HC2 Holdings, Inc. (NASDAQ:HCHC) insider Suzi R. Herbst sold 5,303 shares of the stock in a transaction on Monday, November 13th. The shares were sold at an average price of $4.99, for a total value of $26,461.97. Following the completion of the transaction, the insider now owns 27,493 shares of the company’s stock, valued at approximately $137,190.07. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of HC2 Holdings, Inc. (NASDAQ HCHC) traded down $0.06 during midday trading on Tuesday, reaching $4.96. The company’s stock had a trading volume of 192,607 shares, compared to its average volume of 138,250. HC2 Holdings, Inc. has a 12-month low of $4.30 and a 12-month high of $7.27.

HC2 Holdings (NASDAQ:HCHC) last announced its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.16) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.07). The business had revenue of $406.40 million during the quarter, compared to analysts’ expectations of $428.04 million. During the same period in the previous year, the firm earned ($0.20) EPS. The company’s revenue for the quarter was down 1.6% on a year-over-year basis.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this report on another website, it was illegally copied and reposted in violation of United States & international copyright and trademark law. The legal version of this report can be read at https://www.watchlistnews.com/hc2-holdings-inc-hchc-insider-suzi-r-herbst-sells-5303-shares/1703410.html.

HCHC has been the subject of a number of research reports. B. Riley restated a “buy” rating and set a $10.00 price objective on shares of HC2 Holdings in a research report on Sunday, August 13th. Zacks Investment Research lowered HC2 Holdings from a “hold” rating to a “sell” rating in a research report on Monday.

A number of hedge funds and other institutional investors have recently made changes to their positions in HCHC. JPMorgan Chase & Co. lifted its holdings in shares of HC2 Holdings by 51.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,574,500 shares of the technology company’s stock valued at $8,455,000 after buying an additional 533,100 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of HC2 Holdings by 10.3% during the 2nd quarter. Vanguard Group Inc. now owns 1,504,558 shares of the technology company’s stock valued at $8,847,000 after buying an additional 140,747 shares during the last quarter. B. Riley Financial Inc. lifted its holdings in shares of HC2 Holdings by 114.9% during the 2nd quarter. B. Riley Financial Inc. now owns 1,434,511 shares of the technology company’s stock valued at $8,435,000 after buying an additional 766,861 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of HC2 Holdings by 0.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,035,407 shares of the technology company’s stock valued at $6,088,000 after buying an additional 7,423 shares during the last quarter. Finally, Benefit Street Partners LLC lifted its holdings in shares of HC2 Holdings by 28.7% during the 2nd quarter. Benefit Street Partners LLC now owns 787,821 shares of the technology company’s stock valued at $4,632,000 after buying an additional 175,752 shares during the last quarter.

About HC2 Holdings

HC2 Holdings, Inc engages in construction, marine services, insurance, telecommunications, energy, life sciences, and other businesses in the United States, the United Kingdom, and internationally. The company fabricates and erects structural steel for commercial and industrial construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants.

Receive News & Ratings for HC2 Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HC2 Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.