Meitav Dash Investments Ltd. acquired a new stake in Talkspace, Inc. (OTCMKTS:TALK – Get Rating) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,798,295 shares of the company’s stock, valued at approximately $3,075,000. Meitav Dash Investments Ltd. owned 1.17% of Talkspace as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in TALK. Russell Investments Group Ltd. purchased a new stake in Talkspace during the fourth quarter worth about $749,000. Qube Research & Technologies Ltd acquired a new stake in shares of Talkspace in the 4th quarter worth approximately $71,000. Boston Partners purchased a new position in Talkspace in the 4th quarter valued at approximately $243,000. Principal Financial Group Inc. acquired a new position in Talkspace during the fourth quarter worth $36,000. Finally, Sender Co & Partners Inc. purchased a new stake in Talkspace during the fourth quarter worth $160,000. Hedge funds and other institutional investors own 49.49% of the company’s stock.
Talkspace Price Performance
Shares of TALK opened at $1.92 on Friday. Talkspace, Inc. has a 1-year low of $1.03 and a 1-year high of $5.99. The stock has a market cap of $297.83 million, a price-to-earnings ratio of -1.36 and a beta of 0.67. The firm has a 50 day simple moving average of $1.69 and a 200-day simple moving average of $1.55.
Talkspace Company Profile
Talkspace, Inc operates as a virtual behavior healthcare company. It delivers healthcare through encrypted web and mobile platform. The company offers treatment options for every need, including psychiatry or adolescent, individual, or couples therapy. The members can send text, video, and voice messages to their therapists and engage in live video sessions.
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