Insider Sell Alert: Alex Cho Sells 10,298 Shares of HP Inc (HPQ)

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Dec 03, 2024
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On November 29, 2024, [Alex Cho](https://www.gurufocus.com/insider/13316/alex-cho), President of Personal Systems at HP Inc, executed a sale of 10,298 shares of [HP Inc (HPQ, Financial)](https://www.gurufocus.com/stock/HPQ/summary). Following this transaction, the insider now holds 64,676 shares of the company. The details of this transaction can be found in the [SEC Filing](http://www.sec.gov/Archives/edgar/data/47217/000095017024132291/xslF345X01/ownership.xml). HP Inc 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. Over the past year, [Alex Cho](https://www.gurufocus.com/insider/13316/alex-cho) has sold a total of 183,435 shares and has not made any purchases. The insider transaction history for HP Inc indicates that there have been no insider buys in the past year, while there have been eight insider sells. 1863735515954704384.png On the day of the recent sale, shares of HP Inc were trading at $34.32, giving the stock a [market cap](https://www.gurufocus.com/term/mktcap/HPQ) of $35.116 billion. The [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/HPQ) stands at 12.97, which is lower than the industry median of 23.67 but higher than the company’s historical median price-earnings ratio. With a trading price of $34.32 and a [GF Value](https://www.gurufocus.com/term/gf-value/HPQ) of $30.38, HP Inc has a price-to-GF-Value ratio of 1.13, indicating that the stock is modestly overvalued based on its GF Value. 1863735611438034944.png The [GF Value](https://www.gurufocus.com/term/gf-value/HPQ) is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as the [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/HPQ), [price-sales ratio](https://www.gurufocus.com/term/ps-ratio/HPQ), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/HPQ), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/HPQ) that the stock has traded at. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as 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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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.