Two Hp Exec's Sell-Off $11,586.000.00+ Worth Of Stocks

Two Hp Exec's Sell-Off $11,586.000.00+ Worth Of Stocks
Tracy S. Keogh Sells  $7,272,559.32 of Hewlett-Packard Company Stock
by Samantha Reynolds
Hewlett-Packard Company (NYSE:HPQ) EVP Tracy S. Keogh sold 213,522 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $34.06, for a total transaction of $7,272,559.32. Following the transaction, the executive vice president now directly owns 81,302 shares of the company’s stock, valued at approximately $2,769,146.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Raymond Lane Insider Sell Transaction
Two days ago, the director of Hewlett-Packard Company (NYSE:HPQ) Mr. Raymond Lane, unloaded a sizable amount of company shares – 126,300, amounting to $4,314,307 U.S. Dollars, based on a stock price of $34.2 a share. Due to the size of the transaction there is little probability that it will go ignored. Raymond Lane currently possess 145,088 shares. Raymond Lane’s decision to execute this transaction could indicate management’s lack of confidence in the California-based company’s earnings potential.