Financial Lp Hrt Sells 143,772 Shares of Hub Cyber Security (NASDAQ:HUBC) Stock

Hub Cyber Security Ltd. (NASDAQ:HUBC) major shareholder Financial Lp Hrt sold 143,772 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $2.04, for a total value of $293,294.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Friday, June 5th, Financial Lp Hrt purchased 341,196 shares of Hub Cyber Security stock. The stock was purchased at an average price of $0.21 per share, with a total value of $71,651.16.
• On Thursday, June 4th, Financial Lp Hrt sold 33,730 shares of Hub Cyber Security stock. The shares were sold at an average price of $5.00, for a total value of $168,650.00.
• On Wednesday, June 3rd, Financial Lp Hrt purchased 904,252 shares of Hub Cyber Security stock. The stock was purchased 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 shares were sold at an average price of $0.72, for a total value of $453,178.80.
• On Monday, June 1st, Financial Lp Hrt purchased 30,996 shares of Hub Cyber Security stock. The stock was purchased at an average price of $1.00 per share, with a total value of $30,996.00.
• On Thursday, May 28th, Financial Lp Hrt purchased 29,955 shares of Hub Cyber Security stock. The stock was purchased at an average price of $2.40 per share, with a total value of $71,892.00.
• On Friday, May 29th, Financial Lp Hrt sold 11,854 shares of Hub Cyber Security stock. The shares were sold at an average price of $9.00, for a total value of $106,686.00.

Hub Cyber Security Stock Down 14.2%

Shares of HUBC traded down $0.25 during trading hours on Tuesday, reaching $1.51. The stock had a trading volume of 3,516,750 shares, compared to its average volume of 1,812,395. Hub Cyber Security Ltd. has a 12 month low of $1.14 and a 12 month high of $66,450.00. The company’s 50-day moving average is $50.40 and its two-hundred day moving average is $3,402.65.

Institutional Investors Weigh In On Hub Cyber Security

Institutional investors and hedge funds have recently made changes to their positions in the business. Cresset Asset Management LLC bought a new stake in shares of Hub Cyber Security during the 3rd quarter valued at about $133,000. Bank of America Corp DE bought a new stake in shares of Hub Cyber Security during the 2nd quarter valued at about $266,000. Goldman Sachs Group Inc. bought a new stake in shares of Hub Cyber Security during the 1st quarter valued at about $65,000. Finally, HRT Financial LP bought a new stake in shares of Hub Cyber Security during the 4th quarter valued at about $28,000. Institutional investors own 4.70% of the company’s stock.

Wall Street Analyst Weigh In

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

Hub Cyber Security Company Profile

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.