Keystone Investors PTE Ltd. Buys 2,539 Shares of HubSpot, Inc. (NYSE:HUBS)

Keystone Investors PTE Ltd. increased its stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 83.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,575 shares of the software maker's stock after acquiring an additional 2,539 shares during the period. Keystone Investors PTE Ltd.'s holdings in HubSpot were worth $3,884,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in shares of HubSpot in the third quarter worth $25,000. Larson Financial Group LLC increased its stake in HubSpot by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 43 shares of the software maker's stock valued at $30,000 after buying an additional 27 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in HubSpot by 73.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker's stock worth $31,000 after buying an additional 19 shares in the last quarter. Bank of Jackson Hole Trust bought a new stake in HubSpot during the 4th quarter worth about $35,000. Finally, Friedenthal Financial acquired a new position in shares of HubSpot during the 4th quarter worth about $50,000. 90.39% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Piper Sandler upped their target price on HubSpot from $640.00 to $808.00 and gave the stock a "neutral" rating in a report on Thursday, February 13th. Scotiabank increased their price objective on HubSpot from $825.00 to $900.00 and gave the company a "sector outperform" rating in a report on Thursday, February 13th. Sanford C. Bernstein initiated coverage on shares of HubSpot in a report on Thursday, March 20th. They set a "market perform" rating and a $693.00 target price on the stock. Stephens began coverage on shares of HubSpot in a research note on Wednesday, March 19th. They issued an "overweight" rating and a $769.00 price target for the company. Finally, Redburn Atlantic began coverage on shares of HubSpot in a research report on Wednesday, February 19th. They issued a "buy" rating for the company. Five investment 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 stock. According to MarketBeat, HubSpot presently has an average rating of "Moderate Buy" and a consensus target price of $848.58.

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HubSpot Trading Down 2.0 %

NYSE:HUBS traded down $11.96 on Friday, hitting $581.45. The company had a trading volume of 641,595 shares, compared to its average volume of 611,086. The firm has a 50 day moving average of $705.35 and a two-hundred day moving average of $659.01. The stock has a market capitalization of $30.32 billion, a price-to-earnings ratio of 6,461.31, a PEG ratio of 41.44 and a beta of 1.80. 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 released its quarterly earnings data on Wednesday, February 12th. The software maker reported $0.20 earnings per share 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%. As a group, equities analysts forecast that HubSpot, Inc. will post 1.01 EPS for the current year.

Insider Activity

In other news, insider Brian Halligan sold 8,500 shares of the business's stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $607.48, for a total value of $5,163,580.00. Following the transaction, the insider now owns 527,233 shares in the company, valued at approximately $320,283,502.84. The trade was a 1.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Kathryn Bueker sold 1,796 shares of the company's stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $701.59, for a total transaction of $1,260,055.64. Following the sale, the chief financial officer now directly owns 38,560 shares in the company, valued at $27,053,310.40. This trade represents a 4.45 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 21,853 shares of company stock valued at $15,453,396. Insiders own 4.50% of the company's stock.

HubSpot Company 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.