Vontobel Holding Ltd. Sells 1,846 Shares of HubSpot, Inc. (NYSE:HUBS)

Vontobel Holding Ltd. lessened its stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 36.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,269 shares of the software maker's stock after selling 1,846 shares during the period. Vontobel Holding Ltd.'s holdings in HubSpot were worth $2,278,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Avestar Capital LLC bought a new position in HubSpot during the fourth quarter worth about $226,000. Legato Capital Management LLC bought a new position in HubSpot during the fourth quarter worth about $1,951,000. Certuity LLC bought a new position in HubSpot during the fourth quarter worth about $227,000. Peterson Wealth Services boosted its position in HubSpot by 6.1% during the fourth quarter. Peterson Wealth Services now owns 1,577 shares of the software maker's stock worth $1,099,000 after purchasing an additional 90 shares during the period. Finally, First National Corp MA ADV bought a new position in HubSpot during the fourth quarter worth about $240,000. Hedge funds and other institutional investors own 90.39% of the company's stock.

Insiders Place Their Bets

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $810.00, for a total value of $6,885,000.00. Following the completion of the transaction, the insider now directly owns 524,751 shares in the company, valued at $425,048,310. This represents a 1.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Yamini Rangan sold 115 shares of the company's stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $713.79, for a total value of $82,085.85. Following the completion of the transaction, the chief executive officer now owns 61,179 shares of the company's stock, valued at $43,668,958.41. The trade was a 0.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 48,112 shares of company stock worth $35,878,612 in the last three months. 4.50% of the stock is owned by company insiders.

HubSpot Trading Down 3.0 %

Shares of HUBS stock traded down $22.81 during trading hours on Thursday, hitting $748.14. 672,289 shares of the company's stock were exchanged, compared to its average volume of 496,154. The company has a market capitalization of $39.02 billion, a PE ratio of 8,313.56, a PEG ratio of 44.50 and a beta of 1.72. HubSpot, Inc. has a 12-month low of $434.84 and a 12-month high of $881.13. The business's 50 day simple moving average is $739.56 and its 200-day simple moving average is $628.81.

HubSpot (NYSE:HUBS - Get Free Report) last released its quarterly earnings results 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%. Equities analysts anticipate that HubSpot, Inc. will post 1.01 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on HUBS shares. BMO Capital Markets increased their target price on shares of HubSpot from $690.00 to $885.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. JPMorgan Chase & Co. increased their target price on shares of HubSpot from $635.00 to $725.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 11th. Royal Bank of Canada increased their target price on shares of HubSpot from $825.00 to $950.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. StockNews.com upgraded shares of HubSpot from a "hold" rating to a "buy" rating in a research report on Friday, February 14th. Finally, Raymond James raised their price objective on shares of HubSpot from $750.00 to $980.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Five investment analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $863.96.

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.