SageView Advisory Group LLC Invests $334,000 in HubSpot, Inc. (NYSE:HUBS)

SageView Advisory Group LLC acquired a new stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 480 shares of the software maker's stock, valued at approximately $334,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. B.O.S.S. Retirement Advisors LLC bought a new stake in shares of HubSpot during the 4th quarter valued at $1,361,000. Oak Harvest Investment Services purchased a new stake in HubSpot in the fourth quarter worth about $2,065,000. Donoghue Forlines LLC purchased a new position in shares of HubSpot during the fourth quarter valued at approximately $2,049,000. Mayflower Financial Advisors LLC purchased a new stake in shares of HubSpot in the 4th quarter worth approximately $862,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in HubSpot by 1.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,246 shares of the software maker's stock valued at $2,262,000 after buying an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company's stock.

HubSpot Trading Down 3.9 %

NYSE:HUBS traded down $20.97 during midday trading on Monday, hitting $518.72. 66,558 shares of the company traded hands, compared to its average volume of 616,466. The firm's fifty day moving average is $627.88 and its 200-day moving average is $661.10. The firm has a market capitalization of $27.05 billion, a P/E ratio of 5,764.87, a P/E/G ratio of 41.44 and a beta of 1.82. HubSpot, Inc. has a 12-month low of $434.84 and a 12-month high of $881.13.

HubSpot (NYSE:HUBS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 EPS for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a net margin of 0.17% and a negative return on equity of 0.07%. On average, research analysts expect that HubSpot, Inc. will post 1.01 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Brian Halligan sold 8,500 shares of HubSpot stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $607.48, for a total transaction of $5,163,580.00. Following the completion of the sale, the insider now directly owns 527,233 shares in the company, valued at approximately $320,283,502.84. This trade represents a 1.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Yamini Rangan sold 2,382 shares of the stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $573.92, for a total value of $1,367,077.44. Following the transaction, the chief executive officer now directly owns 72,373 shares in the company, valued at $41,536,312.16. The trade was a 3.19 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 27,882 shares of company stock valued at $17,993,757. Insiders own 4.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on HUBS shares. Scotiabank upped their price target on shares of HubSpot from $825.00 to $900.00 and gave the stock a "sector outperform" rating in a research note on Thursday, February 13th. Stifel Nicolaus increased their price target on shares of HubSpot from $880.00 to $925.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Raymond James raised their price target on shares of HubSpot from $750.00 to $980.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Royal Bank of Canada upped their price objective on HubSpot from $825.00 to $950.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Finally, JPMorgan Chase & Co. lifted their target price on HubSpot from $635.00 to $725.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. Five research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, HubSpot currently has a consensus rating of "Moderate Buy" and an average price target of $818.04.

About HubSpot

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.