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Checking in on Hudson Pacific Properties Inc (HPP) after recent insiders movement

Hudson Pacific Properties Inc’s recently made public that its Officer Andrew Wattula acquired Company’s shares for reported $49400.0 on Sep 20 ’24. In the deal valued at $5.28 per share,9,356 shares were bought.

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Then, Wattula Andy sold 9,356 shares, generating $49,400 in total proceeds. Upon selling the shares at $5.28, the Chief Operating Officer now owns 61,068 shares.

Before that, GLASER JONATHAN M sold 9,287 shares. Hudson Pacific Properties Inc shares valued at $48,292 were divested by the Director at a price of $5.20 per share. As a result of the transaction, GLASER JONATHAN M now holds 3,713 shares, worth roughly $16485.72.

Wolfe Research downgraded its Hudson Pacific Properties Inc [HPP] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in early August from “an Overweight” to “a Neutral”. BMO Capital Markets also remained covering HPP and has decreased its forecast on August 08, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. Morgan Stanley revised its rating on July 10, 2024. It rated HPP as “an Underweight” which previously was an “an Equal-weight”.

Price Performance Review of HPP

On Monday, Hudson Pacific Properties Inc [NYSE:HPP] saw its stock fall -2.63% to $4.44. Over the last five days, the stock has gained 4.47%. Hudson Pacific Properties Inc shares have fallen nearly -52.31% since the year began. Nevertheless, the stocks have fallen -17.47% over the past one year. While a 52-week high of $9.85 was reached on 01/02/24, a 52-week low of $4.11 was recorded on 11/04/24. SMA at 50 days reached $4.68, while 200 days put it at $5.51.

Levels Of Support And Resistance For HPP Stock

The 24-hour chart illustrates a support level at 4.35, which if violated will result in even more drops to 4.27. On the upside, there is a resistance level at 4.59. A further resistance level may holdings at 4.75. The Relative Strength Index (RSI) on the 14-day chart is 47.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.17%. Stochastics %K at 52.26% indicates the stock is a holding.

How much short interest is there in Hudson Pacific Properties Inc?

A steep rise in short interest was recorded in Hudson Pacific Properties Inc stocks on 2024-10-15, growing by 0.3 million shares to a total of 23.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 23.31 million shares. There was a rise of 1.28%, which implies that there is a positive sentiment for the stock.

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