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HPE CEO Antonio Neri sells $17.1m in company stock

HPE CEO Antonio Neri sells $17.1m in company stock

Hewlett Packard Enterprise CEO Antonio Neri sold 250,000 shares of the company's common stock on October 5, 2026, for roughly $17.08 million. The transaction comprised two separate trades: 56,696 shares were sold at prices between $67.10 and $68.10, while 193,304 shares were sold at prices ranging from $68.11 to $68.94. The average price per share was $68.3102.

Since the sale, HPE's stock price has risen to $72.09, nearing its 52-week high of $73.28. This follows a 190% increase over the past six months. However, HPE is currently deemed overvalued relative to its fair value, placing it among the most overvalued stocks on the list. These transactions were executed in accordance with a pre-established trading plan adopted on June 4, 2026, by the Antonio Neri Revocable Trust, with Neri acting as Trustee.

Following the sales, Neri indirectly holds 1,182,393 shares through a revocable trust. Analysts have recently expressed differing opinions on HPE's potential, with some upgrading the stock and others downgrading it.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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