HubSpot Inc (NYSE:HUBS) General Counsel John P. Kelleher sold 389 shares of the company’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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
HUBS traded up $3.54 during midday trading on Friday, reaching $171.92. The company had a trading volume of 670,840 shares, compared to its average volume of 673,127. 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 stock has a market cap of $6.75 billion, a price-to-earnings ratio of -168.55 and a beta of 1.92. HubSpot Inc has a 1 year low of $101.45 and a 1 year high of $180.00.
HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Tuesday, February 12th. The software maker reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.54. The business had revenue of $144.02 million during the quarter, compared to analysts’ expectations of $137.48 million. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. The business’s quarterly revenue was up 35.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.12 earnings per share. On average, equities analysts anticipate that HubSpot Inc will post -1.09 earnings per share for the current fiscal year.
A number of research firms recently commented on HUBS. Stifel Nicolaus upped their price objective on HubSpot from $160.00 to $185.00 and gave the company a “buy” rating in a research report on Wednesday, February 13th. Royal Bank of Canada upped their price objective on HubSpot to $167.00 and gave the company a “market perform” rating in a research report on Wednesday, February 13th. JPMorgan Chase & Co. upped their price objective on HubSpot to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, February 13th. Jefferies Financial Group upped their price objective on HubSpot to $200.00 and gave the company a “buy” rating in a research report on Wednesday, February 13th. Finally, Raymond James upped their price objective on HubSpot from $155.00 to $181.00 and gave the company an “outperform” rating in a research report on Wednesday, February 13th. Nine equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $170.29.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in HUBS. Ffcm LLC bought a new position in shares of HubSpot in the fourth quarter worth about $25,000. Executive Wealth Management LLC bought a new position in shares of HubSpot in the fourth quarter worth about $26,000. CWM LLC bought a new position in shares of HubSpot in the fourth quarter worth about $40,000. First Hawaiian Bank bought a new position in shares of HubSpot in the fourth quarter worth about $43,000. Finally, Mckinley Capital Management LLC Delaware bought a new position in shares of HubSpot in the fourth quarter worth about $51,000. 95.01% of the stock is owned by hedge funds and other institutional investors.
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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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