Advantage Alpha Capital Partners LP Sells 13,749 Shares of HubSpot, Inc. (NYSE:HUBS)

Advantage Alpha Capital Partners LP lowered its stake in HubSpot, Inc. (NYSE:HUBS - Free Report) by 73.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,917 shares of the software maker's stock after selling 13,749 shares during the quarter. Advantage Alpha Capital Partners LP's holdings in HubSpot were worth $3,426,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Larson Financial Group LLC boosted its holdings in shares of HubSpot by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 43 shares of the software maker's stock worth $30,000 after buying an additional 27 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in HubSpot by 73.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker's stock worth $31,000 after purchasing an additional 19 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in HubSpot during the 3rd quarter worth approximately $25,000. Bank of Jackson Hole Trust acquired a new stake in HubSpot during the 4th quarter valued at $35,000. Finally, Friedenthal Financial purchased a new stake in shares of HubSpot in the fourth quarter valued at $50,000. Institutional investors and hedge funds own 90.39% of the company's stock.

Insider Activity at HubSpot

In other news, CFO Kathryn Bueker sold 1,796 shares of the stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $701.59, for a total value of $1,260,055.64. Following the completion of the sale, the chief financial officer now directly owns 38,560 shares of the company's stock, valued at approximately $27,053,310.40. This represents a 4.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Yamini Rangan sold 3,057 shares of the firm's stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $701.59, for a total transaction of $2,144,760.63. Following the completion of the sale, the chief executive officer now owns 54,079 shares in the company, valued at approximately $37,941,285.61. The trade was a 5.35 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,853 shares of company stock worth $15,453,396 in the last 90 days. 4.50% of the stock is owned by company insiders.

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HubSpot Price Performance

Shares of NYSE HUBS traded down $11.96 during trading hours on Friday, hitting $581.45. 641,595 shares of the stock were exchanged, compared to its average volume of 611,086. HubSpot, Inc. has a one year low of $434.84 and a one year high of $881.13. The company's 50 day moving average is $705.35 and its 200 day moving average is $657.85. The firm has a market capitalization of $30.32 billion, a P/E ratio of 6,461.31, a P/E/G ratio of 41.44 and a beta of 1.80.

HubSpot (NYSE:HUBS - Get Free Report) last released its earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $2.18 by ($1.98). HubSpot had a negative return on equity of 0.07% and a net margin of 0.17%. Research analysts anticipate that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on HUBS shares. Royal Bank of Canada lifted their price target on HubSpot from $825.00 to $950.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. KeyCorp raised HubSpot from a "sector weight" rating to an "overweight" rating and set a $920.00 target price on the stock in a research note on Thursday, February 13th. UBS Group raised shares of HubSpot from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 19th. Needham & Company LLC boosted their price objective on shares of HubSpot from $730.00 to $900.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Finally, BMO Capital Markets upped their price objective on shares of HubSpot from $690.00 to $885.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. Five equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $848.58.

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.