2 weeks Ago By ABMN Staff
Clearline Capital LP decreased its holdings in shares of Talkspace, Inc. ( NASDAQ:TALK – Free Report ) by 5.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission.
The fund owned 974,762 shares of the company’s stock after selling 50,947 shares during the quarter. Clearline Capital LP owned about 0.57% of Talkspace worth $2,242,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Fifth Lane Capital LP purchased a new position in Talkspace during the first quarter worth about $55,000. Principal Financial Group Inc.
purchased a new position in shares of Talkspace during the 2nd quarter worth about $38,000. Virtu Financial LLC purchased a new position in shares of Talkspace during the 1st quarter worth about $74,000. Counterpoint Mutual Funds LLC acquired a new stake in shares of Talkspace in the first quarter worth approximately $132,000.
Finally, The Manufacturers Life Insurance Company purchased a new stake in Talkspace in the second quarter valued at approximately $113,000. Hedge funds and other institutional investors own 57.37% of the company’s stock.
Insider Transactions at Talkspace In other Talkspace news, CFO Ian Jiro Harris bought 19,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 17th. The stock was purchased at an average price of $2.20 per share, with a total value of $42,900.
00. Following the transaction, the chief financial officer now owns 347,057 shares in the company, valued at $763,525.40.
The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink . Company insiders own 18.40% of the company’s stock.
Analyst Upgrades and Downgrades View Our Latest Stock Report on Talkspace Talkspace Trading Up 2.0 % TALK stock opened at $2.03 on Friday.
The company has a market cap of $344.46 million, a PE ratio of -25.38 and a beta of 1.
21. The stock has a 50-day moving average price of $1.89 and a two-hundred day moving average price of $2.
50. Talkspace, Inc. has a 12-month low of $1.
41 and a 12-month high of $3.92. Talkspace Profile ( Free Report ) Talkspace, Inc operates as a virtual behavioral healthcare company in the United States.
The company offers psychotherapy and psychiatry services through its platform to individuals, enterprises, and health plans and employee assistance programs. It provides text, audio, and video-based psychotherapy from licensed therapists. Further Reading Want to see what other hedge funds are holding TALK? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Talkspace, Inc. ( NASDAQ:TALK – Free Report ). Receive News & Ratings for Talkspace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talkspace and related companies with MarketBeat.
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