Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Hubbell Inc shares valued at $154,517 were sold by CARDOSO CARLOS M on May 21 ’25. At $386.29 per share, CARDOSO CARLOS M sold 400 shares. The insider’s holdings dropped to 1,727 shares worth approximately $0.69 million following the completion of this transaction.
Also, CARDOSO CARLOS M purchased 400 shares, netting a total of over 154,517 in proceeds.
Before that, Bakker Gerben had sold 7,723 shares from its account. In a trade valued at $2,970,497, the Chairman, President & CEO traded Hubbell Inc shares for $384.63 each. Upon closing the transaction, the insider’s holdings decreased to 7,723 shares, worth approximately $32.59 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 3.94%. Over the course of the year, Hubbell Inc shares have dropped approximately -5.24%. Shares of the company reached a 52-week high of $477.40 on 01/22/25 and a 52-week low of $299.42 on 04/04/25.
Support And Resistance Levels for Hubbell Inc (HUBB)
According to the 24-hour chart, there is a support level at 394.76, which, if violated, would cause prices to drop to 392.58. In the upper region, resistance lies at 399.49. The next price resistance is at 402.03. RSI (Relative Strength Index) is 65.48 on the 14-day chart, showing neutral technical sentiment.
