HubSpot, Inc. (NYSE:HUBS) Shares Bought by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. boosted its position in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 2.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,700 shares of the software maker's stock after purchasing an additional 400 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in HubSpot were worth $13,030,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HUBS. MassMutual Private Wealth & Trust FSB boosted its position in shares of HubSpot by 73.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker's stock valued at $31,000 after buying an additional 19 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in HubSpot during the 3rd quarter valued at $25,000. Bank of Jackson Hole Trust bought a new position in HubSpot in the 4th quarter valued at $35,000. HM Payson & Co. increased its stake in HubSpot by 36.0% in the third 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 bought a new stake in shares of HubSpot during the fourth quarter worth $50,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on HUBS shares. Royal Bank of Canada upped their price target on shares of HubSpot from $825.00 to $950.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Raymond James raised their target price on shares of HubSpot from $750.00 to $980.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Jefferies Financial Group boosted their price target on HubSpot from $860.00 to $900.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Redburn Atlantic started coverage on HubSpot in a report on Wednesday, February 19th. They set a "buy" rating on the stock. Finally, Bank of America upped their target price on HubSpot from $780.00 to $850.00 and gave the stock a "buy" rating in a report on Monday, December 16th. Five analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, HubSpot has an average rating of "Moderate Buy" and an average price target of $863.96.

Insider Buying and Selling at HubSpot

In related news, CEO Yamini Rangan sold 115 shares of the company's 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 transaction, the chief executive officer now directly owns 61,179 shares of the company's stock, valued at $43,668,958.41. This represents a 0.19 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Brian Halligan sold 8,500 shares of HubSpot 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 represents a 1.59 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 48,112 shares of company stock worth $35,878,612. 4.50% of the stock is owned by corporate insiders.

HubSpot Trading Down 2.4 %

Shares of HUBS traded down $17.15 during midday trading on Monday, hitting $706.84. 518,316 shares of the company's stock traded hands, compared to its average volume of 505,028. The stock has a market capitalization of $36.86 billion, a price-to-earnings ratio of 7,854.65, a price-to-earnings-growth 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 firm's fifty day moving average is $739.69 and its 200-day moving average is $642.57.

HubSpot (NYSE:HUBS - Get Free Report) last issued 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 research analysts anticipate that HubSpot, Inc. will post 1.01 EPS for the current year.

About HubSpot

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.