Senior VP Of Hewlett Packard Enterprise Sold 100% Of Their Shares

Some Hewlett Packard Enterprise Company (NYSE:HPE) shareholders may be a little concerned to see that the Senior VP, Jeremy Cox, recently sold a substantial US$1.3m worth of stock at a price of US$18.44 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 100% of their entire holding.

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Hewlett Packard Enterprise Insider Transactions Over The Last Year

The Executive VP and Chief Operating & Legal Officer, John Schultz, made the biggest insider sale in the last 12 months. That single transaction was for US$5.7m worth of shares at a price of US$21.62 each. So we know that an insider sold shares at around the present share price of US$20.48. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

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!

View our latest analysis for Hewlett Packard Enterprise

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Insider Ownership Of Hewlett Packard Enterprise

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Hewlett Packard Enterprise insiders own 0.4% of the company, worth about US$105m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Hewlett Packard Enterprise Insider Transactions Indicate?

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. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. In terms of investment risks, we've identified 4 warning signs with Hewlett Packard Enterprise and understanding these should be part of your investment process.

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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.