HubSpot, Inc. (NYSE:HUBS - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $590.67, but opened at $625.00. HubSpot shares last traded at $615.60, with a volume of 133,205 shares.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on HUBS shares. UBS Group raised shares of HubSpot from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 19th. Wells Fargo & Company increased their price objective on shares of HubSpot from $835.00 to $940.00 and gave the stock an "overweight" rating in a research report on Thursday, February 13th. William Blair reaffirmed an "outperform" rating on shares of HubSpot in a research report on Thursday, February 13th. StockNews.com downgraded shares of HubSpot from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Finally, Piper Sandler upped their target price on shares of HubSpot from $640.00 to $808.00 and gave the stock a "neutral" rating in a research note on Thursday, February 13th. Four analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, HubSpot presently has a consensus rating of "Moderate Buy" and an average price target of $863.96.
View Our Latest Analysis on HUBS
HubSpot Price Performance
The firm has a market cap of $31.22 billion, a PE ratio of 6,652.27, a PEG ratio of 41.44 and a beta of 1.80. The company has a 50 day moving average price of $727.46 and a 200 day moving average price of $649.63.
HubSpot (NYSE:HUBS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $2.18 by ($1.98). HubSpot had a negative return on equity of 0.07% and a net margin of 0.17%. On average, equities analysts anticipate that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.
Insider Activity at HubSpot
In other HubSpot news, insider Brian Halligan sold 8,500 shares of the firm's stock in a transaction dated 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 sale, the insider now directly owns 524,751 shares of the company's stock, valued at approximately $425,048,310. This trade represents a 1.59 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kathryn Bueker sold 1,796 shares of the business's stock in a transaction that occurred 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 completion of the sale, the chief financial officer now owns 38,560 shares of the company's stock, valued at approximately $27,053,310.40. The trade was a 4.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,997 shares of company stock valued at $35,796,526. 4.50% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Elequin Capital LP acquired a new stake in HubSpot during the 4th quarter valued at $27,000. Larson Financial Group LLC raised its holdings in shares of 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 purchasing an additional 27 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings 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 acquiring an additional 19 shares during the last quarter. Coppell Advisory Solutions LLC lifted its holdings in shares of HubSpot by 91.7% in 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 during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in HubSpot in the third quarter valued at $25,000. 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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