HubSpot Inc (NYSE:HUBS) insider Hunter Madeley sold 1,199 shares of the company’s stock in a transaction that occurred on Monday, January 14th. The stock was sold at an average price of $137.13, for a total value of $164,418.87. Following the transaction, the insider now directly owns 35,526 shares in the company, valued at $4,871,680.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Hunter Madeley also recently made the following trade(s):
- On Thursday, November 1st, Hunter Madeley sold 1,000 shares of HubSpot stock. The stock was sold at an average price of $137.61, for a total value of $137,610.00.
Shares of HubSpot stock opened at $144.94 on Thursday. HubSpot Inc has a 12-month low of $85.65 and a 12-month high of $162.20. 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 (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, November 7th. The software maker reported ($0.32) earnings per share (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 company had revenue of $131.83 million for the quarter, compared to the consensus estimate of $126.65 million. During the same quarter last year, the company posted $0.03 EPS. The company’s quarterly revenue was up 34.9% compared to the same quarter last year. On average, equities analysts expect that HubSpot Inc will post -0.98 EPS for the current year.
A number of equities analysts have recently weighed in on the company. Zacks Investment Research raised HubSpot from a “hold” rating to a “buy” rating and set a $158.00 target price on the stock in a research report on Tuesday. Morgan Stanley upped their target price on HubSpot from $141.00 to $146.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 8th. Raymond James upped 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. Oppenheimer upped their target price on HubSpot from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Thursday, November 8th. Finally, Royal Bank of Canada upped 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. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. HubSpot presently has a consensus rating of “Buy” and a consensus price target of $148.00.
A number of institutional investors have recently made changes to their positions in the stock. Raymond James & Associates grew its stake in HubSpot by 4.0% in the 2nd quarter. Raymond James & Associates now owns 20,444 shares of the software maker’s stock valued at $2,564,000 after purchasing an additional 782 shares during the period. Columbia Partners L.L.C. Investment Management grew its stake in HubSpot by 43.9% in the 3rd quarter. Columbia Partners L.L.C. Investment Management now owns 42,292 shares of the software maker’s stock valued at $6,383,000 after purchasing an additional 12,912 shares during the period. FNY Investment Advisers LLC bought a new position in HubSpot in the 3rd quarter valued at $452,000. Rothschild & Co. Asset Management US Inc. grew its stake in HubSpot by 30.3% in the 3rd quarter. Rothschild & Co. Asset Management US Inc. now owns 19,820 shares of the software maker’s stock valued at $2,992,000 after purchasing an additional 4,614 shares during the period. Finally, CIBC Asset Management Inc bought a new position in HubSpot in the 3rd quarter valued at $218,000. Institutional investors and hedge funds own 93.63% 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.
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