In a filing, Hudson Pacific Properties Inc revealed its Chief Executive Officer COLEMAN VICTOR J acquired Company’s shares for reported $0.14 million on Dec 18 ’24. In the deal valued at $2.87 per share,50,000 shares were bought. As a result of this transaction, COLEMAN VICTOR J now holds 487,451 shares worth roughly $1.6 million.
Then, COLEMAN VICTOR J bought 50,000 shares, generating $176,500 in total proceeds. Upon buying the shares at $3.53, the Chief Executive Officer now owns 437,451 shares.
Before that, Andrew Wattula bought 9,356 shares. Hudson Pacific Properties Inc shares valued at $49,400 were divested by the Officer at a price of $5.28 per share.
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 Friday, Hudson Pacific Properties Inc [NYSE:HPP] saw its stock fall -0.30% to $3.28. Over the last five days, the stock has gained 9.33%. Hudson Pacific Properties Inc shares have risen nearly 8.25% since the year began. Nevertheless, the stocks have fallen -49.24% over the past one year. While a 52-week high of $7.16 was reached on 01/21/25, a 52-week low of $2.39 was recorded on 01/13/25. SMA at 50 days reached $2.99, while 200 days put it at $4.30.
Levels Of Support And Resistance For HPP Stock
The 24-hour chart illustrates a support level at 3.21, which if violated will result in even more drops to 3.13. On the upside, there is a resistance level at 3.34. A further resistance level may holdings at 3.39. The Relative Strength Index (RSI) on the 14-day chart is 58.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.17%. Stochastics %K at 81.21% indicates the stock is a selling.
