Sentiment for HUBSPOT INC (NYSE:HUBS)
HUBSPOT INC (NYSE:HUBS) institutional sentiment decreased to 1.02 in Q3 2018. Its down -0.18, from 1.2 in 2018Q2. The ratio dived, as 104 investment managers started new or increased equity positions, while 102 cut down and sold their positions in HUBSPOT INC. The investment managers in our partner’s database now hold: 36.40 million shares, down from 37.15 million shares in 2018Q2. Also, the number of investment managers holding HUBSPOT INC in their top 10 equity positions was flat from 3 to 3 for the same number . Sold All: 28 Reduced: 74 Increased: 59 New Position: 45.
HubSpot, Inc. provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. The company has market cap of $6.90 billion. The Company’s software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, CRM, analytics, and reporting that enables businesses to attract visitors to their Websites, convert visitors into leads, and close leads into clients and delight customers. It currently has negative earnings. The firm also offers professional, and phone and email support services.
The stock decreased 1.16% or $1.96 during the last trading session, reaching $167.54. About 64,432 shares traded. HubSpot, Inc. (NYSE:HUBS) has risen 59.29% since February 28, 2018 and is uptrending. It has outperformed by 59.29% the S&P500.
Scge Management L.P. holds 11.14% of its portfolio in HubSpot, Inc. for 878,650 shares. Eventide Asset Management Llc owns 350,000 shares or 1.94% of their US portfolio. Moreover, Atika Capital Management Llc has 1.62% invested in the company for 60,000 shares. The New York-based Gilder Gagnon Howe & Co Llc has invested 1.3% in the stock. Norris Perne & French Llp Mi, a Michigan-based fund reported 58,351 shares.
Since January 1, 0001, it had 0 insider buys, and 25 sales for $23.82 million activity.
HubSpot, Inc. (NYSE:HUBS) Ratings Coverage
Ratings analysis reveals 56% of HubSpot’s analysts are positive. Out of 9 Wall Street analysts rating HubSpot, 5 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $141 while the high is $191. The stock’s average target of $168.75 is 0.72% above today’s ($167.54) share price. HUBS was included in 14 notes of analysts from September 6, 2018. Oppenheimer downgraded the shares of HUBS in report on Thursday, January 24 to “Perform” rating. The firm has “Equal-Weight” rating given on Thursday, November 8 by Morgan Stanley. As per Wednesday, February 13, the company rating was maintained by Deutsche Bank. Morgan Stanley maintained it with “Equal-Weight” rating and $148 target in Friday, September 7 report. The company was maintained on Thursday, September 6 by Canaccord Genuity. The stock of HubSpot, Inc. (NYSE:HUBS) has “Buy” rating given on Thursday, September 6 by Stifel Nicolaus. On Wednesday, February 13 the stock rating was maintained by Raymond James with “Outperform”. The stock of HubSpot, Inc. (NYSE:HUBS) has “Equal-Weight” rating given on Tuesday, October 23 by Morgan Stanley. The stock of HubSpot, Inc. (NYSE:HUBS) earned “Outperform” rating by Raymond James on Thursday, November 8. RBC Capital Markets maintained HubSpot, Inc. (NYSE:HUBS) rating on Thursday, November 8. RBC Capital Markets has “Sector Perform” rating and $147 target.
More notable recent HubSpot, Inc. (NYSE:HUBS) news were published by: Globenewswire.com which released: “Market Trends Toward New Normal in HubSpot, Capstone Turbine, Warrior Met Coal, MSG Networks, US Global Investors, and Brady — Emerging Consolidated Expectations, Analyst Ratings – GlobeNewswire” on February 15, 2019, also Fool.com with their article: “HubSpot Inc (HUBS) Q4 2018 Earnings Conference Call Transcript – The Motley Fool” published on February 12, 2019, Prnewswire.com published: “HubSpot Integrates LinkedIn Ads into Professional and Enterprise Tiers of Marketing Hub – PRNewswire” on February 14, 2019. More interesting news about HubSpot, Inc. (NYSE:HUBS) were released by: Benzinga.com and their article: “Hubspot (NYSE:HUBS), Salesforce.com Inc (NYSE:CRM) – Hubspot’s Quarterly Earnings Growth: A Sign Of Good Things To Come? – Benzinga” published on July 26, 2018 as well as Benzinga.com‘s news article titled: “Analysts Commend HubSpot’s Growth, Product Momentum, Lift Price Targets After Q4 Print (NYSE:HUBS) – Benzinga” with publication date: February 13, 2019.