HashiCorp Inc’s filing revealed that its CHIEF TECHNOLOGY OFFICER Dadgar Armon unloaded Company’s shares for reported $0.61 million on Dec 24 ’24. In the deal valued at $34.23 per share,17,800 shares were sold. As a result of this transaction, Dadgar Armon now holds 31,348 shares worth roughly $ 1.08 million.
Then, Armon Memaran-Dadgar bought 17,800 shares, generating $609,472 in total proceeds.
Before that, McJannet David sold 47,526 shares. HashiCorp Inc shares valued at $1,626,340 were divested by the CEO and Chairman at a price of $34.22 per share. As a result of the transaction, McJannet David now holds 465,978 shares, worth roughly $16.02 million.
A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in late April from “a Buy” to “a Neutral”. KeyBanc Capital Markets began covering HCP with “Sector weight” recommendation on March 19, 2024. Scotiabank revised its rating on March 12, 2024. It rated HCP as “a Sector outperform” which previously was an “a Sector perform”.
Price Performance Review of HCP
On Tuesday, HashiCorp Inc [NASDAQ:HCP] saw its stock fall -0.06% to $34.37. Over the last five days, the stock has gained 0.47%. HashiCorp Inc shares have risen nearly 0.47% since the year began. Nevertheless, the stocks have risen 41.91% over the past one year. While a 52-week high of $34.47 was reached on 01/15/25, a 52-week low of $21.50 was recorded on 02/07/25. SMA at 50 days reached $34.14, while 200 days put it at $33.77.
Levels Of Support And Resistance For HCP Stock
The 24-hour chart illustrates a support level at 34.27, which if violated will result in even more drops to 34.16. On the upside, there is a resistance level at 34.44. A further resistance level may holdings at 34.50. The Relative Strength Index (RSI) on the 14-day chart is 58.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.74%. Stochastics %K at 93.85% indicates the stock is a selling.
