A Director at HP Inc (NYSE: HPQ) is Selling Shares

Today, a Director at HP Inc (HPQResearch Report), Shumeet Banerji, sold shares of HPQ for $560K.

This is Banerji’s first Sell trade following 3 Buy transactions. In addition to Shumeet Banerji, one other HPQ executive reported Sell trades in the last month.

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HPQ’s market cap is $29.91B and the company has a P/E ratio of 8.06. Currently, HP Inc has an average volume of 10.8M.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $21.67, reflecting a 8.8% upside.

The insider sentiment on HP Inc has been positive according to 42 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Shumeet Banerji’s trades have generated a 1.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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HP Inc. enages in the provision of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. It operates through following business segments: Personal Systems, Printing, and Corporate Investments.