HP (NYSE:HPQ) Stock Price Breaks Below Fifty Day Moving Average Following Insider Selling

HP Inc. (NYSE:HPQ)’s share price passed below its 50 day moving average during trading on Friday following insider selling activity. The stock has a 50 day moving average of $31.73 and traded as low as $26.96. HP shares last traded at $28.82, with a volume of 29,894,922 shares changing hands.

Specifically, insider Anneliese Olson sold 18,997 shares of the business’s stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $32.56, for a total transaction of $618,542.32. Following the completion of the transaction, the insider owned 169 shares in the company, valued at approximately $5,502.64. The trade was a 99.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on HPQ shares. UBS Group increased their target price on shares of HP from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, August 27th. Evercore set a $32.00 price target on shares of HP in a report on Monday, August 24th. TD Cowen upped their price objective on shares of HP from $26.00 to $30.00 and gave the company a “hold” rating in a research report on Thursday, August 27th. Zacks Research downgraded HP from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Royal Bank Of Canada initiated coverage on HP in a report on Thursday, September 10th. They set a “sector perform” rating and a $33.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $25.42.

Trending Headlines about HP

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

HP Stock Performance

The firm’s fifty day simple moving average is $31.73 and its 200 day simple moving average is $24.54. The stock has a market capitalization of $25.99 billion, a price-to-earnings ratio of 11.00, a P/E/G ratio of 1.65 and a beta of 1.17.

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

Hedge Funds Weigh In On HP

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HPQ. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of HP by 10.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 5,020 shares of the computer maker’s stock valued at $110,000 after purchasing an additional 467 shares in the last quarter. Legacy Wealth Asset Management LLC grew its holdings in shares of HP by 0.6% during the second quarter. Legacy Wealth Asset Management LLC now owns 80,784 shares of the computer maker’s stock worth $1,772,000 after buying an additional 491 shares in the last quarter. Founders Financial Securities LLC grew its holdings in shares of HP by 0.8% during the third quarter. Founders Financial Securities LLC now owns 62,324 shares of the computer maker’s stock worth $1,949,000 after buying an additional 496 shares in the last quarter. Cullinan Associates Inc. raised its position in HP by 0.3% in the 2nd quarter. Cullinan Associates Inc. now owns 189,327 shares of the computer maker’s stock valued at $4,154,000 after buying an additional 540 shares during the last quarter. Finally, Elevation Wealth Partners LLC lifted its stake in HP by 2.5% in the 3rd quarter. Elevation Wealth Partners LLC now owns 22,488 shares of the computer maker’s stock valued at $703,000 after acquiring an additional 550 shares in the last quarter. 77.53% of the stock is owned by institutional investors and hedge funds.

HP Company Profile

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.