Top Hewlett Packard Enterprise Insiders Quietly Cash In on a Major Stock Move
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Recent insider trading at Hewlett Packard Enterprise (HPE) has raised eyebrows, with two executives selling a total of 62,917 shares for $1,544,583. SVP Kirt Karros sold 36,460 shares, while CEO Antonio Neri sold 26,457 shares. Despite strong earnings and growth in networking and AI, HPE's stock is rated Neutral by TipRanks due to profitability concerns and a negative P/E ratio. The company's market cap stands at $32.47 billion, with a year-to-date price performance of 17.03%.
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