Hp EVP Unloads 6,000 Shares of Stock (HPQ)

[Anonymous]

Hp EVP Unloads 6,000 Shares of Stock (HPQ)
by Alphonse Anthony
Hewlett-Packard (NYSE:HPQ) EVP John Schultz sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $23.25, for a total transaction of $139,500.00. Following the transaction, the executive vice president now directly owns 27,933 shares in the company, valued at approximately $649,442. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.http://www.sec.gov/Archives/edgar/data/47217/000117970613000108/xslF345X01/edgar.xml

Several analysts have recently commented on the stock. Analysts at FBN Securities raised their price target on shares of Hewlett-Packard from $24.00 to $25.00 in a research note to investors on Thursday, October 10th. They now have a “sector perform” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Hewlett-Packard in a research note to investors on Thursday, October 10th. They now have a $17.00 price target on the stock. Finally, analysts at Needham & Company upgraded shares of Hewlett-Packard from an “underperform” rating to a “hold” rating in a research note to investors on Thursday, October 10th. Four research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $22.49.

Hp EVP Unloads 6,000 Shares of Stock (HPQ)
by Alphonse Anthony
Hewlett-Packard (NYSE:HPQ) EVP John Schultz sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $23.25, for a total transaction of $139,500.00. Following the transaction, the executive vice president now directly owns 27,933 shares in the company, valued at approximately $649,442. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.http://www.sec.gov/Archives/edgar/data/47217/000117970613000108/xslF345X01/edgar.xml

Several analysts have recently commented on the stock. Analysts at FBN Securities raised their price target on shares of Hewlett-Packard from $24.00 to $25.00 in a research note to investors on Thursday, October 10th. They now have a “sector perform” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Hewlett-Packard in a research note to investors on Thursday, October 10th. They now have a $17.00 price target on the stock. Finally, analysts at Needham & Company upgraded shares of Hewlett-Packard from an “underperform” rating to a “hold” rating in a research note to investors on Thursday, October 10th. Four research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $22.49.

[Author]

November 12, 2013 at 12:02 PM