HubSpot Inc (NYSE:HUBS) Insider Sells $181,905.00 in Stock

HubSpot Inc (NYSE:HUBS) insider Hunter Madeley sold 1,005 shares of the firm’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $181.00, for a total transaction of $181,905.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 transaction 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 transaction 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 transaction of $161,342.70.

Shares of NYSE HUBS opened at $187.58 on Monday. The company has a market capitalization of $7.90 billion, a PE ratio of -183.90 and a beta of 1.91. HubSpot Inc has a 52-week low of $108.39 and a 52-week high of $192.49. The company has a debt-to-equity ratio of 0.83, a quick ratio of 4.03 and a current ratio of 4.03.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Tuesday, May 7th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.24) by $0.10. The firm had revenue of $151.80 million for the quarter, compared to the consensus estimate of $147.47 million. HubSpot had a negative net margin of 10.81% and a negative return on equity of 10.68%. The company’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.15 EPS. On average, equities research analysts expect that HubSpot Inc will post -0.86 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in HUBS. Dimensional Fund Advisors LP lifted its position in shares of HubSpot by 11.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 61,990 shares of the software maker’s stock valued at $9,357,000 after acquiring an additional 6,320 shares during the period. Advisors Asset Management Inc. acquired a new position in shares of HubSpot during the 3rd quarter valued at $507,000. AQR Capital Management LLC lifted its position in shares of HubSpot by 32.7% during the 3rd quarter. AQR Capital Management LLC now owns 19,407 shares of the software maker’s stock valued at $2,929,000 after acquiring an additional 4,781 shares during the period. Neuberger Berman Group LLC lifted its position in shares of HubSpot by 35.2% during the 3rd quarter. Neuberger Berman Group LLC now owns 11,130 shares of the software maker’s stock valued at $1,680,000 after acquiring an additional 2,900 shares during the period. Finally, Teachers Advisors LLC lifted its position in shares of HubSpot by 30.6% during the 3rd quarter. Teachers Advisors LLC now owns 239,428 shares of the software maker’s stock valued at $36,142,000 after acquiring an additional 56,112 shares during the period. Institutional investors own 91.11% of the company’s stock.

Several brokerages recently issued reports on HUBS. Piper Jaffray Companies lifted their price target on shares of HubSpot from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, April 30th. Royal Bank of Canada lifted their price target on shares of HubSpot from $167.00 to $187.00 and gave the company a “sector perform” rating in a report on Monday, May 6th. Morgan Stanley lifted their price target on shares of HubSpot from $160.00 to $175.00 and gave the company an “equal weight” rating in a report on Wednesday, May 8th. Deutsche Bank lifted their price target on shares of HubSpot from $168.00 to $180.00 and gave the company a “hold” rating in a report on Wednesday, May 8th. Finally, Stephens set a $198.00 price target on shares of HubSpot and gave the company a “buy” rating in a report on Wednesday, May 8th. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. HubSpot has a consensus rating of “Buy” and an average target price of $187.53.

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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. 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.