HP Inc. $HPQ Shares Sold by Cypress Capital LLC

Cypress Capital LLC lessened its stake in HP Inc. (NYSE:HPQ) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,788 shares of the computer maker’s stock after selling 2,144 shares during the period. Cypress Capital LLC’s holdings in HP were worth $729,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WPG Advisers LLC purchased a new position in shares of HP in the 1st quarter valued at approximately $25,000. Global Trust Asset Management LLC grew its position in HP by 492.6% in the 2nd quarter. Global Trust Asset Management LLC now owns 1,203 shares of the computer maker’s stock valued at $29,000 after buying an additional 1,000 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in HP in the 1st quarter valued at $35,000. Iron Horse Wealth Management LLC purchased a new position in HP during the 1st quarter worth $39,000. Finally, Quaker Wealth Management LLC lifted its stake in shares of HP by 203.9% in the 2nd quarter. Quaker Wealth Management LLC now owns 1,692 shares of the computer maker’s stock worth $41,000 after acquiring an additional 3,320 shares during the period. 77.53% of the stock is owned by hedge funds and other institutional investors.

HP Price Performance

NYSE HPQ opened at $26.26 on Monday. HP Inc. has a 1-year low of $21.21 and a 1-year high of $39.79. The company has a market capitalization of $24.54 billion, a P/E ratio of 9.58, a PEG ratio of 2.23 and a beta of 1.28. The business has a 50 day moving average price of $27.61 and a 200 day moving average price of $26.54.

HP (NYSE:HPQ) last posted its earnings results on Wednesday, August 27th. The computer maker reported $0.75 EPS for the quarter, hitting analysts’ consensus estimates of $0.75. The company had revenue of $13.93 billion for the quarter, compared to the consensus estimate of $13.69 billion. HP had a negative return on equity of 262.03% and a net margin of 4.83%.HP’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.83 earnings per share. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. On average, research analysts expect that HP Inc. will post 3.56 earnings per share for the current fiscal year.

Insider Activity

In other HP news, CEO Enrique Lores sold 34,282 shares of HP stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $26.85, for a total transaction of $920,471.70. Following the completion of the transaction, the chief executive officer owned 3 shares in the company, valued at approximately $80.55. The trade was a 99.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Anneliese Olson sold 18,154 shares of the stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total transaction of $506,133.52. Following the completion of the sale, the insider owned 169 shares in the company, valued at $4,711.72. This represents a 99.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.38% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on HPQ shares. UBS Group increased their price target on shares of HP from $26.00 to $29.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. HSBC set a $30.00 target price on HP and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Zacks Research raised HP from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 19th. Hsbc Global Res upgraded HP from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Finally, Sanford C. Bernstein started coverage on HP in a report on Monday, September 15th. They set a “market perform” rating and a $30.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, HP has an average rating of “Hold” and an average price target of $28.71.

HP Company Profile

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.