HubSpot Inc (NYSE:HUBS) Insider Sells $196,589.50 in Stock

HubSpot Inc (NYSE:HUBS) insider Hunter Madeley sold 1,138 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $172.75, for a total transaction of $196,589.50. Following the transaction, the insider now directly owns 40,663 shares in the company, valued at approximately $7,024,533.25. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Hunter Madeley also recently made the following trade(s):

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.
On Monday, January 14th, Hunter Madeley sold 1,199 shares of HubSpot stock. The shares were sold at an average price of $137.13, for a total transaction of $164,418.87.

HUBS traded up $3.29 on Tuesday, hitting $169.34. The company had a trading volume of 453,046 shares, compared to its average volume of 639,775. The firm has a market cap of $6.58 billion, a P/E ratio of -166.02 and a beta of 1.91. HubSpot Inc has a 1 year low of $101.45 and a 1 year high of $180.00. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 1.30.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Tuesday, February 12th. The software maker reported $0.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.17) by $0.54. The company had revenue of $144.02 million for the quarter, compared to analyst estimates of $137.48 million. HubSpot had a negative net margin of 12.44% and a negative return on equity of 17.08%. The business’s revenue for the quarter was up 35.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.12 earnings per share. Equities research analysts forecast that HubSpot Inc will post -1.09 earnings per share for the current year.

HUBS has been the topic of several recent research reports. Zacks Investment Research cut shares of HubSpot from a “buy” rating to a “hold” rating in a research report on Tuesday, January 29th. Deutsche Bank initiated coverage on shares of 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 restated a “buy” rating and issued a $185.00 price objective (up from $180.00) on shares of HubSpot in a report on Wednesday, January 23rd. CIBC restated a “market perform” rating on shares of HubSpot in a report on Thursday, January 24th. Finally, Needham & Company LLC restated a “buy” rating and issued a $198.00 price objective (up from $145.00) on shares of HubSpot in a report on Wednesday, February 13th. Eight equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $175.31.

A number of large investors have recently modified their holdings of HUBS. Bank of Montreal Can increased its stake in HubSpot by 34.6% during the third quarter. Bank of Montreal Can now owns 19,930 shares of the software maker’s stock worth $3,009,000 after purchasing an additional 5,126 shares during the period. CIBC Asset Management Inc purchased a new stake in HubSpot during the third quarter worth about $218,000. Los Angeles Capital Management & Equity Research Inc. increased its stake in HubSpot by 69.4% during the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 20,385 shares of the software maker’s stock worth $3,077,000 after purchasing an additional 8,350 shares during the period. Penserra Capital Management LLC purchased a new stake in HubSpot during the third quarter worth about $160,000. Finally, SG Americas Securities LLC increased its stake in HubSpot by 118.4% during the third quarter. SG Americas Securities LLC now owns 6,055 shares of the software maker’s stock worth $914,000 after purchasing an additional 3,283 shares during the period. Institutional investors own 95.68% 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. 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.