Moody Lynn & Lieberson LLC lowered its position in HubSpot Inc (NYSE:HUBS) by 2.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,576 shares of the software maker’s stock after selling 107 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in HubSpot were worth $761,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Ffcm LLC purchased a new position in shares of HubSpot in the fourth quarter valued at $25,000. Executive Wealth Management LLC purchased a new stake in HubSpot during the 4th quarter worth approximately $26,000. Sageworth Trust Co purchased a new stake in HubSpot during the 1st quarter worth approximately $38,000. CWM LLC purchased a new stake in HubSpot during the 4th quarter worth approximately $40,000. Finally, First Hawaiian Bank purchased a new stake in HubSpot during the 4th quarter worth approximately $43,000. Institutional investors and hedge funds own 91.28% of the company’s stock.
In related news, General Counsel John P. Kelleher sold 390 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $181.00, for a total transaction of $70,590.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Dharmesh Shah sold 28,000 shares of the business’s stock in a transaction that occurred on Friday, February 15th. The shares were sold at an average price of $166.53, for a total value of $4,662,840.00. Following the transaction, the insider now owns 1,545,145 shares of the company’s stock, valued at approximately $257,312,996.85. The disclosure for this sale can be found here. Insiders have sold a total of 87,896 shares of company stock valued at $14,700,297 in the last 90 days. Insiders own 9.60% of the company’s stock.
Several equities research analysts have issued reports on the company. Piper Jaffray Companies lifted their price objective on HubSpot from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, April 30th. Royal Bank of Canada lifted their price objective on HubSpot from $167.00 to $187.00 and gave the stock a “sector perform” rating in a report on Monday. Morgan Stanley lifted their price objective on HubSpot from $160.00 to $175.00 and gave the stock an “equal weight” rating in a report on Wednesday. Deutsche Bank lifted their price objective on HubSpot from $168.00 to $180.00 and gave the stock a “hold” rating in a report on Wednesday. Finally, Bank of America lifted their price objective on HubSpot from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Wednesday, February 13th. Eight research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. HubSpot presently has an average rating of “Buy” and a consensus price target of $180.71.
Shares of NYSE HUBS opened at $181.92 on Wednesday. HubSpot Inc has a twelve month low of $106.95 and a twelve month high of $186.96. 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 company has a market capitalization of $7.75 billion, a PE ratio of -178.35 and a beta of 1.91.
HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Tuesday, May 7th. The software maker reported ($0.14) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.24) by $0.10. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. The business had revenue of $151.80 million during the quarter, compared to the consensus estimate of $147.47 million. During the same period in the previous year, the business earned $0.15 EPS. The business’s quarterly revenue was up 32.5% on a year-over-year basis. On average, equities analysts forecast that HubSpot Inc will post -1.1 EPS for the current 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. The company’s software platform includes integrated applications, such as customer relationship management, search engine optimization, blogging, Website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.
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