Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hubbell Inc shares valued at $67,249 were purchased by DEL NERO JONATHAN M. on Nov 06 ’24. At $476.95 per share, DEL NERO JONATHAN M. acquired 141 shares.
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
Also, Bakker Gerben sold 15,677 shares, netting a total of over 5,868,579 in proceeds. Following the sale of shares at $374.34 each, the insider now holds 66,415 shares.
Before that, Bakker Gerben had added 15,677 shares to its account. In a trade valued at $5,868,545, the Officer bought Hubbell Inc shares for $374.34 each.
As published in their initiating research note from Bernstein on November 05, 2024, Hubbell Inc [HUBB] has been an Outperform and the price target has been revised to $535. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early October. As of September 06, 2024, Deutsche Bank has increased its “Hold” rating to a “Buy” for HUBB. Earlier on September 06, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Equal-weight” for HUBB stock.
Analyzing HUBB Stock Performance
During the last five days, there has been a surge of approximately 9.37%. Over the course of the year, Hubbell Inc shares have jumped approximately 43.53%. Shares of the company reached a 52-week high of $481.35 on 11/06/24 and a 52-week low of $315.38 on 01/05/24. A 50-day SMA is recorded $424.97, while a 200-day SMA reached $392.41. Nevertheless, trading volume fell to 0.78 million shares from 0.37 million shares the previous day.
Support And Resistance Levels for Hubbell Inc (HUBB)
According to the 24-hour chart, there is a support level at 455.05, which, if violated, would cause prices to drop to 437.98. In the upper region, resistance lies at 485.27. The next price resistance is at 498.41. RSI (Relative Strength Index) is 67.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.83, which suggests the price will increase in the coming days. Percent R is at 14.91%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
