Hudson Pacific director Bortz buys $335,000 in HPP stock By Investing.com

Jon E. Bortz, a director at Hudson Pacific Properties (), purchased shares of the company’s common stock, according to a recent SEC filing.

The transaction, dated August 11, 2026, involved the acquisition of 25,000 shares. The shares were bought at a price of $13.40 each, totaling $335,000.

Following this transaction, Mr. Bortz directly holds 35,394 shares of Hudson Pacific Properties common stock.The insider purchase comes as HPP trades at $13.35, significantly below its InvestingPro Fair Value, placing it among the platform’s most undervalued stocks. The stock has surged 119% over the past six months, though it remains down 23% year-over-year. With a Price/Book ratio of just 0.31, InvestingPro subscribers can access the comprehensive Pro Research Report for HPP, one of 1,400+ US equities covered with expert analysis and actionable intelligence.

In other recent news, Hudson Pacific Properties reported its financial results for the second quarter of 2026. The company posted a wider-than-expected adjusted loss of $1.62 per share, which was significantly higher than analysts’ estimates of a 77-cent loss. However, Hudson Pacific exceeded Wall Street’s revenue forecast, reporting $188.3 million compared to the anticipated $179.89 million. The company highlighted leasing momentum, higher occupancy rates, and progress in its Quixote restructuring as positive factors for its outlook. In a separate development, Piper Sandler upgraded Hudson Pacific’s stock rating from Neutral to Overweight. The firm also raised its price target from $16.00 to $18.00, citing a rebound in the West Coast office market, particularly in Seattle, as a key reason for the upgrade. Hudson Pacific also achieved a record by signing 1.3 million square feet of office leases during the quarter. These developments reflect the company’s ongoing efforts to strengthen its position in the real estate market.

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