HubSpot Inc (NYSE:HUBS) insider Hunter Madeley sold 1,005 shares of HubSpot stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $181.00, for a total value of $181,905.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Hunter Madeley also recently made the following trade(s):
- On Tuesday, April 2nd, Hunter Madeley sold 1,238 shares of HubSpot stock. The shares were sold at an average price of $166.75, for a total value of $206,436.50.
- On Monday, March 4th, Hunter Madeley sold 1,138 shares of HubSpot stock. The shares were sold at an average price of $172.75, for a total value of $196,589.50.
- On Monday, February 4th, Hunter Madeley sold 1,005 shares of HubSpot stock. The shares were sold at an average price of $160.54, for a total value of $161,342.70.
HubSpot stock opened at $181.68 on Friday. HubSpot Inc has a one year low of $106.95 and a one year high of $186.96. The company has a market cap of $7.65 billion, a P/E ratio of -178.12 and a beta of 1.91. The company has a current ratio of 4.03, a quick ratio of 3.01 and a debt-to-equity ratio of 0.83.
HubSpot (NYSE:HUBS) last announced its earnings results on Tuesday, May 7th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.24) by $0.10. HubSpot had a negative return on equity of 10.68% and a negative net margin of 10.81%. The company had revenue of $151.80 million for the quarter, compared to analyst estimates of $147.47 million. During the same period in the prior year, the company posted $0.15 EPS. HubSpot’s quarterly revenue was up 32.5% on a year-over-year basis. Sell-side analysts expect that HubSpot Inc will post -0.94 EPS for the current year.
Institutional investors and hedge funds have recently made changes to their positions in the business. American International Group Inc. raised its position in shares of HubSpot by 1.4% in the 4th quarter. American International Group Inc. now owns 24,381 shares of the software maker’s stock valued at $3,065,000 after purchasing an additional 327 shares in the last quarter. Vista Equity Partners Management LLC increased its holdings in shares of HubSpot by 40.5% in the 4th quarter. Vista Equity Partners Management LLC now owns 131,366 shares of the software maker’s stock valued at $16,517,000 after acquiring an additional 37,888 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of HubSpot by 7.3% in the 3rd quarter. Legal & General Group Plc now owns 13,298 shares of the software maker’s stock valued at $2,007,000 after acquiring an additional 904 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new stake in shares of HubSpot in the 4th quarter valued at approximately $8,698,000. Finally, Mckinley Capital Management LLC Delaware bought a new stake in shares of HubSpot in the 4th quarter valued at approximately $51,000. 91.28% of the stock is currently owned by institutional investors.
HUBS has been the topic of several research analyst reports. Zacks Investment Research lowered HubSpot from a “buy” rating to a “hold” rating in a research note on Tuesday, January 29th. Deutsche Bank initiated coverage on HubSpot in a research report on Friday, January 25th. They set a “hold” rating and a $150.00 price target on the stock. Bank of America reissued a “buy” rating and set a $185.00 price target (up from $180.00) on shares of HubSpot in a research report on Wednesday, January 23rd. CIBC reissued a “market perform” rating on shares of HubSpot in a research report on Thursday, January 24th. Finally, Needham & Company LLC reissued a “buy” rating and set a $198.00 price target (up from $145.00) on shares of HubSpot in a research report on Wednesday, February 13th. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price 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.
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