Financial Lp Hrt Buys 619,931 Shares of Hub Cyber Security (NASDAQ:HUBC) Stock

Hub Cyber Security Ltd. (NASDAQ:HUBCGet Free Report) major shareholder Financial Lp Hrt acquired 619,931 shares of the company’s stock in a transaction on Monday, June 1st. The shares were bought at an average price of $0.05 per share, with a total value of $30,996.55. Following the completion of the purchase, the insider directly owned 653,893 shares of the company’s stock, valued at approximately $32,694.65. This represents a 1,825.37% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

  • On Tuesday, June 2nd, Financial Lp Hrt sold 629,415 shares of Hub Cyber Security stock. The stock was sold at an average price of $0.72, for a total value of $453,178.80.
  • On Thursday, May 28th, Financial Lp Hrt acquired 599,115 shares of Hub Cyber Security stock. The shares were bought at an average price of $0.12 per share, with a total value of $71,893.80.
  • On Friday, May 29th, Financial Lp Hrt sold 237,085 shares of Hub Cyber Security stock. The shares were sold at an average price of $0.45, for a total value of $106,688.25.

Hub Cyber Security Stock Performance

Shares of NASDAQ:HUBC traded up $0.13 during midday trading on Wednesday, reaching $0.61. The company’s stock had a trading volume of 199,554,447 shares, compared to its average volume of 32,728,209. Hub Cyber Security Ltd. has a fifty-two week low of $0.10 and a fifty-two week high of $3,322.50. The business’s fifty day simple moving average is $3.46 and its 200-day simple moving average is $201.39.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Hub Cyber Security to a “hold” rating in a research note on Saturday, April 25th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Hub Cyber Security has an average rating of “Sell”.

Read Our Latest Research Report on HUBC

Institutional Trading of Hub Cyber Security

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE acquired a new stake in Hub Cyber Security in the second quarter worth about $266,000. HRT Financial LP acquired a new stake in Hub Cyber Security in the fourth quarter worth about $28,000. Cresset Asset Management LLC acquired a new stake in Hub Cyber Security in the third quarter worth about $133,000. Finally, Goldman Sachs Group Inc. acquired a new stake in Hub Cyber Security in the first quarter worth about $65,000. 4.70% of the stock is currently owned by institutional investors and hedge funds.

Hub Cyber Security Company Profile

(Get Free Report)

HUB Cyber Security Ltd. provides cyber security solutions in Israel and internationally. The company offers HUB Secure File Vault, a super charged managed file transfer backed by dedicated hardware driven security, which creates a secure enclave to protect the organization's data driven workflows; HUB Guard, a recurring security assessment, continuous network, and infrastructure monitoring and analysis, and planned incident response; D.Storm, a powerful SaaS DDoS simulation platform; RAM Commander, a software tool for reliability prediction and analysis, reliability block diagram, Markov chains analysis, maintainability prediction, spares optimization, FMEA/FMECA, testability, fault tree analysis, event tree analysis, and safety assessment; and Safety Commander designs to evaluate the safety of highly integrated systems in a model-based design environment.

Featured Stories

Receive News & Ratings for Hub Cyber Security Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hub Cyber Security and related companies with MarketBeat.com's FREE daily email newsletter.