Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hubbell Inc shares valued at $452,866 were sold by FLYNN ALYSSA R on Feb 20 ’25. At $389.06 per share, FLYNN ALYSSA R sold 1,164 shares. The insider’s holdings dropped to 4,327 shares worth approximately $1.47 million following the completion of this transaction.
Also, FLYNN ALYSSA R purchased 1,164 shares, netting a total of over 452,872 in proceeds.
Before that, Malloy John F had added 461 shares to its account. In a trade valued at $206,049, the Director bought Hubbell Inc shares for $446.96 each. Upon closing the transaction, the insider’s holdings increased to 461 shares, worth approximately $6.32 million.
As published in a research note from Deutsche Bank on November 26, 2024, Hubbell Inc [HUBB] has been rated down from a Buy to a Hold and the price target has been revised to $473 from $493. Analysts at Bernstein started covering the stock with ‘”an Outperform”‘ outlook in a report released in early November. As of October 10, 2024, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for HUBB. Earlier on September 06, 2024, Deutsche Bank upgraded its rating. Their new recommendation was “a Buy” for HUBB stock which previously was a “a Hold”.
Analyzing HUBB Stock Performance
During the last five days, there has been a surge of approximately 2.22%. Over the course of the year, Hubbell Inc shares have dropped approximately -19.03%. Shares of the company reached a 52-week high of $477.40 on 01/22/25 and a 52-week low of $330.32 on 03/13/25. A 50-day SMA is recorded $390.99, while a 200-day SMA reached $405.75.
Support And Resistance Levels for Hubbell Inc (HUBB)
According to the 24-hour chart, there is a support level at 334.43, which, if violated, would cause prices to drop to 329.68. In the upper region, resistance lies at 343.44. The next price resistance is at 347.69. RSI (Relative Strength Index) is 35.96 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.21, which suggests the price will decrease in the coming days. Percent R is at 79.80%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
