Hewlett Packard Enterprise Co Can’t Be More Risky. Option Traders Sell It

 Hewlett Packard Enterprise Co Can't Be More Risky. Option Traders Sell It

In today’s session Hewlett Packard Enterprise Co (HPE) recorded an unusually high (172) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious HPE decrease. With 172 contracts traded and 3224 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: HPE161021P00021000 closed last at: $0.35 or 40% up. About 7.79M shares traded hands. Hewlett Packard Enterprise Co (NYSE:HPE) has risen 24.90% since March 16, 2016 and is uptrending. It has outperformed by 19.35% the S&P500.

Hewlett Packard Enterprise Co (NYSE:HPE) Ratings Coverage

Out of 23 analysts covering Hewlett Packard Enterprise (NYSE:HPE), 8 rate it a “Buy”, 3 “Sell”, while 12 “Hold”. This means 35% are positive. Hewlett Packard Enterprise has been the topic of 26 analyst reports since November 3, 2015 according to StockzIntelligence Inc. Sterne Agee CRT initiated the shares of HPE in a report on Thursday, November 5 with “Neutral” rating. The firm earned “Underweight” rating on Wednesday, November 4 by Barclays Capital. RBC Capital Markets maintained it with “Sector Perform” rating and $15 target price in Monday, November 23 report. Maxim Group initiated Hewlett Packard Enterprise Co (NYSE:HPE) rating on Monday, November 23. Maxim Group has “Hold” rating and $13.5 price target. The rating was initiated by Argus Research with “Buy” on Thursday, December 3. Credit Suisse upgraded the shares of HPE in a report on Monday, December 14 to “Outperform” rating. Morgan Stanley initiated Hewlett Packard Enterprise Co (NYSE:HPE) on Wednesday, November 11 with “Equal-Weight” rating. The stock has “Neutral” rating given by Mizuho on Tuesday, November 3. The rating was initiated by UBS with “Buy” on Wednesday, November 4. Needham maintained the stock with “Buy” rating in Wednesday, October 19 report.

According to Zacks Investment Research, “Hewlett Packard Enterprise Company was spun-off from the Hewlett-Packard Company in November 2015. The company operates in four segments: Enterprise Services, Enterprise Group, Software and Financial Services. The Enterprise Group is the company’s largest revenue contributor, accounting for more than half of total revenues. This segment offers servers, management software, converged infrastructure solutions and technology services; hybrid cloud solutions, business critical systems and storage products. The Software segment offers software to capture, store, explore, analyze, protect and share information and insights within and outside organizations; enterprise security, application delivery management, IT operations management software products. The Enterprise Services segment offers consulting, outsourcing and support services across infrastructure, applications and business process domains; application and business services. The company is headquartered in Palo Alto, California.”

Hewlett Packard Enterprise Company is a well-known provider of technology solutions. The company has a market cap of $36.62 billion. The Firm operates through five divisions: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. It has a 8.81 P/E ratio. The Enterprise Group segment provides its clients with the technology infrastructure they need to optimize traditional information technology .

HPE Company Profile

Hewlett Packard Enterprise Company, incorporated on February 25, 2015, is a well-known provider of technology solutions. The Firm operates through five divisions: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its clients with the technology infrastructure they need to optimize traditional information technology (IT). The Software segment allows its clients to automate IT activities to simplify, accelerate and secure business processes and drives the analytics that turn raw data into actionable knowledge. The Enterprise Services segment brings all of its solutions together through its consulting and support professionals. The Financial Services segment enables flexible IT consumption models, financial architectures and customized investment solutions for its customers. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects, among others. The Company’s clients range from small and medium-sized businesses (SMBs) to large global enterprises.

More notable recent Hewlett Packard Enterprise Co (NYSE:HPE) news were published by: Fool.com which released: “What Should Hewlett Packard Enterprise Co Do With Its Growing Cash Hoard?” on October 17, 2016, also Fool.com with their article: “3 Reasons Hewlett Packard Enterprise Co Stock Could Rise” published on October 10, 2016, Fool.com published: “Hewlett Packard Enterprise Co.’s Deal With Samsung Is a Win-Win” on October 04, 2016. More interesting news about Hewlett Packard Enterprise Co (NYSE:HPE) were released by: Fool.com and their article: “Hewlett Packard Enterprise Co Stock Hits New High, And Its Still A Bargain” published on September 24, 2016 as well as Forbes.com‘s news article titled: “Ex-Dividend Reminder: Campbell Soup, Interdigital and Hewlett Packard Enterprise” with publication date: October 05, 2016.

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