Insider Sell Alert: Kristen Ludgate Sells 74,356 Shares of HP Inc (HPQ)

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Dec 17, 2024
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On December 13, 2024, Kristen Ludgate, Chief People Officer at HP Inc, sold 74,356 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 56,169 shares of HP Inc. HP Inc (HPQ, Financial) is a global provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. 1868809180756996096.png Over the past year, Kristen Ludgate has sold a total of 115,371 shares and has not purchased any shares. The insider transaction history for HP Inc shows that there have been 0 insider buys and 11 insider sells over the same timeframe. 1868809222003781632.png On the day of the recent sale, shares of HP Inc were trading at $34.43, giving the stock a market cap of $32,063.304 million. The company's price-earnings ratio is 12.17, which is lower than the industry median of 23.715 but higher than the company’s historical median price-earnings ratio. With a price of $34.43 and a GF Value of $30.43, HP Inc has a price-to-GF-Value ratio of 1.13, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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