HubSpot Inc (NYSE:HUBS) Director Ronald S. Gill sold 4,140 shares of the business’s stock in a transaction that occurred on Thursday, January 10th. The shares were sold at an average price of $137.86, for a total value of $570,740.40. Following the completion of the transaction, the director now directly owns 18,214 shares of the company’s stock, valued at $2,510,982.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
HUBS stock opened at $155.27 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.15 and a quick ratio of 3.15. HubSpot Inc has a 1 year low of $85.65 and a 1 year high of $162.20.
HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, November 7th. The software maker reported ($0.32) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.37). HubSpot had a negative return on equity of 19.13% and a negative net margin of 13.43%. The business had revenue of $131.83 million for the quarter, compared to analyst estimates of $126.65 million. During the same period in the previous year, the company earned $0.03 earnings per share. The company’s quarterly revenue was up 34.9% compared to the same quarter last year. Analysts anticipate that HubSpot Inc will post -0.98 earnings per share for the current fiscal year.
Several research firms recently commented on HUBS. Zacks Investment Research downgraded HubSpot from a “buy” rating to a “hold” rating in a research note on Thursday. Stephens began coverage on HubSpot in a research note on Thursday. They set an “overweight” rating and a $191.00 target price on the stock. Morgan Stanley increased their price target on HubSpot from $141.00 to $146.00 and gave the company an “equal weight” rating in a research report on Thursday, November 8th. Raymond James raised their target price on HubSpot from $150.00 to $155.00 and gave the stock an “outperform” rating in a research report on Thursday, November 8th. Finally, Oppenheimer lifted their target price on HubSpot from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Thursday, November 8th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. HubSpot presently has an average rating of “Buy” and an average target price of $150.69.
Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of HubSpot by 3.1% during the third quarter. Vanguard Group Inc. now owns 3,171,764 shares of the software maker’s stock worth $478,778,000 after purchasing an additional 95,762 shares during the last quarter. Vanguard Group Inc raised its holdings in shares of HubSpot by 3.1% in the third quarter. Vanguard Group Inc now owns 3,171,764 shares of the software maker’s stock worth $478,778,000 after acquiring an additional 95,762 shares during the last quarter. Capital Research Global Investors grew its position in HubSpot by 164.5% during the third quarter. Capital Research Global Investors now owns 1,900,059 shares of the software maker’s stock valued at $286,814,000 after acquiring an additional 1,181,611 shares during the period. Jennison Associates LLC boosted its position in shares of HubSpot by 8.1% in the third quarter. Jennison Associates LLC now owns 943,422 shares of the software maker’s stock worth $142,410,000 after buying an additional 70,430 shares during the period. Finally, Scge Management L.P. raised its stake in HubSpot by 10.4% during the third quarter. Scge Management L.P. now owns 878,650 shares of the software maker’s stock valued at $132,632,000 after buying an additional 83,000 shares in the last quarter. Institutional investors and hedge funds own 93.63% of the company’s stock.
About HubSpot
HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. Its software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, sales productivity, CRM, analytics, and reporting.
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