HashiCorp, Inc. (NASDAQ:HCP – Get Free Report) CTO Armon Dadgar sold 17,800 shares of the business’s stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $34.23, for a total transaction of $609,294.00. Following the sale, the chief technology officer now owns 31,348 shares in the company, valued at $1,073,042.04. This represents a 36.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Armon Dadgar also recently made the following trade(s):
- On Monday, December 2nd, Armon Dadgar sold 35,903 shares of HashiCorp stock. The stock was sold at an average price of $33.58, for a total value of $1,205,622.74.
- On Friday, November 22nd, Armon Dadgar sold 35,903 shares of HashiCorp stock. The shares were sold at an average price of $33.90, for a total value of $1,217,111.70.
- On Monday, November 4th, Armon Dadgar sold 35,904 shares of HashiCorp stock. The stock was sold at an average price of $33.86, for a total transaction of $1,215,709.44.
- On Tuesday, October 22nd, Armon Dadgar sold 35,904 shares of HashiCorp stock. The shares were sold at an average price of $33.82, for a total transaction of $1,214,273.28.
- On Wednesday, October 2nd, Armon Dadgar sold 35,904 shares of HashiCorp stock. The shares were sold at an average price of $33.84, for a total transaction of $1,214,991.36.
HashiCorp Price Performance
HCP stock opened at $34.19 on Friday. The company has a 50-day moving average of $33.87 and a two-hundred day moving average of $33.77. The stock has a market capitalization of $6.99 billion, a price-to-earnings ratio of -56.05 and a beta of 1.21. HashiCorp, Inc. has a 52-week low of $20.89 and a 52-week high of $34.33.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on HashiCorp
Institutional Trading of HashiCorp
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Longfellow Investment Management Co. LLC acquired a new position in shares of HashiCorp during the third quarter worth approximately $38,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in HashiCorp during the 3rd quarter valued at $51,000. Quest Partners LLC boosted its holdings in HashiCorp by 9,736.1% in the 2nd quarter. Quest Partners LLC now owns 3,541 shares of the company’s stock valued at $119,000 after purchasing an additional 3,505 shares during the period. KBC Group NV grew its position in HashiCorp by 25.8% in the 3rd quarter. KBC Group NV now owns 3,563 shares of the company’s stock worth $121,000 after purchasing an additional 731 shares during the last quarter. Finally, Townsend Asset Management Corp NC ADV bought a new position in shares of HashiCorp during the 3rd quarter worth about $205,000. Institutional investors and hedge funds own 86.25% of the company’s stock.
About HashiCorp
HashiCorp, Inc engages in the provision of multi-cloud infrastructure automation solutions worldwide. The company offers infrastructure provisioning products, including Terraform, that enables IT operations teams to apply an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; Packer, that provides a consistent way to define the process of transforming the raw source inputs into a production worthy artifact, across any environment or packaging format; and Vagrant, that allows teams to define how development environments are set up.
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