Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hut 8 Corp shares valued at $147,186 were sold by Semah Victor on May 05 ’25. At $12.95 per share, Semah Victor sold 11,363 shares. The insider’s holdings dropped to 15,738 shares worth approximately $0.22 million following the completion of this transaction.
Also, Semah Victor purchased 11,363 shares, netting a total of over 147,186 in proceeds.
Before that, Flinn Joseph had sold 7,618 shares from its account. In a trade valued at $89,427, the Director traded Hut 8 Corp shares for $11.74 each. Upon closing the transaction, the insider’s holdings decreased to 7,618 shares, worth approximately $0.17 million.
As published in their initiating research note from Maxim Group on May 01, 2025, Hut 8 Corp [HUT] has been a Buy and the price target has been revised to $20. Analysts at Northland Capital started covering the stock with ‘”an Outperform”‘ outlook in a report released in late April. As of April 14, 2025, BTIG Research has initiated its “Buy” rating for HUT. Earlier on March 07, 2025, Rosenblatt initiated its rating. Their recommendation was “a Buy” for HUT stock.
Analyzing HUT Stock Performance
During the last five days, there has been a surge of approximately 4.89%. Over the course of the year, Hut 8 Corp shares have dropped approximately -30.84%. Shares of the company reached a 52-week high of $29.28 on 01/17/25 and a 52-week low of $10.04 on 04/04/25. A 50-day SMA is recorded $12.66, while a 200-day SMA reached $16.68.
Support And Resistance Levels for Hut 8 Corp (HUT)
According to the 24-hour chart, there is a support level at 13.06, which, if violated, would cause prices to drop to 11.95. In the upper region, resistance lies at 15.03. The next price resistance is at 15.89. RSI (Relative Strength Index) is 58.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.40, which suggests the price will decrease in the coming days. Percent R is at 14.63%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
