HubSpot, Inc. (NYSE:HUBS - Get Free Report) CEO Yamini Rangan sold 2,382 shares of the company's stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 72,373 shares of the company's stock, valued at approximately $41,536,312.16. The trade was a 3.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Yamini Rangan also recently made the following trade(s):
- On Friday, January 3rd, Yamini Rangan sold 3,057 shares of HubSpot stock. The shares were sold at an average price of $701.59, for a total transaction of $2,144,760.63.
HubSpot Stock Down 2.5 %
Shares of NYSE:HUBS traded down $12.47 during midday trading on Tuesday, reaching $486.10. 849,408 shares of the company traded hands, compared to its average volume of 607,708. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $881.13. The firm's fifty day moving average price is $683.08 and its two-hundred day moving average price is $662.00. The firm has a market capitalization of $25.35 billion, a price-to-earnings ratio of 5,401.71, a price-to-earnings-growth ratio of 41.44 and a beta of 1.82.
HubSpot (NYSE:HUBS - Get Free Report) last posted its earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a negative return on equity of 0.07% and a net margin of 0.17%. Analysts forecast that HubSpot, Inc. will post 1.01 earnings per share for the current year.
Analyst Upgrades and Downgrades
HUBS has been the subject of a number of recent research reports. Oppenheimer increased their price objective on HubSpot from $850.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. JPMorgan Chase & Co. increased their price target on HubSpot from $635.00 to $725.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. Stifel Nicolaus boosted their price objective on HubSpot from $880.00 to $925.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Raymond James lifted their target price on HubSpot from $750.00 to $980.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Finally, Stephens started coverage on HubSpot in a report on Wednesday, March 19th. They set an "overweight" rating and a $769.00 price target on the stock. Five analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $848.58.
Read Our Latest Research Report on HUBS
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Rhumbline Advisers increased its holdings in shares of HubSpot by 0.9% in the 1st quarter. Rhumbline Advisers now owns 67,687 shares of the software maker's stock worth $38,669,000 after buying an additional 583 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its stake in HubSpot by 10.4% in the first quarter. Fifth Third Wealth Advisors LLC now owns 446 shares of the software maker's stock valued at $255,000 after acquiring an additional 42 shares during the last quarter. GAMMA Investing LLC raised its position in HubSpot by 80,552.5% during the first quarter. GAMMA Investing LLC now owns 178,242 shares of the software maker's stock valued at $1,018,280,000 after purchasing an additional 178,021 shares in the last quarter. Moody National Bank Trust Division lifted its stake in HubSpot by 4.2% during the first quarter. Moody National Bank Trust Division now owns 3,801 shares of the software maker's stock worth $2,171,000 after purchasing an additional 153 shares during the last quarter. Finally, Versant Capital Management Inc boosted its holdings in shares of HubSpot by 67.5% in the 1st quarter. Versant Capital Management Inc now owns 139 shares of the software maker's stock worth $79,000 after purchasing an additional 56 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company's stock.
About HubSpot
(
Get Free Report)
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.
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