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 purchased by CARDOSO CARLOS M on May 21 ’25. At $386.29 per share, CARDOSO CARLOS M acquired 400 shares.
Also, Bakker Gerben sold 7,723 shares, netting a total of over 2,970,497 in proceeds. Following the sale of shares at $384.63 each, the insider now holds 82,101 shares.
Before that, Bakker Gerben had added 7,723 shares to its account. In a trade valued at $2,970,502, the Officer bought Hubbell Inc shares for $384.63 each.
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 0.71%. Over the course of the year, Hubbell Inc shares have dropped approximately -7.04%. 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 379.77, which, if violated, would cause prices to drop to 370.14. In the upper region, resistance lies at 396.01. The next price resistance is at 402.62. RSI (Relative Strength Index) is 63.62 on the 14-day chart, showing neutral technical sentiment.
