Cwm LLC Takes $40,000 Position in HubSpot Inc (NYSE:HUBS)

CWM LLC acquired a new stake in shares of HubSpot Inc (NYSE:HUBS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 316 shares of the software maker’s stock, valued at approximately $40,000.

Other large investors also recently added to or reduced their stakes in the company. Harbour Capital Advisors LLC lifted its stake in HubSpot by 1.7% in the fourth quarter. Harbour Capital Advisors LLC now owns 12,037 shares of the software maker’s stock worth $1,513,000 after acquiring an additional 198 shares during the period. Strs Ohio lifted its stake in HubSpot by 5.2% in the fourth quarter. Strs Ohio now owns 6,100 shares of the software maker’s stock worth $766,000 after acquiring an additional 300 shares during the period. First Hawaiian Bank purchased a new stake in HubSpot in the fourth quarter worth $43,000. DekaBank Deutsche Girozentrale lifted its stake in HubSpot by 85.6% in the third quarter. DekaBank Deutsche Girozentrale now owns 835 shares of the software maker’s stock worth $119,000 after acquiring an additional 385 shares during the period. Finally, American International Group Inc. lifted its stake in HubSpot by 1.8% in the third quarter. American International Group Inc. now owns 24,054 shares of the software maker’s stock worth $3,631,000 after acquiring an additional 434 shares during the period. 95.01% of the stock is owned by hedge funds and other institutional investors.

In other news, General Counsel John P. Kelleher sold 508 shares of the firm’s stock in a transaction on Tuesday, December 4th. The stock was sold at an average price of $138.54, for a total transaction of $70,378.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel John P. Kelleher sold 389 shares of the firm’s stock in a transaction on Monday, February 4th. The shares were sold at an average price of $160.54, for a total value of $62,450.06. The disclosure for this sale can be found here. Insiders have sold 74,763 shares of company stock valued at $10,819,780 over the last 90 days. Corporate insiders own 9.60% of the company’s stock.

A number of analysts recently commented on HUBS shares. Royal Bank of Canada raised their price target on HubSpot from $138.00 to $147.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 8th. Oppenheimer increased their price objective on HubSpot from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, November 8th. Raymond James increased their price objective on HubSpot from $150.00 to $155.00 and gave the stock an “outperform” rating in a report on Thursday, November 8th. Morgan Stanley increased their price objective on HubSpot from $141.00 to $146.00 and gave the stock an “equal weight” rating in a report on Thursday, November 8th. Finally, Zacks Investment Research reiterated a “hold” rating on shares of HubSpot in a report on Tuesday, November 13th. Nine analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $170.29.

Shares of NYSE:HUBS opened at $168.76 on Friday. HubSpot Inc has a 1-year low of $101.45 and a 1-year high of $180.00. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 1.30. The firm has a market cap of $6.61 billion, a PE ratio of -165.45 and a beta of 1.92.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Tuesday, February 12th. The software maker reported $0.37 earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.54. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. The firm had revenue of $144.02 million during the quarter, compared to the consensus estimate of $137.48 million. During the same period last year, the company earned $0.12 earnings per share. The company’s revenue was up 35.2% on a year-over-year basis. On average, sell-side analysts predict that HubSpot Inc will post -1.09 EPS for the current fiscal year.

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HubSpot Profile

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.