Hub Cyber Security Ltd. (NASDAQ:HUBC – Get Free Report) major shareholder Financial Lp Hrt sold 674,601 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $0.25, for a total transaction of $168,650.25. Following the completion of the sale, the insider owned 254,129 shares of the company’s stock, valued at $63,532.25. This represents a 72.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Financial Lp Hrt also recently made the following trade(s):
- On Wednesday, June 3rd, Financial Lp Hrt acquired 904,252 shares of Hub Cyber Security stock. The stock was acquired at an average price of $0.66 per share, with a total value of $596,806.32.
- 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 transaction of $453,178.80.
- On Monday, June 1st, Financial Lp Hrt acquired 619,931 shares of Hub Cyber Security stock. The stock was acquired at an average price of $0.05 per share, with a total value of $30,996.55.
- On Thursday, May 28th, Financial Lp Hrt acquired 599,115 shares of Hub Cyber Security stock. The stock was acquired 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 stock was sold at an average price of $0.45, for a total transaction of $106,688.25.
Hub Cyber Security Trading Up 8.9%
NASDAQ:HUBC traded up $0.02 during trading hours on Friday, reaching $0.22. The company’s stock had a trading volume of 56,831,443 shares, compared to its average volume of 34,786,215. Hub Cyber Security Ltd. has a one year low of $0.10 and a one year high of $3,322.50. The business’s 50-day moving average is $2.88 and its 200-day moving average is $182.07.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of Hub Cyber Security to a “hold” rating in a report on Saturday, April 25th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.
View Our Latest Stock Analysis on Hub Cyber Security
Institutional Investors Weigh In On Hub Cyber Security
A number of hedge funds have recently bought and sold shares of HUBC. Goldman Sachs Group Inc. bought a new stake in Hub Cyber Security during the first quarter valued at about $65,000. Bank of America Corp DE acquired a new position in shares of Hub Cyber Security during the second quarter valued at about $266,000. Cresset Asset Management LLC acquired a new position in shares of Hub Cyber Security during the third quarter valued at about $133,000. Finally, HRT Financial LP acquired a new position in shares of Hub Cyber Security during the fourth quarter valued at about $28,000. 4.70% of the stock is currently owned by institutional investors.
About Hub Cyber Security
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.
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