Hp EVP Henry Gomez Sells 70,250 Shares (HPQ)
Posted by Nolan Pearson

Hewlett-Packard Company (NYSE:HPQ) EVP Henry Gomez sold 70,250 shares of the company’s stock on the open market in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $37.02, for a total value of $2,600,655.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Hewlett-Packard Company (NYSE:HPQ) opened at 35.92 on Thursday. Hewlett-Packard Company has a 52-week low of $22.06 and a 52-week high of $38.25. The stock’s 50-day moving average is $36.5 and its 200-day moving average is $34.3. The company has a market cap of $67.037 billion and a P/E ratio of 13.24. Hewlett-Packard Company also saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 27,627,342 shares, a decline of 16.4% from the August 29th total of 33,029,106 shares. Based on an average daily trading volume, of 8,244,400 shares, the days-to-cover ratio is presently 3.4 days. Approximately 1.5% of the shares of the company are sold short.
Hewlett-Packard Company (NYSE:HPQ) last announced its earnings results on Wednesday, August 20th. The company reported $0.89 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.89. The company had revenue of $27.59 billion for the quarter, compared to the consensus estimate of $27.00 billion. During the same quarter last year, the company posted $0.86 earnings per share. Hewlett-Packard Company’s revenue was up 1.0% compared to the same quarter last year. On average, analysts predict that Hewlett-Packard Company will post $3.73 earnings per share for the current fiscal year.