HP (NYSE:HPQ) Stock: Insider Anneliese Olson Sells 18,997 Shares

HP Inc. (NYSE:HPQ) insider Anneliese Olson sold 18,997 shares of HP stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $32.56, for a total value of $618,542.32. Following the completion of the sale, the insider directly owned 169 shares of the company’s stock, valued at approximately $5,502.64. This trade represents a 99.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

HP Stock Down 9.5%

NYSE HPQ opened at $28.82 on Friday. The company has a market cap of $25.99 billion, a PE ratio of 11.00, a price-to-earnings-growth ratio of 1.65 and a beta of 1.17. HP Inc. has a 52 week low of $17.56 and a 52 week high of $36.22. The firm’s 50-day simple moving average is $31.73 and its two-hundred day simple moving average is $24.54.

HP (NYSE:HPQ) last issued its earnings results on Wednesday, August 26th. The computer maker reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.17. The firm had revenue of $15.68 billion during the quarter, compared to analyst estimates of $14.44 billion. HP had a net margin of 4.14% and a negative return on equity of 947.78%. The company’s quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter last year, the business earned $0.75 earnings per share. HP has set its FY 2026 guidance at 3.190-3.290 EPS and its Q4 2026 guidance at 0.690-0.790 EPS. As a group, equities research analysts anticipate that HP Inc. will post 3.23 EPS for the current year.

Analyst Upgrades and Downgrades

HPQ has been the topic of a number of analyst reports. Evercore set a $32.00 price objective on HP in a research note on Monday, August 24th. Zacks Research lowered HP from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Morgan Stanley decreased their price target on HP from $19.00 to $17.00 and set an “underweight” rating on the stock in a research report on Monday, August 24th. Wall Street Zen lowered shares of HP from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th. Finally, Bank of America restated an “underperform” rating on shares of HP in a research report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $25.42.

HP News Summary

Here are the key news stories impacting HP this week:

• Positive Sentiment: HP’s lower valuation relative to Apple, along with continued adoption of AI-enabled PCs and demand for premium commercial devices, supports the stock’s long-term investment case. HPQ vs. AAPL: Which Computer Stock Offers Better Investment Potential?
• Positive Sentiment: HP previously exceeded quarterly expectations, reporting $0.83 in adjusted earnings per share versus a $0.66 consensus estimate and $15.68 billion in revenue, up 12.5% year over year. This provides some fundamental support, although investors are focused more heavily on forward PC demand. HP Inc. earnings preview: What to expect
• Neutral Sentiment: Insider Anneliese Olson sold approximately $618,542 of HP stock to cover tax withholding tied to vested equity awards. Because the sale was described as tax-related rather than discretionary, it is a limited signal about management’s outlook. Insider Selling: HP Insider Sells $618,542.32 in Stock
• Negative Sentiment: Intel’s warning that memory shortages are constraining PC demand triggered selling across computer and server makers, including HP. Investors fear tighter component availability, weaker PC shipments and margin pressure could weigh on HP’s upcoming results. Dell Sinks as Intel’s Warning Hits Hardware Stocks
• Negative Sentiment: Intel’s weak guidance and margin concerns reinforced fears of a broader PC-market downturn, increasing pressure on HP’s consumer-computing business and near-term earnings outlook. Silicon Shock: Intel’s 25% Valuation Reset
• Negative Sentiment: Zacks Research downgraded HP from “strong buy” to “hold,” adding to the cautious tone surrounding the stock. Broader analyst sentiment remains restrained, with concerns about slowing PC demand despite HP’s inexpensive valuation. Zacks Research stock recommendations

Institutional Investors Weigh In On HP

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Optimist Retirement Group LLC increased its position in shares of HP by 1.2% during the 3rd quarter. Optimist Retirement Group LLC now owns 123,067 shares of the computer maker’s stock valued at $3,850,000 after purchasing an additional 1,442 shares during the last quarter. Covestor Ltd raised its holdings in shares of HP by 66.3% during the 3rd quarter. Covestor Ltd now owns 3,554 shares of the computer maker’s stock valued at $111,000 after buying an additional 1,417 shares in the last quarter. Richardson Financial Services Inc. lifted its position in HP by 122.9% in the 3rd quarter. Richardson Financial Services Inc. now owns 1,917 shares of the computer maker’s stock worth $60,000 after buying an additional 1,057 shares during the last quarter. Ascent Group LLC lifted its position in HP by 22.7% in the 3rd quarter. Ascent Group LLC now owns 75,369 shares of the computer maker’s stock worth $2,358,000 after buying an additional 13,929 shares during the last quarter. Finally, Rakuten Investment Management Inc. boosted its stake in HP by 9.7% in the third quarter. Rakuten Investment Management Inc. now owns 164,146 shares of the computer maker’s stock worth $5,044,000 after buying an additional 14,561 shares in the last quarter. Hedge funds and other institutional investors own 77.53% of the company’s stock.

About HP

HP Inc (NYSE: HPQ) is a global technology company that develops personal computing and printing products, services, and solutions. Its portfolio includes laptops, desktop computers, workstations, monitors, peripherals, printers, digital printing systems, and related supplies such as ink and toner.

The company serves consumers, small and medium-sized businesses, large enterprises, and public-sector organizations through direct sales, online channels, retailers, distributors, and other business partners.