Achmea Investment Management B.V. cut its holdings in HP Inc. (NYSE:HPQ – Free Report) by 6.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 765,395 shares of the computer maker’s stock after selling 52,202 shares during the period. Achmea Investment Management B.V. owned approximately 0.08% of HP worth $18,722,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. WPG Advisers LLC bought a new position in shares of HP during the 1st quarter worth about $25,000. Global Trust Asset Management LLC lifted its holdings in shares of HP by 492.6% in the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock worth $29,000 after purchasing an additional 1,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in HP in the 1st quarter valued at $35,000. Iron Horse Wealth Management LLC acquired a new position in HP during the first quarter worth $39,000. Finally, Zions Bancorporation National Association UT bought a new position in HP in the 1st quarter valued at about $45,000. Institutional investors own 77.53% of the company’s stock.
Insider Activity
In other news, insider Anneliese Olson sold 18,154 shares of HP stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total value of $506,133.52. Following the completion of the sale, the insider directly owned 169 shares in the company, valued at $4,711.72. The trade was a 99.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Enrique Lores sold 34,282 shares of the stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $26.85, for a total value of $920,471.70. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. 0.38% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
HP Stock Up 2.5%
HPQ opened at $26.59 on Thursday. The business has a 50 day moving average of $27.70 and a 200-day moving average of $26.50. HP Inc. has a 52 week low of $21.21 and a 52 week high of $39.79. The stock has a market cap of $24.85 billion, a PE ratio of 9.70, a PEG ratio of 2.23 and a beta of 1.28.
HP (NYSE:HPQ – Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The computer maker reported $0.75 earnings per share for the quarter, meeting the consensus estimate of $0.75. The firm had revenue of $13.93 billion during the quarter, compared to the consensus estimate of $13.69 billion. HP had a negative return on equity of 262.03% and a net margin of 4.83%.The company’s revenue was up 3.1% on a year-over-year basis. During the same period last year, the company earned $0.83 earnings per share. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. Equities analysts anticipate that HP Inc. will post 3.56 EPS for the current year.
HP Company 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.
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