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

Hub Cyber Security Ltd. (NASDAQ:HUBC) major shareholder Financial Lp Hrt sold 143,772 shares of the business’s stock in a transaction that occurred 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 through the SEC website. Major shareholders that own 10% or more 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 Friday, June 5th, Financial Lp Hrt purchased 341,196 shares of Hub Cyber Security stock. The stock was purchased at an average cost 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 bought 904,252 shares of Hub Cyber Security stock. The stock was bought 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 value of $453,178.80.
• On Monday, June 1st, Financial Lp Hrt bought 30,996 shares of Hub Cyber Security stock. The stock was bought at an average price of $1.00 per share, with a total value of $30,996.00.
• On Thursday, May 28th, Financial Lp Hrt bought 29,955 shares of Hub Cyber Security stock. The stock was bought 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 stock was sold at an average price of $9.00, for a total value of $106,686.00.

Hub Cyber Security Trading Down 14.2%

Shares of HUBC stock opened at $1.51 on Wednesday. Hub Cyber Security Ltd. has a 12 month low of $1.14 and a 12 month high of $66,450.00. The stock has a 50 day moving average of $47.80 and a 200-day moving average of $3,297.02.

Institutional Trading of Hub Cyber Security

Large investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. bought a new stake in shares of Hub Cyber Security during the first quarter worth $65,000. Bank of America Corp DE bought a new stake in shares of Hub Cyber Security during the second quarter worth $266,000. Cresset Asset Management LLC acquired a new position in shares of Hub Cyber Security during the third quarter valued at $133,000. Finally, HRT Financial LP acquired a new position in shares of Hub Cyber Security during the fourth quarter valued at $28,000. 4.70% of the stock is currently owned by institutional investors.

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 equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Hub Cyber Security has a consensus 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.