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Oppenheimer & Co. Inc. Sells 58,577 Shares of Hewlett Packard Enterprise Company $HPE
Oppenheimer & Co. Inc. significantly reduced its stake in Hewlett Packard Enterprise (HPE) by 42.2% in Q4, selling 58,577 shares and retaining 80,115 shares. This comes amidst substantial insider selling, with CEO Antonio F. Neri and EVP Neil B. Macdonald collectively selling millions of dollars worth of stock. Despite the insider selling, HPE’s recent earnings beat estimates, with revenue up 18.4% year-over-year, and the company announced a quarterly dividend.