HP Inc. (NYSE:HPQ – Get Free Report) insider David Mcquarrie sold 31,572 shares of the company’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $32.12, for a total value of $1,014,092.64. Following the transaction, the insider directly owned 8,008 shares of the company’s stock, valued at $257,216.96. This represents a 79.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
HP Stock Performance
NYSE:HPQ opened at $32.48 on Friday. The stock has a 50-day simple moving average of $31.09 and a 200 day simple moving average of $25.54. HP Inc. has a 52-week low of $17.56 and a 52-week high of $36.22. The company has a market cap of $29.29 billion, a PE ratio of 12.40, a PEG ratio of 1.68 and a beta of 1.17.
HP (NYSE:HPQ – Get Free Report) last released its earnings results on Wednesday, August 26th. The computer maker reported $0.83 EPS for the quarter, beating the consensus estimate of $0.66 by $0.17. The firm had revenue of $15.68 billion for the quarter, compared to analysts’ expectations of $14.44 billion. HP had a negative return on equity of 947.78% and a net margin of 4.14%.The business’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 EPS. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. On average, research analysts predict that HP Inc. will post 3.23 earnings per share for the current fiscal year.
Institutional Trading of HP
Wall Street Analyst Weigh In
HPQ has been the subject of a number of analyst reports. Royal Bank Of Canada assumed coverage on shares of HP in a research report on Thursday, September 10th. They issued a “sector perform” rating and a $33.00 target price for the company. Evercore set a $32.00 price target on shares of HP in a research report on Monday, August 24th. Sanford C. Bernstein restated a “market perform” rating and set a $32.00 price objective on shares of HP in a research note on Thursday, August 27th. TD Cowen raised their price objective on HP from $26.00 to $30.00 and gave the company a “hold” rating in a report on Thursday, August 27th. Finally, Bank of America reaffirmed an “underperform” rating on shares of HP in a research report on Thursday, August 27th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $25.77.
About HP
HP Inc (NYSE: HPQ) is a global technology company that develops and sells personal computing and printing products, services, and solutions. Its portfolio includes laptops, desktop computers, workstations, monitors, accessories, and other peripherals for consumers and businesses.
The company’s printing business provides printers, multifunction devices, digital presses, supplies such as ink and toner, and related services and solutions. HP also offers managed print services, device and lifecycle management, and other technology services designed to support workplace productivity and hybrid work environments.
HP traces its origins to Hewlett-Packard, founded in 1939 by Bill Hewlett and Dave Packard.
See Also
- Five stocks we like better than HP
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
Receive News & Ratings for HP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HP and related companies with MarketBeat.com's FREE daily email newsletter.
