Insider Trading Alert - HPQ, IRT And IT Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Yesterday, June 4, 2015, 76 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $203.25 to $160,379,000.00.

Highlighted Stocks Traded by Insiders:

Hewlett-Packard (HPQ) - FREE Research Report

Lane Raymond J., who is Director at Hewlett-Packard, sold 126,300 shares at $34.16 on June 4, 2015. Following this transaction, the Director owned 145,088 shares meaning that the stake was reduced by 46.54% with the 126,300-share transaction.

The shares most recently traded at $32.96, down $1.20, or 3.64% since the insider transaction. Historical insider transactions for Hewlett-Packard go as follows:

  • 4-Week # shares sold: 19,498
  • 12-Week # shares sold: 19,498
  • 24-Week # shares sold: 47,485

The average volume for Hewlett-Packard has been 11.7 million shares per day over the past 30 days. Hewlett-Packard has a market cap of $61.7 billion and is part of the technology sector and computer hardware industry. Shares are down 17.02% year-to-date as of the close of trading on Thursday.

Hewlett-Packard Company, together with its subsidiaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. The stock currently has a dividend yield of 2.07%. The company has a P/E ratio of 13.0. Currently, there are 10 analysts who rate Hewlett-Packard a buy, 1 analyst rates it a sell, and 7 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on HPQ - FREE

TheStreet Quant Ratings rates Hewlett-Packard as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and increase in stock price during the past year. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full Hewlett-Packard Ratings Report from TheStreet Quant Ratings now.

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