Talkspace, Inc. (NASDAQ:TALK) CFO Ian Jiro Harris Purchases 23,100 Shares of Stock

Talkspace, Inc. (NASDAQ:TALK) CFO Ian Jiro Harris purchased 23,100 shares of Talkspace stock in a transaction that occurred on Thursday, September 19th. The stock was acquired at an average cost of $2.11 per share, with a total value of $48,741.00. Following the transaction, the chief financial officer now owns 397,657 shares in the company, valued at approximately $839,056.27. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Ian Jiro Harris also recently made the following trade(s):

• On Tuesday, September 17th, Ian Jiro Harris acquired 19,500 shares of Talkspace stock. The stock was acquired at an average cost of $2.20 per share, for a total transaction of $42,900.00.

Talkspace Stock Up 2.9 %

Shares of NASDAQ:TALK opened at $2.10 on Friday. The business’s 50 day moving average is $1.91 and its 200 day moving average is $2.55. Talkspace, Inc. has a 12-month low of $1.41 and a 12-month high of $3.92. The stock has a market cap of $356.34 million, a price-to-earnings ratio of -26.25 and a beta of 1.21.

Hedge Funds Weigh In On Talkspace

Hedge funds have recently bought and sold shares of the company. Fifth Lane Capital LP purchased a new stake in shares of Talkspace in the first quarter valued at about $55,000. Principal Financial Group Inc. bought a new stake in Talkspace in the 2nd quarter worth about $38,000. Virtu Financial LLC purchased a new stake in Talkspace in the 1st quarter valued at about $74,000. Counterpoint Mutual Funds LLC bought a new position in shares of Talkspace during the 1st quarter worth approximately $132,000. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Talkspace during the 2nd quarter worth approximately $113,000. 57.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Needham & Company LLC restated a “hold” rating on shares of Talkspace in a report on Tuesday, August 6th.

Talkspace Company Profile

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.