Talkspace Inc’s filing revealed that its Chief Technology Officer Margolin Gil unloaded Company’s shares for reported $0.42 million on Nov 20 ’24. In the deal valued at $3.10 per share,134,654 shares were sold. As a result of this transaction, Margolin Gil now holds 288,117 shares worth roughly $0.99 million.
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Then, Margolin Gil bought 186,801 shares, generating $576,511 in total proceeds.
Before that, Harris Ian Jiro bought 27,500 shares. Talkspace Inc shares valued at $56,925 were divested by the Chief Financial Officer at a price of $2.07 per share. As a result of the transaction, Harris Ian Jiro now holds 374,557 shares, worth roughly $1.28 million.
Northland Capital initiated its Talkspace Inc [TALK] rating to an Outperform in a research note published on November 20, 2024; the price target was $5. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in early July with a ‘”a Hold”‘ rating. Barclays began covering TALK with “an Equal weight” recommendation on January 03, 2024. Jefferies started covering the stock on December 02, 2021. It rated TALK as “a Hold”.
Price Performance Review of TALK
On Friday, Talkspace Inc [NASDAQ:TALK] saw its stock fall -1.44% to $3.42. Over the last five days, the stock has gained 3.32%. Talkspace Inc shares have risen nearly 34.65% since the year began. Nevertheless, the stocks have risen 69.31% over the past one year. While a 52-week high of $3.92 was reached on 04/09/24, a 52-week low of $1.60 was recorded on 08/07/24. SMA at 50 days reached $2.81, while 200 days put it at $2.62.
Levels Of Support And Resistance For TALK Stock
The 24-hour chart illustrates a support level at 3.37, which if violated will result in even more drops to 3.31. On the upside, there is a resistance level at 3.53. A further resistance level may holdings at 3.63. The Relative Strength Index (RSI) on the 14-day chart is 61.78, 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 bullish at 24.73%. Stochastics %K at 80.12% indicates the stock is a selling.
How much short interest is there in Talkspace Inc?
A steep rise in short interest was recorded in Talkspace Inc stocks on 2024-11-15, dropping by -2.01 million shares to a total of 4.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 6.39 million shares. There was a decline of -45.8%, which implies that there is a negative sentiment for the stock.
