HubSpot Inc (HUBS) Director Sells $570,740.40 in Stock

HubSpot Inc (NYSE:HUBS) Director Ronald S. Gill sold 4,140 shares of the stock in a transaction on Thursday, January 10th. The stock was sold at an average price of $137.86, for a total value of $570,740.40. Following the sale, the director now owns 18,214 shares in the company, valued at approximately $2,510,982.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of HUBS stock opened at $140.00 on Monday. The company has a current ratio of 3.15, a quick ratio of 3.15 and a debt-to-equity ratio of 1.37. HubSpot Inc has a 52-week low of $85.65 and a 52-week high of $162.20. The firm has a market capitalization of $5.43 billion, a P/E ratio of -137.25 and a beta of 1.80.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, November 7th. The software maker reported ($0.32) earnings per share (EPS) for the quarter, missing the Zacks’ 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 during the quarter, compared to analysts’ expectations of $126.65 million. During the same quarter last year, the business posted $0.03 EPS. The company’s quarterly revenue was up 34.9% on a year-over-year basis. On average, analysts predict that HubSpot Inc will post -0.98 EPS for the current year.

Several research firms have issued reports on HUBS. UBS Group began coverage on HubSpot in a research report on Thursday, October 4th. They set a “buy” rating on the stock. Morgan Stanley dropped their target price on HubSpot from $148.00 to $141.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 23rd. Royal Bank of Canada increased their target price on HubSpot from $138.00 to $147.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 8th. Bank of America increased their target price on HubSpot to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Finally, Jefferies Financial Group began coverage on HubSpot in a research report on Tuesday, October 2nd. They set a “buy” rating and a $182.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. HubSpot currently has an average rating of “Buy” and a consensus target price of $147.13.

Hedge funds have recently modified their holdings of the stock. Raymond James & Associates raised its position in shares of HubSpot by 4.0% in the second quarter. Raymond James & Associates now owns 20,444 shares of the software maker’s stock worth $2,564,000 after buying an additional 782 shares in the last quarter. Columbia Partners L.L.C. Investment Management raised its position in shares of HubSpot by 43.9% in the third quarter. Columbia Partners L.L.C. Investment Management now owns 42,292 shares of the software maker’s stock worth $6,383,000 after buying an additional 12,912 shares in the last quarter. Rothschild & Co. Asset Management US Inc. raised its position in shares of HubSpot by 30.3% in the third quarter. Rothschild & Co. Asset Management US Inc. now owns 19,820 shares of the software maker’s stock worth $2,992,000 after buying an additional 4,614 shares in the last quarter. FNY Investment Advisers LLC bought a new position in HubSpot in the third quarter valued at $452,000. Finally, CIBC Asset Management Inc bought a new position in HubSpot in the third quarter valued at $218,000. Institutional investors own 93.62% of the company’s stock.

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HubSpot Company 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.