KD Logo

Investing in Hudson Pacific Properties Inc (HPP) Is Getting More Attractive

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.

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

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 $12512.81.

Jefferies downgraded its Hudson Pacific Properties Inc [HPP] rating to a Hold from a a Buy in a research note published on November 12, 2024; the price target was decreased to $5 from $5.50. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in mid August from “an Outperform” to “a Peer perform”. Piper Sandler also remained covering HPP and has decreased its forecast on August 08, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. BMO Capital Markets revised its rating on August 08, 2024. It rated HPP as “a Market perform” which previously was an “an Outperform”.

Price Performance Review of HPP

On Monday, Hudson Pacific Properties Inc [NYSE:HPP] saw its stock fall -8.42% to $3.37. Over the last five days, the stock has lost -24.10%. Hudson Pacific Properties Inc shares have fallen nearly -63.80% since the year began. Nevertheless, the stocks have fallen -37.71% over the past one year. While a 52-week high of $9.85 was reached on 01/02/24, a 52-week low of $3.66 was recorded on 11/18/24. SMA at 50 days reached $4.57, while 200 days put it at $5.40.

Levels Of Support And Resistance For HPP Stock

The 24-hour chart illustrates a support level at 3.24, which if violated will result in even more drops to 3.11. On the upside, there is a resistance level at 3.60. A further resistance level may holdings at 3.83. The Relative Strength Index (RSI) on the 14-day chart is 28.01, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.74%. Stochastics %K at 3.21% indicates the stock is a buying.

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 2024-10-31, dropping by -0.35 million shares to a total of 22.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 23.14 million shares. There was a decline of -1.56%, which implies that there is a negative sentiment for the stock.

Most Popular