HubSpot Inc (NYSE:HUBS) Insider Sells $4,662,840.00 in Stock


HubSpot Inc (NYSE:HUBS) insider Dharmesh Shah sold 28,000 shares of HubSpot stock in a transaction dated 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 completion of the sale, the insider now owns 1,545,145 shares of the company’s stock, valued at approximately $257,312,996.85. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of HUBS opened at $168.38 on Friday. The firm has a market cap of $6.71 billion, a P/E ratio of -165.08 and a beta of 1.92. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 1.30. HubSpot Inc has a 12 month low of $101.45 and a 12 month high of $180.00.

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

A number of hedge funds have recently made changes to their positions in the business. Advisor Group Inc. boosted its position in HubSpot by 10.3% during the 4th quarter. Advisor Group Inc. now owns 1,060 shares of the software maker’s stock worth $133,000 after acquiring an additional 99 shares during the period. Ffcm LLC acquired a new stake in shares of HubSpot in the fourth quarter valued at $25,000. Harbour Capital Advisors LLC lifted its holdings in shares of HubSpot by 1.7% in the fourth quarter. Harbour Capital Advisors LLC now owns 12,037 shares of the software maker’s stock valued at $1,513,000 after buying an additional 198 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in shares of HubSpot by 13.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,734 shares of the software maker’s stock valued at $218,000 after buying an additional 200 shares during the period. Finally, Executive Wealth Management LLC acquired a new stake in shares of HubSpot in the fourth quarter valued at $26,000. Institutional investors own 95.01% of the company’s stock.

Several equities analysts have recently weighed in on HUBS shares. Royal Bank of Canada lifted their price objective on HubSpot from $138.00 to $147.00 and gave the company a “sector perform” rating in a research note on Thursday, November 8th. Oppenheimer lifted their price objective on HubSpot from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Thursday, November 8th. Raymond James boosted their price target on HubSpot from $150.00 to $155.00 and gave the stock an “outperform” rating in a research report on Thursday, November 8th. Morgan Stanley boosted their price target on HubSpot from $141.00 to $146.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 8th. Finally, Zacks Investment Research reissued a “hold” rating on shares of HubSpot in a research report on Tuesday, November 13th. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. HubSpot presently has an average rating of “Buy” and a consensus price target of $170.29.

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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. Its software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, sales productivity, CRM, analytics, and reporting.

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