HubSpot (NYSE:HUBS) Now Covered by Macquarie

Macquarie began coverage on shares of HubSpot (NYSE:HUBS - Free Report) in a report published on Monday morning, Marketbeat reports. The brokerage issued an outperform rating and a $730.00 price target on the software maker's stock.

A number of other equities analysts also recently commented on HUBS. Sanford C. Bernstein assumed coverage on shares of HubSpot in a report on Thursday, March 20th. They set a "market perform" rating and a $693.00 price objective for the company. Oppenheimer raised their price target on shares of HubSpot from $850.00 to $900.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. Morgan Stanley upped their price objective on HubSpot from $835.00 to $898.00 and gave the company an "overweight" rating in a research note on Thursday, February 13th. Barclays raised HubSpot from an "equal weight" rating to an "overweight" rating and set a $815.00 target price for the company in a report on Wednesday, March 12th. Finally, William Blair reaffirmed an "outperform" rating on shares of HubSpot in a research note on Thursday, February 13th. Five research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $848.58.

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HubSpot Price Performance

Shares of HubSpot stock traded down $11.96 during midday trading on Monday, hitting $581.45. The company had a trading volume of 641,595 shares, compared to its average volume of 611,086. The stock has a market cap of $30.32 billion, a PE ratio of 6,461.31, a P/E/G ratio of 41.44 and a beta of 1.80. HubSpot has a 1-year low of $434.84 and a 1-year high of $881.13. The business's 50 day simple moving average is $705.35 and its two-hundred day simple moving average is $657.85.

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 (EPS) for the quarter, missing analysts' consensus estimates 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, sell-side analysts expect that HubSpot will post 1.01 EPS for the current fiscal year.

Insider Activity at HubSpot

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the company's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $607.48, for a total transaction of $5,163,580.00. Following the completion of the sale, 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 legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Yamini Rangan sold 3,057 shares of the stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $701.59, for a total value of $2,144,760.63. Following the completion of the transaction, the chief executive officer now directly owns 54,079 shares in the company, valued at $37,941,285.61. The trade was a 5.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,853 shares of company stock worth $15,453,396 over the last 90 days. Insiders own 4.50% of the company's stock.

Institutional Trading of HubSpot

A number of large investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in HubSpot during the 3rd quarter worth approximately $25,000. Elequin Capital LP bought a new stake in HubSpot in the 4th quarter valued at approximately $27,000. 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 increased its position in shares of 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 purchasing an additional 19 shares during the last quarter. Finally, Coppell Advisory Solutions LLC raised its stake in shares of HubSpot by 91.7% during the 4th quarter. Coppell Advisory Solutions LLC now owns 46 shares of the software maker's stock worth $32,000 after purchasing an additional 22 shares in the last quarter. Institutional investors own 90.39% 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.