Transcend Capital Advisors LLC Sells 500 Shares of HP Inc. $HPQ

Transcend Capital Advisors LLC trimmed its position in shares of HP Inc. (NYSE:HPQ) by 5.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,294 shares of the computer maker’s stock after selling 500 shares during the period. Transcend Capital Advisors LLC’s holdings in HP were worth $227,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Plato Investment Management Ltd boosted its holdings in shares of HP by 1.2% in the first quarter. Plato Investment Management Ltd now owns 31,030 shares of the computer maker’s stock worth $869,000 after acquiring an additional 363 shares during the period. Coppell Advisory Solutions LLC boosted its holdings in shares of HP by 4.4% in the first quarter. Coppell Advisory Solutions LLC now owns 8,747 shares of the computer maker’s stock worth $223,000 after acquiring an additional 369 shares during the period. Fiduciary Financial Group LLC boosted its holdings in shares of HP by 3.2% in the second quarter. Fiduciary Financial Group LLC now owns 12,712 shares of the computer maker’s stock worth $324,000 after acquiring an additional 390 shares during the period. Bleakley Financial Group LLC boosted its holdings in shares of HP by 2.1% in the first quarter. Bleakley Financial Group LLC now owns 20,262 shares of the computer maker’s stock worth $561,000 after acquiring an additional 411 shares during the period. Finally, Private Trust Co. NA boosted its holdings in shares of HP by 13.3% in the first quarter. Private Trust Co. NA now owns 3,684 shares of the computer maker’s stock worth $102,000 after acquiring an additional 433 shares during the period. 77.53% of the stock is owned by institutional investors.

HP Stock Performance

NYSE:HPQ opened at $27.49 on Friday. The firm has a market capitalization of $25.70 billion, a price-to-earnings ratio of 10.03, a P/E/G ratio of 2.23 and a beta of 1.29. HP Inc. has a 52-week low of $21.21 and a 52-week high of $39.79. The stock has a fifty day moving average of $27.75 and a 200 day moving average of $26.39.

HP (NYSE:HPQ) last issued its quarterly earnings results on Wednesday, August 27th. The computer maker reported $0.75 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.75. HP had a negative return on equity of 262.03% and a net margin of 4.83%.The firm had revenue of $13.93 billion during the quarter, compared to analyst estimates of $13.69 billion. During the same quarter in the previous year, the company posted $0.83 earnings per share. The company’s revenue was up 3.1% compared to the same quarter last year. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. Equities analysts forecast that HP Inc. will post 3.56 earnings per share for the current fiscal year.

Insider Activity

In other HP news, insider Anneliese Olson sold 18,154 shares of HP stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $27.88, for a total transaction of $506,133.52. Following the completion of the sale, the insider owned 169 shares of the company’s stock, valued at $4,711.72. The trade was a 99.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Enrique Lores sold 34,282 shares of the stock in a transaction on Monday, September 29th. The shares were sold at an average price of $26.85, for a total transaction of $920,471.70. Following the transaction, the chief executive officer directly owned 3 shares in the company, valued at approximately $80.55. This represents a 99.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Hsbc Global Res raised HP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of HP in a research note on Wednesday, October 8th. Wall Street Zen cut shares of HP from a “buy” rating to a “hold” rating in a research note on Sunday, October 26th. Sanford C. Bernstein began coverage on HP in a research note on Monday, September 15th. They set a “market perform” rating and a $30.00 price objective for the company. Finally, Barclays dropped their price objective on HP from $28.00 to $27.00 and set an “equal weight” rating for the company in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $28.71.

HP Profile

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.