KD Logo

Recent Insider Activity Could Benefit Talkspace Inc (TALK)

In a filing, Talkspace Inc revealed its Chief Marketing Officer Watson Katelyn unloaded Company’s shares for reported $0.25 million on May 21 ’24. In the deal valued at $2.70 per share,94,018 shares were sold. As a result of this transaction, Watson Katelyn now holds 478,473 shares worth roughly $1.04 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Needham initiated its Talkspace Inc [TALK] rating to a Hold in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early January with a ‘”an Equal weight”‘ rating. Jefferies began covering TALK with “Hold” recommendation on December 02, 2021. SVB Leerink revised its rating on November 16, 2021. It rated TALK as “a Mkt perform” which previously was an “an Outperform”.

Price Performance Review of TALK

On Tuesday, Talkspace Inc [NASDAQ:TALK] saw its stock jump 13.61% to $2.17. Over the last five days, the stock has gained 19.89%. Talkspace Inc shares have fallen nearly -14.57% since the year began. Nevertheless, the stocks have risen 24.00% over the past one year. While a 52-week high of $3.92 was reached on 04/09/24, a 52-week low of $1.41 was recorded on 08/07/24. SMA at 50 days reached $1.9100, while 200 days put it at $2.5100.

Levels Of Support And Resistance For TALK Stock

The 24-hour chart illustrates a support level at 2.0400, which if violated will result in even more drops to 1.9100. On the upside, there is a resistance level at 2.4000. A further resistance level may holdings at 2.6300. The Relative Strength Index (RSI) on the 14-day chart is 66.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1200, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.00%. Stochastics %K at 66.85% indicates the stock is a holding.

How much short interest is there in Talkspace Inc?

A steep rise in short interest was recorded in Talkspace Inc stocks on 2024-08-30, dropping by -0.87 million shares to a total of 6.68 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 7.54 million shares. There was a decline of -12.97%, which implies that there is a negative sentiment for the stock.

Most Popular