HubSpot, Inc. (NYSE:HUBS) Shares Bought by Schroder Investment Management Group

Schroder Investment Management Group increased its holdings in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 41.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,915 shares of the software maker's stock after buying an additional 2,320 shares during the period. Schroder Investment Management Group's holdings in HubSpot were worth $5,537,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HUBS. Farther Finance Advisors LLC raised its position in HubSpot by 5.4% in the fourth quarter. Farther Finance Advisors LLC now owns 255 shares of the software maker's stock worth $178,000 after acquiring an additional 13 shares in the last quarter. First Horizon Advisors Inc. increased its position in HubSpot by 2.4% in the 4th quarter. First Horizon Advisors Inc. now owns 638 shares of the software maker's stock valued at $445,000 after acquiring an additional 15 shares during the period. Amalgamated Bank boosted its holdings in HubSpot by 0.5% during the fourth quarter. Amalgamated Bank now owns 3,259 shares of the software maker's stock worth $2,271,000 after buying an additional 16 shares in the last quarter. Avitas Wealth Management LLC raised its position in HubSpot by 0.8% during the fourth quarter. Avitas Wealth Management LLC now owns 2,038 shares of the software maker's stock valued at $1,420,000 after buying an additional 17 shares during the period. Finally, Principal Securities Inc. boosted its position in HubSpot by 17.2% during the fourth quarter. Principal Securities Inc. now owns 116 shares of the software maker's stock worth $81,000 after purchasing an additional 17 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity at HubSpot

In related news, insider Brian Halligan sold 8,500 shares of the company's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $607.48, for a total transaction of $5,163,580.00. Following the completion of the transaction, the insider now owns 527,233 shares in the company, valued at $320,283,502.84. This represents a 1.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Yamini Rangan sold 2,382 shares of HubSpot stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $573.92, for a total transaction of $1,367,077.44. Following the transaction, the chief executive officer now directly owns 72,373 shares of the company's stock, valued at approximately $41,536,312.16. This trade represents a 3.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,382 shares of company stock worth $13,415,657. Insiders own 4.50% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HUBS. Oppenheimer upped their target price on shares of HubSpot from $850.00 to $900.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Barclays raised HubSpot from an "equal weight" rating to an "overweight" rating and set a $815.00 price objective on the stock in a research note on Wednesday, March 12th. KeyCorp upgraded HubSpot from a "sector weight" rating to an "overweight" rating and set a $920.00 price target for the company in a report on Thursday, February 13th. Macquarie began coverage on shares of HubSpot in a report on Monday, March 24th. They issued an "outperform" rating and a $730.00 price target on the stock. Finally, Royal Bank of Canada increased 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. Five research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $848.58.

HubSpot Stock Performance

NYSE:HUBS traded down $27.00 on Friday, reaching $500.79. The company's stock had a trading volume of 1,393,357 shares, compared to its average volume of 604,703. The firm has a market cap of $26.12 billion, a PE ratio of 5,564.93, a PEG ratio of 41.44 and a beta of 1.82. The business's 50-day moving average price is $688.31 and its two-hundred day moving average price is $661.13. HubSpot, Inc. has a 1-year low of $434.84 and a 1-year high of $881.13.

HubSpot (NYSE:HUBS - Get Free Report) last announced its 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 negative return on equity of 0.07% and a net margin of 0.17%. As a group, sell-side analysts expect that HubSpot, Inc. will post 1.01 EPS for the current year.

HubSpot 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.