Hubbell Inc’s recently made public that its Chairman, President & CEO Bakker Gerben unloaded Company’s shares for reported $2.97 million on May 14 ’25. In the deal valued at $384.63 per share,7,723 shares were sold. As a result of this transaction, Bakker Gerben now holds 82,101 shares worth roughly $32.2 million.
Then, Bakker Gerben bought 7,723 shares, generating $2,970,502 in total proceeds.
Before that, FLYNN ALYSSA R sold 1,164 shares. Hubbell Inc shares valued at $452,866 were divested by the Chief Human Resources Officer at a price of $389.06 per share. As a result of the transaction, FLYNN ALYSSA R now holds 4,327 shares, worth roughly $1.7 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 Friday, Hubbell Inc [NYSE:HUBB] saw its stock jump 1.44% to $392.22. Over the last five days, the stock has gained 9.95%. Hubbell Inc shares have fallen nearly -6.37% since the year began. Nevertheless, the stocks have fallen -2.20% 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 $347.47, while 200 days put it at $400.85.
Levels Of Support And Resistance For HUBB Stock
The 24-hour chart illustrates a support level at 386.65, which if violated will result in even more drops to 381.08. On the upside, there is a resistance level at 395.40. A further resistance level may holdings at 398.58. The Relative Strength Index (RSI) on the 14-day chart is 68.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 22.69, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.52%. Stochastics %K at 94.22% indicates the stock is a selling.
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.
