Have Insiders Sold Hewlett Packard Enterprise Shares Recently?

We wouldn't blame Hewlett Packard Enterprise Company (NYSE:HPE) shareholders if they were a little worried about the fact that Antonio Neri, the CEO, President & Director recently netted about US$5.2m selling shares at an average price of US$20.73. That's a big disposal, and it decreased their holding size by 14%, which is notable but not too bad.

View our latest analysis for Hewlett Packard Enterprise

The Last 12 Months Of Insider Transactions At Hewlett Packard Enterprise

Notably, that recent sale by Antonio Neri is the biggest insider sale of Hewlett Packard Enterprise shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$20.69. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last year Hewlett Packard Enterprise insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Insider Ownership Of Hewlett Packard Enterprise

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Hewlett Packard Enterprise insiders own 0.4% of the company, worth about US$96m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Hewlett Packard Enterprise Insider Transactions Indicate?

An insider sold Hewlett Packard Enterprise shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But it is good to see that Hewlett Packard Enterprise is growing earnings. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example - Hewlett Packard Enterprise has 2 warning signs we think you should be aware of.

Of course Hewlett Packard Enterprise may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.