Hub Cyber Security (NASDAQ:HUBC) Major Shareholder Purchases $71,651.16 in Stock

Hub Cyber Security Ltd. (NASDAQ:HUBC) major shareholder Financial Lp Hrt bought 341,196 shares of Hub Cyber Security stock in a transaction on Friday, June 5th. The shares were purchased at an average cost of $0.21 per share, with a total value of $71,651.16. Following the completion of the purchase, the insider directly owned 595,325 shares in the company, valued at $125,018.25. This trade represents a 134.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Major shareholders that own at least 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 Monday, June 8th, Financial Lp Hrt sold 143,772 shares of Hub Cyber Security stock. The shares were sold at an average price of $2.04, for a total transaction of $293,294.88.
• 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 transaction of $168,650.00.
• On Wednesday, June 3rd, Financial Lp Hrt bought 904,252 shares of Hub Cyber Security stock. The shares were purchased at an average cost 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 transaction of $453,178.80.
• On Monday, June 1st, Financial Lp Hrt bought 30,996 shares of Hub Cyber Security stock. The shares were purchased at an average cost 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 shares were purchased at an average cost 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 transaction of $106,686.00.

Hub Cyber Security Price Performance

Hub Cyber Security stock opened at $1.45 on Thursday. The firm has a 50-day moving average price of $45.41 and a two-hundred day moving average price of $3,199.32. Hub Cyber Security Ltd. has a 52-week low of $1.14 and a 52-week high of $66,450.00.

Institutional Trading of Hub Cyber Security

A number of institutional investors have recently made changes to their positions in HUBC. HRT Financial LP acquired a new stake in shares of Hub Cyber Security in the 4th quarter worth approximately $28,000. Goldman Sachs Group Inc. acquired a new stake in shares of Hub Cyber Security in the 1st quarter worth approximately $65,000. Cresset Asset Management LLC acquired a new stake in shares of Hub Cyber Security in the 3rd quarter worth approximately $133,000. Finally, Bank of America Corp DE acquired a new stake in shares of Hub Cyber Security in the 2nd quarter worth approximately $266,000. 4.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of 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.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.