Union Bancaire Privee UBP SA Takes Position in HubSpot, Inc. (NYSE:HUBS)

Union Bancaire Privee UBP SA acquired a new stake in HubSpot, Inc. (NYSE:HUBS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,091 shares of the software maker's stock, valued at approximately $4,838,000.

Other hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in HubSpot during the 3rd quarter worth $25,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of HubSpot by 73.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker's stock valued at $31,000 after buying an additional 19 shares during the last quarter. HM Payson & Co. boosted its stake in shares of HubSpot by 36.0% during the third quarter. HM Payson & Co. now owns 68 shares of the software maker's stock worth $36,000 after buying an additional 18 shares during the period. Friedenthal Financial purchased a new position in shares of HubSpot during the fourth quarter worth about $50,000. Finally, Crewe Advisors LLC grew its holdings in shares of HubSpot by 37.3% during the third quarter. Crewe Advisors LLC now owns 103 shares of the software maker's stock worth $55,000 after buying an additional 28 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company's stock.

HubSpot Trading Up 4.3 %

Shares of HUBS stock traded up $31.38 during trading hours on Monday, hitting $757.99. The company's stock had a trading volume of 892,897 shares, compared to its average volume of 392,143. The business has a fifty day moving average of $716.86 and a 200-day moving average of $591.70. HubSpot, Inc. has a twelve month low of $434.84 and a twelve month high of $779.73. The stock has a market cap of $39.13 billion, a price-to-earnings ratio of -2,807.26, a P/E/G ratio of 40.57 and a beta of 1.70.

HubSpot (NYSE:HUBS - Get Free Report) last announced its earnings results on Wednesday, November 6th. The software maker reported $2.18 EPS for the quarter, beating analysts' consensus estimates of $1.91 by $0.27. HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. The firm had revenue of $669.72 million for the quarter, compared to analysts' expectations of $646.97 million. During the same quarter in the prior year, the firm earned ($0.04) EPS. HubSpot's quarterly revenue was up 20.1% on a year-over-year basis. On average, equities analysts expect that HubSpot, Inc. will post 0.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on the company. JPMorgan Chase & Co. upped their price objective on HubSpot from $560.00 to $635.00 and gave the company an "overweight" rating in a research note on Thursday, November 7th. Morgan Stanley increased their price target on HubSpot from $747.00 to $835.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. The Goldman Sachs Group boosted their price objective on shares of HubSpot from $626.00 to $690.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. UBS Group downgraded shares of HubSpot from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 17th. Finally, Barclays lifted their target price on shares of HubSpot from $650.00 to $725.00 and gave the company an "equal weight" rating in a report on Monday. Six research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $724.52.

Insider Activity at HubSpot

In other news, CEO Yamini Rangan sold 115 shares of the firm's stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $713.79, for a total transaction of $82,085.85. Following the sale, the chief executive officer now owns 61,179 shares in the company, valued at $43,668,958.41. This trade represents a 0.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Brian Halligan sold 8,500 shares of the company's stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $661.59, for a total value of $5,623,515.00. Following the completion of the transaction, the insider now owns 513,698 shares of the company's stock, valued at $339,857,459.82. The trade was a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 78,066 shares of company stock valued at $54,900,427. 4.50% of the stock is owned by insiders.

HubSpot Profile

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.