Talkspace Inc’s recent filing unveils that its Officer Warfield Curtis acquired Company’s shares for reported $0.34 million on Dec 17 ’24. In the deal valued at $3.27 per share,105,450 shares were bought.
Then, Margolin Gil bought 14,537 shares, generating $49,717 in total proceeds.
Before that, Margolin Gil bought 3,516 shares. Talkspace Inc shares valued at $11,954 were divested by the CTO at a price of $3.40 per share.
KeyBanc Capital Markets initiated its Talkspace Inc [TALK] rating to an Overweight in a research note published on December 09, 2024; the price target was $4.50. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in early December with a ‘”an Outperform”‘ rating. Northland Capital began covering TALK with “an Outperform” recommendation on November 20, 2024. Needham started covering the stock on July 01, 2024. It rated TALK as “a Hold”.
Price Performance Review of TALK
On Tuesday, Talkspace Inc [NASDAQ:TALK] saw its stock fall -2.08% to $2.83. Over the last five days, the stock has lost -13.19%. Talkspace Inc shares have fallen nearly -8.41% since the year began. Nevertheless, the stocks have risen 15.04% over the past one year. While a 52-week high of $3.92 was reached on 01/06/25, a 52-week low of $1.60 was recorded on 01/14/25. SMA at 50 days reached $3.23, while 200 days put it at $2.64.
Levels Of Support And Resistance For TALK Stock
The 24-hour chart illustrates a support level at 2.75, which if violated will result in even more drops to 2.67. On the upside, there is a resistance level at 2.93. A further resistance level may holdings at 3.02. The Relative Strength Index (RSI) on the 14-day chart is 35.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.29%. Stochastics %K at 11.66% indicates the stock is a buying.
How much short interest is there in Talkspace Inc?
A steep rise in short interest was recorded in Talkspace Inc stocks on 2024-12-31, growing by 1.12 million shares to a total of 5.63 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.51 million shares. There was a rise of 19.92%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 03, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $2.50 price target.
