1 week Ago By ABMN Staff
Pictet Asset Management Holding SA increased its holdings in shares of HashiCorp, Inc. ( NASDAQ:HCP – Free Report ) by 12.2% during the 4th quarter, Holdings Channel.
com reports. The fund owned 20,844 shares of the company’s stock after buying an additional 2,260 shares during the period. Pictet Asset Management Holding SA’s holdings in HashiCorp were worth $713,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently bought and sold shares of the business. State Street Corp raised its position in shares of HashiCorp by 14.5% during the 3rd quarter.
State Street Corp now owns 2,239,850 shares of the company’s stock worth $75,841,000 after purchasing an additional 282,965 shares during the period. Syquant Capital Sas bought a new position in HashiCorp during the 4th quarter worth $18,554,000. Geode Capital Management LLC increased its position in HashiCorp by 18.
0% in the third quarter. Geode Capital Management LLC now owns 2,522,002 shares of the company’s stock worth $85,417,000 after buying an additional 385,118 shares during the period. Perigon Wealth Management LLC lifted its stake in HashiCorp by 42.
7% in the fourth quarter. Perigon Wealth Management LLC now owns 240,982 shares of the company’s stock valued at $8,268,000 after buying an additional 72,088 shares during the last quarter. Finally, Principal Financial Group Inc.
grew its position in shares of HashiCorp by 41.9% during the third quarter. Principal Financial Group Inc.
now owns 11,516 shares of the company’s stock worth $390,000 after acquiring an additional 3,399 shares during the last quarter. Institutional investors own 86.25% of the company’s stock.
Analyst Upgrades and Downgrades A number of research analysts have issued reports on HCP shares. StockNews.com started coverage on shares of HashiCorp in a research note on Monday.
They set a “hold” rating for the company. JMP Securities reiterated a “market perform” rating on shares of HashiCorp in a research report on Monday, December 16th. Ten investment analysts have rated the stock with a hold rating, According to data from MarketBeat.
com, the stock currently has an average rating of “Hold” and an average target price of $34.40. HashiCorp Stock Performance HashiCorp stock opened at $34.
78 on Tuesday. HashiCorp, Inc. has a 52 week low of $23.
00 and a 52 week high of $34.85. The stock has a market cap of $7.
11 billion, a price-to-earnings ratio of -57.02 and a beta of 1.18.
The company’s 50-day moving average price is $34.58 and its two-hundred day moving average price is $34.18.
HashiCorp Profile ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding HCP? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for HashiCorp, Inc. ( NASDAQ:HCP – Free Report ). Receive News & Ratings for HashiCorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HashiCorp and related companies with MarketBeat.
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