Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Talkspace Inc shares valued at $53,663 were sold by Margolin Gil on Mar 10 ’25. At $2.77 per share, Margolin Gil sold 19,373 shares. The insider’s holdings dropped to 293,941 shares worth approximately $0.83 million following the completion of this transaction.
Also, Harris Ian Jiro purchased 13,797 shares, netting a total of over 37,528 in proceeds. Following the buying of shares at $2.72 each, the insider now holds 609,081 shares.
Before that, Harris Ian Jiro had added 11,113 shares to its account. In a trade valued at $31,894, the Chief Financial Officer bought Talkspace Inc shares for $2.87 each. Upon closing the transaction, the insider’s holdings increased to 11,113 shares, worth approximately $1.69 million.
As published in their initiating research note from KeyBanc Capital Markets on December 09, 2024, Talkspace Inc [TALK] has been an Overweight and the price target has been revised to $4.50. Analysts at Mizuho started covering the stock with ‘”an Outperform”‘ outlook in a report released in early December. As of November 20, 2024, Northland Capital has initiated its “an Outperform” rating for TALK. Earlier on July 01, 2024, Needham initiated its rating. Their recommendation was “a Hold” for TALK stock.
Analyzing TALK Stock Performance
During the last five days, there has been a surge of approximately 2.90%. Over the course of the year, Talkspace Inc shares have dropped approximately -8.09%. Shares of the company reached a 52-week high of $4.36 on 02/18/25 and a 52-week low of $2.67 on 03/10/25. A 50-day SMA is recorded $3.21, while a 200-day SMA reached $2.66.
Support And Resistance Levels for Talkspace Inc (TALK)
According to the 24-hour chart, there is a support level at 2.78, which, if violated, would cause prices to drop to 2.71. In the upper region, resistance lies at 2.91. The next price resistance is at 2.98. RSI (Relative Strength Index) is 41.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.07, which suggests the price will decrease in the coming days. Percent R is at 76.06%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
