HubSpot Inc (NYSE:HUBS) General Counsel John P. Kelleher Sells 390 Shares

HubSpot Inc (NYSE:HUBS) General Counsel John P. Kelleher sold 390 shares of the company’s stock in a transaction dated 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 SEC, which is accessible through this hyperlink.

NYSE:HUBS opened at $181.68 on Monday. The company has a debt-to-equity ratio of 0.83, a current ratio of 4.03 and a quick ratio of 3.01. The company has a market cap of $7.65 billion, a P/E ratio of -178.12 and a beta of 1.91. HubSpot Inc has a fifty-two week low of $106.95 and a fifty-two week high of $186.96.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Tuesday, May 7th. The software maker reported ($0.14) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.24) by $0.10. HubSpot had a negative net margin of 10.81% and a negative return on equity of 10.68%. The company had revenue of $151.80 million during the quarter, compared to analysts’ expectations of $147.47 million. During the same quarter last year, the company posted $0.15 EPS. The firm’s revenue was up 32.5% compared to the same quarter last year. As a group, equities analysts forecast that HubSpot Inc will post -0.94 EPS for the current year.

Hedge funds have recently modified their holdings of the business. Ffcm LLC purchased a new stake in shares of HubSpot during the 4th quarter worth $25,000. Executive Wealth Management LLC acquired a new stake in HubSpot during the 4th quarter worth $26,000. Sageworth Trust Co acquired a new stake in HubSpot during the 1st quarter worth $38,000. CWM LLC acquired a new stake in HubSpot during the 4th quarter worth $40,000. Finally, Meeder Asset Management Inc. acquired a new stake in HubSpot during the 1st quarter worth $53,000. 91.28% of the stock is owned by institutional investors.

HUBS has been the subject of a number of recent research reports. Stephens initiated coverage on shares of HubSpot in a report on Thursday, January 17th. They issued an “overweight” rating and a $191.00 price objective for the company. UBS Group downgraded shares of HubSpot from an “outperform” rating to a “market perform” rating in a report on Thursday, January 24th. CIBC restated a “market perform” rating on shares of HubSpot in a report on Thursday, January 24th. Guggenheim restated a “buy” rating on shares of HubSpot in a report on Wednesday, March 20th. Finally, Oppenheimer restated a “market perform” rating on shares of HubSpot in a report on Thursday, January 24th. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. HubSpot currently has a consensus rating of “Buy” and an average price target of $187.53.

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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. 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.