HubSpot Inc (HUBS) Insider Sells $161,342.70 in Stock


HubSpot Inc (NYSE:HUBS) insider Hunter Madeley sold 1,005 shares of the business’s stock in a transaction on Monday, February 4th. The stock was sold at an average price of $160.54, for a total value of $161,342.70. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Hunter Madeley also recently made the following trade(s):

  • On Monday, January 14th, Hunter Madeley sold 1,199 shares of HubSpot stock. The stock was sold at an average price of $137.13, for a total value of $164,418.87.

Shares of HubSpot stock traded up $3.63 during trading on Monday, hitting $163.35. The stock had a trading volume of 640,861 shares, compared to its average volume of 599,155. The company has a quick ratio of 3.15, a current ratio of 3.15 and a debt-to-equity ratio of 1.37. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of -160.15 and a beta of 1.92. HubSpot Inc has a fifty-two week low of $85.65 and a fifty-two week high of $165.41.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, November 7th. The software maker reported ($0.32) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.37). The firm had revenue of $131.83 million during the quarter, compared to analyst estimates of $126.65 million. HubSpot had a negative net margin of 13.43% and a negative return on equity of 19.13%. The company’s quarterly revenue was up 34.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.03 EPS. Analysts anticipate that HubSpot Inc will post -0.97 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the company. CWM LLC purchased a new stake in shares of HubSpot during the fourth quarter valued at $40,000. First Hawaiian Bank purchased a new stake in shares of HubSpot during the fourth quarter valued at $43,000. DekaBank Deutsche Girozentrale lifted its holdings in shares of HubSpot by 85.6% during the third quarter. DekaBank Deutsche Girozentrale now owns 835 shares of the software maker’s stock valued at $119,000 after purchasing an additional 385 shares during the last quarter. Penserra Capital Management LLC purchased a new stake in shares of HubSpot during the third quarter valued at $160,000. Finally, Harvest Fund Management Co. Ltd purchased a new stake in shares of HubSpot during the third quarter valued at $182,000. 93.77% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have issued reports on HUBS shares. Bank of America reiterated a “buy” rating and set a $185.00 price target (up previously from $180.00) on shares of HubSpot in a research report on Wednesday, January 23rd. Zacks Investment Research upgraded HubSpot from a “hold” rating to a “buy” rating and set a $145.00 price objective for the company in a report on Wednesday, November 14th. Morgan Stanley upped their price objective on HubSpot from $141.00 to $146.00 and gave the company an “equal weight” rating in a report on Thursday, November 8th. Finally, Deutsche Bank assumed coverage on HubSpot in a report on Friday, January 25th. They issued a “hold” rating and a $150.00 price objective for the company. Eight investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $153.35.

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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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