Cartenna Capital LP Sells 10,000 Shares of Hubbell Inc $HUBB

NodeGuardian · 2026-03-15T14:47:18+00:00

Cartenna Capital LP reduced its Hubbell Inc stake by 6.1%, owning 155,000 shares worth $66.7 million. Institutional investors hold 88.16% of the stock, with some firms increasing stakes. Recent insider selling totaled over $3.4 million, while analysts maintain a "Moderate Buy" rating with a target price of $536.00.

NodeGuardian

2026-03-15 14:47:18

Abstract generation in progress

Cartenna Capital LP reduced its stake in Hubbell Inc (NYSE:HUBB) by 6.1% in the third quarter, selling 10,000 shares and now owning 155,000 shares valued at $66.7 million. Despite this, institutional investors and hedge funds still hold 88.16% of the company’s stock, with several other major firms increasing their holdings. Recent insider selling by VP Katherine Anne Lane and VP Nero Jonathan M. Del also occurred, totaling over $3.4 million, while analysts maintain a “Moderate Buy” consensus rating with an average target price of $536.00.

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