Lbp Am Sa Lowers Position in HubSpot, Inc. (NYSE:HUBS)

LBP AM SA lowered its stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 89.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 990 shares of the software maker's stock after selling 8,116 shares during the quarter. LBP AM SA's holdings in HubSpot were worth $690,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC grew its holdings in HubSpot by 168.8% during 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 in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in HubSpot by 73.1% in the fourth 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 last quarter. Wilmington Savings Fund Society FSB purchased a new position in HubSpot in the third quarter worth $25,000. Bank of Jackson Hole Trust purchased a new position in HubSpot in the fourth quarter worth $35,000. Finally, Friedenthal Financial purchased a new position in HubSpot in the fourth quarter worth $50,000. Institutional investors own 90.39% of the company's stock.

Insider Activity at HubSpot

In other HubSpot news, CEO Yamini Rangan sold 3,057 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 $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. This trade represents a 5.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Lorrie M. Norrington sold 572 shares of the stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $690.00, for a total value of $394,680.00. Following the completion of the sale, the director now owns 1,697 shares of the company's stock, valued at approximately $1,170,930. This trade represents a 25.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 14,497 shares of company stock worth $11,097,251 in the last ninety days. 4.50% of the stock is owned by company insiders.

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HubSpot Stock Down 2.6 %

Shares of HubSpot stock traded down $16.18 during trading on Tuesday, hitting $596.88. 294,026 shares of the stock traded hands, compared to its average volume of 599,312. The stock has a market cap of $31.13 billion, a price-to-earnings ratio of 6,617.24, a PEG ratio of 41.44 and a beta of 1.80. The firm's fifty day moving average is $723.71 and its 200-day moving average is $653.35. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $881.13.

HubSpot (NYSE:HUBS - Get Free Report) last announced its quarterly earnings data 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, analysts forecast that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Truist Financial reissued a "buy" rating and issued a $900.00 price objective (up previously from $750.00) on shares of HubSpot in a research report on Thursday, February 13th. KeyCorp raised HubSpot from a "sector weight" rating to an "overweight" rating and set a $920.00 price objective on the stock in a research report on Thursday, February 13th. Stifel Nicolaus boosted their price objective on HubSpot from $880.00 to $925.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th. Wells Fargo & Company upped their price target on HubSpot from $835.00 to $940.00 and gave the company an "overweight" rating in a research report on Thursday, February 13th. Finally, Bank of America upped their price target on HubSpot from $780.00 to $850.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Four equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $863.96.

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.