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 that occurred on Monday, June 8th. The shares were sold at an average price of $2.04, for a total transaction of $293,294.88. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own more than 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 Friday, June 5th, Financial Lp Hrt purchased 341,196 shares of Hub Cyber Security stock. The shares were purchased at an average price of $0.21 per share, for a total transaction 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 transaction of $168,650.00.
• On Wednesday, June 3rd, Financial Lp Hrt purchased 904,252 shares of Hub Cyber Security stock. The shares were purchased at an average price of $0.66 per share, for a total transaction 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 purchased 30,996 shares of Hub Cyber Security stock. The shares were purchased at an average price of $1.00 per share, for a total transaction of $30,996.00.
• On Thursday, May 28th, Financial Lp Hrt purchased 29,955 shares of Hub Cyber Security stock. The shares were purchased at an average price of $2.40 per share, for a total transaction 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 Trading Down 4.0%

NASDAQ:HUBC opened at $1.45 on Thursday. The company’s 50 day moving average price is $45.41 and its 200-day moving average price is $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 Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HUBC. Bank of America Corp DE bought a new position in Hub Cyber Security during the second quarter valued at approximately $266,000. HRT Financial LP bought a new position in shares of Hub Cyber Security in the 4th quarter worth approximately $28,000. Cresset Asset Management LLC bought a new position in shares of Hub Cyber Security in the 3rd quarter worth approximately $133,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of Hub Cyber Security in the 1st quarter worth approximately $65,000. Institutional investors own 4.70% of the company’s stock.

Wall Street Analyst Weigh In

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

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.