1,544 Shares in HubSpot, Inc. (NYSE:HUBS) Acquired by Hantz Financial Services Inc.

Hantz Financial Services Inc. acquired a new stake in HubSpot, Inc. (NYSE:HUBS - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,544 shares of the software maker's stock, valued at approximately $911,000.

Other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of HubSpot by 14.3% during the 1st quarter. GAMMA Investing LLC now owns 120 shares of the software maker's stock worth $75,000 after buying an additional 15 shares during the last quarter. Lincoln National Corp increased its stake in HubSpot by 2.6% during the fourth quarter. Lincoln National Corp now owns 666 shares of the software maker's stock worth $387,000 after acquiring an additional 17 shares during the last quarter. Addison Capital Co lifted its stake in shares of HubSpot by 0.5% in the 4th quarter. Addison Capital Co now owns 3,822 shares of the software maker's stock valued at $2,219,000 after purchasing an additional 18 shares during the last quarter. First Affirmative Financial Network grew its holdings in shares of HubSpot by 3.8% during the 1st quarter. First Affirmative Financial Network now owns 493 shares of the software maker's stock worth $309,000 after purchasing an additional 18 shares during the period. Finally, Lindbrook Capital LLC raised its holdings in HubSpot by 17.9% in the 1st quarter. Lindbrook Capital LLC now owns 138 shares of the software maker's stock valued at $86,000 after buying an additional 21 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at HubSpot

In related news, CFO Kathryn Bueker sold 1,135 shares of HubSpot stock in a transaction that occurred on Tuesday, July 2nd. The stock was sold at an average price of $592.80, for a total transaction of $672,828.00. Following the completion of the transaction, the chief financial officer now directly owns 44,715 shares in the company, valued at approximately $26,507,052. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Kathryn Bueker sold 1,135 shares of HubSpot stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $592.80, for a total transaction of $672,828.00. Following the completion of the sale, the chief financial officer now owns 44,715 shares in the company, valued at approximately $26,507,052. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Yamini Rangan sold 2,877 shares of the company's stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $592.80, for a total transaction of $1,705,485.60. Following the completion of the transaction, the chief executive officer now owns 68,037 shares in the company, valued at $40,332,333.60. The disclosure for this sale can be found here. In the last three months, insiders sold 37,896 shares of company stock worth $21,243,275. 4.50% of the stock is owned by corporate insiders.

HubSpot Stock Performance

HubSpot stock traded down $0.98 during mid-day trading on Friday, reaching $499.07. 415,364 shares of the company were exchanged, compared to its average volume of 610,044. The firm has a market cap of $25.63 billion, a PE ratio of -188.33, a price-to-earnings-growth ratio of 3,148.72 and a beta of 1.60. The firm's 50-day simple moving average is $508.77 and its two-hundred day simple moving average is $577.90. HubSpot, Inc. has a twelve month low of $407.23 and a twelve month high of $693.85.

HubSpot (NYSE:HUBS - Get Free Report) last issued its earnings results on Wednesday, August 7th. The software maker reported $1.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.64 by $0.30. HubSpot had a negative net margin of 1.15% and a negative return on equity of 2.33%. The company had revenue of $637.20 million during the quarter, compared to analysts' expectations of $619.28 million. During the same period last year, the company posted ($1.17) earnings per share. The firm's quarterly revenue was up 20.4% compared to the same quarter last year. As a group, equities research analysts anticipate that HubSpot, Inc. will post 0.01 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. KeyCorp raised HubSpot from an "underweight" rating to a "sector weight" rating and set a $460.00 price objective for the company in a research note on Thursday, August 8th. Citigroup dropped their price objective on shares of HubSpot from $699.00 to $629.00 and set a "buy" rating for the company in a report on Friday, August 9th. Royal Bank of Canada reiterated an "outperform" rating and set a $700.00 target price on shares of HubSpot in a report on Thursday, August 8th. Barclays cut their price objective on HubSpot from $575.00 to $500.00 and set an "equal weight" rating on the stock in a research report on Friday, August 9th. Finally, Needham & Company LLC reissued a "buy" rating and set a $730.00 target price on shares of HubSpot in a research note on Thursday, August 8th. Five research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $610.79.

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.