Investors’ Patience Is Being Tested Right Now By HashiCorp Inc (NASDAQ: HCP)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that HashiCorp to announce fourth quarter and fiscal year 2024 financial results Mar. 5, 2024.

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Stocks Info

This NASDAQ-listed company operates within the Software – Infrastructure industry segment, falling under the Technology sector. The current market capitalization of HashiCorp Inc is $4.84B. A total of 2.18 million shares were traded on the day, compared to an average of 0.85 shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, HCP has seen 1 BUY and 4 SELL insider trades, representing the acquisition of 2,500 and the disposition of 86,116 shares. Over the last 12 months, there were 96 BUYs and 99 SELLs from insiders. Insiders purchased 15,190,640 shares during that period but sold 14,999,392.

In the most recent transaction, Dadgar Armon sold 35,904 shares of HCP for 23.02 per share on Feb 02. After the transaction, the Chief Technology Officer now owns 1,804,780 company shares. In a previous transaction on Jan 22, Dadgar Armon sold 35,904 shares at 21.94 per share. HCP shares that Chief Technology Officer owns now total 1,840,684.

Among the insiders who sold shares, Welihinda Navam disposed of 2,500 shares on Jan 22 at a per-share price of $21.95. This resulted in the Chief Financial Officer holding 62,844 shares of HCP after the transaction. In another insider transaction, Holmes Marc sold 13,916 shares at $22.78 per share on Jan 10. Company shares held by the Chief Marketing Officer now total 0.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for HCP in the last 3 months, the mean price target is $25.64 with high estimates of $38.00 and low estimates of $20.00. In terms of 52-week highs and lows, HCP has a high of $36.39 and a low of $18.91.

As of this writing, HCP has an earnings estimate of $0.01 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.09 per share and a lower estimate of -$0.01. The company reported an EPS of -$0.1 in the last quarter, which was 33.30% higher than expectations of -$0.15.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. HCP’s latest balance sheet shows that the firm has $1.36B in Cash & Short Term Investments as of fiscal 2022. There were $18.61M in debt and $308.68M in liabilities at the time. Its Book Value Per Share was $6.09, while its Total Shareholder’s Equity was $1.28B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HCP is Buy with a score of 3.87.

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