EVP/CTO Fidelma Russo sells 34.0K HPE shares for $852.7K at blended $25.08, reducing stake 66.7%
Fidelma Russo, EVP and GM of Hybrid Cloud & CTO, executed two separate sales totaling 34,001 shares for $852,745.95 on 2026-03-25, reducing her HPE holdings from 51,002 shares to 17,001 shares—a 66.7% reduction. She sold at $24.21 and $25.95, achieving a blended average price of $25.08, slightly above the current price of $23.94. Her prior HPE trades show a pattern of successful timing: 4 of 5 previous sells were well-timed at the 90-day mark, with negative 90-day returns after those sales. Cross-ticker, her track record shows a 66.67% 90-day well-timed rate across all sells. HPE itself is performing solidly with $9.3B quarterly revenue, +13.8% annual growth, and a market cap of $31.8B, suggesting the sale is not driven by fundamental deterioration. The large percentage reduction warrants attention to whether it reflects estate planning, diversification, or strategic reallocation.