Hubbell Inc’s recent filing unveils that its Chief Human Resources Officer FLYNN ALYSSA R unloaded Company’s shares for reported $0.45 million on Feb 20 ’25. In the deal valued at $389.06 per share,1,164 shares were sold. As a result of this transaction, FLYNN ALYSSA R now holds 4,327 shares worth roughly $1.37 million.
Then, FLYNN ALYSSA R bought 1,164 shares, generating $452,872 in total proceeds.
Before that, Malloy John F bought 461 shares. Hubbell Inc shares valued at $206,049 were divested by the Director at a price of $446.96 per share. As a result of the transaction, Malloy John F now holds 18,628 shares, worth roughly $5.91 million.
Deutsche Bank downgraded its Hubbell Inc [HUBB] rating to a Hold from a a Buy in a research note published on November 26, 2024; the price target was decreased to $473 from $493. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in early November with a ‘”an Outperform”‘ rating. JP Morgan also remained covering HUBB and has decreased its forecast on October 10, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Deutsche Bank revised its rating on September 06, 2024. It rated HUBB as “a Buy” which previously was an “a Hold”.
Price Performance Review of HUBB
On Tuesday, Hubbell Inc [NYSE:HUBB] saw its stock jump 0.19% to $317.50. Over the last five days, the stock has lost -4.61%. Hubbell Inc shares have fallen nearly -24.20% since the year began. Nevertheless, the stocks have fallen -23.88% over the past one year. While a 52-week high of $481.35 was reached on 01/22/25, a 52-week low of $299.42 was recorded on 04/04/25. SMA at 50 days reached $364.40, while 200 days put it at $402.94.
Levels Of Support And Resistance For HUBB Stock
The 24-hour chart illustrates a support level at 309.73, which if violated will result in even more drops to 301.96. On the upside, there is a resistance level at 328.46. A further resistance level may holdings at 339.41. The Relative Strength Index (RSI) on the 14-day chart is 33.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -17.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.67%. Stochastics %K at 31.04% indicates the stock is a holding.
How much short interest is there in Hubbell Inc?
A steep rise in short interest was recorded in Hubbell Inc stocks on 2025-03-14, growing by 0.23 million shares to a total of 2.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.04 million shares. There was a rise of 10.02%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 06, 2024 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $407 price target.
