In a filing, Hubbell Inc revealed its Director CARDOSO CARLOS M unloaded Company’s shares for reported $0.15 million on May 21 ’25. In the deal valued at $386.29 per share,400 shares were sold. As a result of this transaction, CARDOSO CARLOS M now holds 1,727 shares worth roughly $0.68 million.
Then, CARDOSO CARLOS M bought 400 shares, generating $154,517 in total proceeds.
Before that, Bakker Gerben sold 7,723 shares. Hubbell Inc shares valued at $2,970,497 were divested by the Chairman, President & CEO at a price of $384.63 per share. As a result of the transaction, Bakker Gerben now holds 82,101 shares, worth roughly $32.12 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 fall -0.17% to $391.22. Over the last five days, the stock has gained 0.81%. Hubbell Inc shares have fallen nearly -6.61% since the year began. Nevertheless, the stocks have risen 1.61% 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.
Levels Of Support And Resistance For HUBB Stock
The 24-hour chart illustrates a support level at 388.84, which if violated will result in even more drops to 386.46. On the upside, there is a resistance level at 394.67. A further resistance level may holdings at 398.12.
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.
