Partners Capital Investment Group LLP Trims Stake in HubSpot, Inc. (NYSE:HUBS)

Partners Capital Investment Group LLP reduced its stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 56.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,772 shares of the software maker's stock after selling 4,848 shares during the period. Partners Capital Investment Group LLP's holdings in HubSpot were worth $2,628,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Creative Planning raised its holdings in shares of HubSpot by 10.7% in the 3rd quarter. Creative Planning now owns 6,706 shares of the software maker's stock worth $3,565,000 after purchasing an additional 650 shares during the period. V Square Quantitative Management LLC boosted its holdings in HubSpot by 3.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 929 shares of the software maker's stock valued at $494,000 after acquiring an additional 27 shares during the period. Blue Trust Inc. lifted its holdings in HubSpot by 57.9% in the 3rd quarter. Blue Trust Inc. now owns 720 shares of the software maker's stock worth $425,000 after buying an additional 264 shares during the period. Fortis Group Advisors LLC increased its position in HubSpot by 4.2% during the 3rd quarter. Fortis Group Advisors LLC now owns 1,203 shares of the software maker's stock valued at $640,000 after buying an additional 49 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of HubSpot by 16.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 690 shares of the software maker's stock worth $367,000 after purchasing an additional 100 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

HubSpot Price Performance

Shares of HubSpot stock traded down $22.81 during trading hours on Thursday, hitting $748.14. The company's stock had a trading volume of 672,306 shares, compared to its average volume of 496,154. The company has a market capitalization of $39.02 billion, a PE ratio of 8,313.56, a price-to-earnings-growth ratio of 44.50 and a beta of 1.72. The stock has a 50 day moving average of $739.56 and a 200 day moving average of $628.81. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $881.13.

HubSpot (NYSE:HUBS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 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%. Equities analysts expect that HubSpot, Inc. will post 1.01 EPS for the current year.

Insiders Place Their Bets

In other news, CTO Dharmesh Shah sold 25,000 shares of the business's stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $739.89, for a total value of $18,497,250.00. Following the transaction, the chief technology officer now owns 1,272,077 shares in the company, valued at $941,197,051.53. The trade was a 1.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Brian Halligan sold 8,500 shares of the company's stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $729.65, for a total value of $6,202,025.00. Following the completion of the transaction, the insider now owns 513,698 shares in the company, valued at approximately $374,819,745.70. The trade was a 1.63 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 48,112 shares of company stock worth $35,878,612 in the last 90 days. Company insiders own 4.50% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Oppenheimer boosted their price objective on HubSpot from $850.00 to $900.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Morgan Stanley increased their price target on HubSpot from $835.00 to $898.00 and gave the stock an "overweight" rating in a research report on Thursday, February 13th. The Goldman Sachs Group increased their target price on shares of HubSpot from $783.00 to $900.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. Redburn Atlantic initiated coverage on shares of HubSpot in a research note on Wednesday. They issued a "buy" rating on the stock. Finally, Bank of America raised their price target on shares of HubSpot from $780.00 to $850.00 and gave the stock a "buy" rating in a report on Monday, December 16th. Five research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the stock. Based on data from MarketBeat.com, HubSpot presently has an average rating of "Moderate Buy" and a consensus 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.