Hudson Pacific Properties Inc’s recent filing unveils that 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 $1.34 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.
Wells Fargo upgraded its Hudson Pacific Properties Inc [HPP] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Hold”. Wolfe Research also remained covering HPP and has decreased its forecast on August 14, 2024 with a “Peer perform” recommendation from previously “an Outperform” rating. Piper Sandler revised its rating on August 08, 2024. It rated HPP as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of HPP
On Friday, Hudson Pacific Properties Inc [NYSE:HPP] saw its stock jump 3.77% to $2.75. Over the last five days, the stock has lost -12.70%. Hudson Pacific Properties Inc shares have fallen nearly -9.24% since the year began. Nevertheless, the stocks have fallen -57.96% over the past one year. While a 52-week high of $6.80 was reached on 01/21/25, a 52-week low of $2.39 was recorded on 01/13/25. SMA at 50 days reached $3.00, while 200 days put it at $4.18.
Levels Of Support And Resistance For HPP Stock
The 24-hour chart illustrates a support level at 2.66, which if violated will result in even more drops to 2.56. On the upside, there is a resistance level at 2.84. A further resistance level may holdings at 2.92. The Relative Strength Index (RSI) on the 14-day chart is 41.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.43%. Stochastics %K at 9.17% indicates the stock is a buying.
How much short interest is there in Hudson Pacific Properties Inc?
A steep rise in short interest was recorded in Hudson Pacific Properties Inc stocks on 2025-02-28, growing by 0.73 million shares to a total of 20.37 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 19.65 million shares. There was a rise of 3.56%, which implies that there is a positive sentiment for the stock.
