Hewlett Packard Enterprise Executive VP and Chief Operating & Legal Officer John Schultz Sells 49% Of Holding

Some Hewlett Packard Enterprise Company (NYSE:HPE) shareholders may be a little concerned to see that the Executive VP and Chief Operating & Legal Officer, John Schultz, recently sold a substantial US$5.7m worth of stock at a price of US$21.62 per share. That's a big disposal, and it decreased their holding size by 49%, which is notable but not too bad.

See our latest analysis for Hewlett Packard Enterprise

The Last 12 Months Of Insider Transactions At Hewlett Packard Enterprise

In fact, the recent sale by John Schultz was the biggest sale of Hewlett Packard Enterprise shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at below the current price (US$21.83). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was only 49% of John Schultz's holding.

Insiders in Hewlett Packard Enterprise didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership Of Hewlett Packard Enterprise

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.3% of Hewlett Packard Enterprise shares, worth about US$95m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Hewlett Packard Enterprise Insiders?

Insiders haven't bought Hewlett Packard Enterprise stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. But since Hewlett Packard Enterprise is profitable and growing, we're not too worried by this. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Hewlett Packard Enterprise. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Hewlett Packard Enterprise.

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.

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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.