Impact Investors Inc Buys New Position in HubSpot, Inc. (NYSE:HUBS)

Impact Investors Inc acquired a new stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 387 shares of the software maker's stock, valued at approximately $270,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of HubSpot during the 3rd quarter worth about $25,000. MassMutual Private Wealth & Trust FSB grew its holdings 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 period. Bank of Jackson Hole Trust purchased a new stake in shares of HubSpot during the 4th quarter worth about $35,000. HM Payson & Co. grew its holdings in shares of HubSpot by 36.0% during the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker's stock worth $36,000 after purchasing an additional 18 shares during the period. Finally, Friedenthal Financial purchased a new stake in shares of HubSpot during the 4th quarter worth about $50,000. Institutional investors and hedge funds own 90.39% of the company's stock.

Insiders Place Their Bets

In other HubSpot news, CFO Kathryn Bueker sold 1,796 shares of the stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $701.59, for a total value of $1,260,055.64. Following the sale, the chief financial officer now directly owns 38,560 shares of the company's stock, valued at $27,053,310.40. This trade represents a 4.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Yamini Rangan sold 115 shares of the stock in a transaction 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 sale, the chief executive officer now directly owns 61,179 shares in the company, valued at $43,668,958.41. This represents a 0.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 48,112 shares of company stock valued at $35,878,612 over the last three months. Company insiders own 4.50% of the company's stock.

HubSpot Price Performance

Shares of HUBS stock traded up $11.27 on Friday, hitting $724.46. 586,082 shares of the stock traded hands, compared to its average volume of 504,687. The company has a market capitalization of $37.78 billion, a PE ratio of 8,050.45, a PEG ratio of 41.44 and a beta of 1.72. HubSpot, Inc. has a 1-year low of $434.84 and a 1-year high of $881.13. The company's fifty day moving average is $739.69 and its 200 day moving average is $640.38.

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 (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%. As a group, equities research analysts expect that HubSpot, Inc. will post 1.01 EPS for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on HUBS. Morgan Stanley upped their price target on HubSpot from $835.00 to $898.00 and gave the stock an "overweight" rating in a report on Thursday, February 13th. Oppenheimer upped their price target on HubSpot from $850.00 to $900.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Barclays restated an "equal weight" rating on shares of HubSpot in a report on Thursday, February 13th. UBS Group upgraded HubSpot from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 19th. Finally, Canaccord Genuity Group upped their price target on HubSpot from $710.00 to $900.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Five equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average 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.