Nucor earnings beat by $0.08, revenue fell short of estimates
Stephanie Liebman, the Global Controller at HP Inc. (NYSE:HPQ), recently sold 15,646 shares of the company’s common stock. The shares were sold at a weighted average price of $29.00, amounting to a total transaction value of approximately $453,734. The transaction comes as HP, a prominent player in the Technology Hardware industry with a market capitalization of $27.1 billion, trades near its 52-week low of $27.43. According to InvestingPro analysis, the stock is currently undervalued based on its Fair Value assessment. Following this transaction, Liebman holds no shares directly but retains 20 shares indirectly as a custodian for her daughter under the Uniform Transfers to Minors Act. The sale was executed on March 24, 2025, as per the SEC filing. While this insider sale might raise questions, InvestingPro data shows that management has been aggressively buying back shares, and the company maintains a strong financial health score of "GOOD." Investors seeking comprehensive insider trading analysis and 14 additional exclusive ProTips can access the full HP Pro Research Report on InvestingPro.
In other recent news, HP Inc. reported its first-quarter earnings for 2025, with earnings per share (EPS) meeting analyst expectations at $0.74 and revenue slightly surpassing forecasts at $13.5 billion. Despite these results, Loop Capital Markets adjusted its outlook on HP, lowering the price target from $35.00 to $30.00 while maintaining a Hold rating. The company’s Personal Systems segment showed a 5% revenue increase, driven by strong commercial demand and deeper penetration of AI-powered PCs, even as consumer demand remained weak. Additionally, HP’s Print revenue dipped by 1% year-over-year, reflecting strong consumer hardware performance but weaker commercial print demand, particularly in China. HP is also contemplating shifting some of its manufacturing operations to the United States, a move driven by potential tariff threats and the push for domestic investment. CEO Enrique Lores noted that this shift is under consideration, although no final decision has been made. Furthermore, HP introduced a range of new products, including AI-driven PCs and printers with enhanced security features, at its Amplify Conference. These developments highlight HP’s ongoing efforts to innovate and adapt in a competitive market.
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