Equities research analysts at Deutsche Bank assumed coverage on shares of HubSpot (NYSE:HUBS) in a research report issued on Friday, January 25th, The Fly reports. The brokerage set a “hold” rating and a $150.00 price target on the software maker’s stock. Deutsche Bank’s price objective indicates a potential downside of 10.52% from the stock’s current price.
A number of other research analysts also recently commented on the company. Zacks Investment Research raised HubSpot from a “hold” rating to a “buy” rating and set a $145.00 target price on the stock in a report on Wednesday, November 14th. Bank of America increased their target price on HubSpot to $160.00 and gave the stock a “buy” rating in a report on Wednesday, October 17th. Rosenblatt Securities started coverage on HubSpot in a report on Thursday, October 4th. They set a “buy” rating and a $170.00 target price on the stock. UBS Group started coverage on HubSpot in a research report on Thursday, October 4th. They set a “buy” rating on the stock. Finally, Jefferies Financial Group started coverage on HubSpot in a research report on Tuesday, October 2nd. They set a “buy” rating and a $182.00 price target on the stock. 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. The stock currently has an average rating of “Buy” and a consensus price target of $153.35.
Shares of HUBS opened at $167.63 on Friday. The stock has a market capitalization of $6.51 billion, a P/E ratio of -164.34 and a beta of 1.92. HubSpot has a one year low of $92.00 and a one year high of $168.95. The company has a quick ratio of 3.15, a current ratio of 3.15 and a debt-to-equity ratio of 1.37.
In other news, insider Hunter Madeley sold 1,005 shares of the firm’s stock in a transaction on Monday, February 4th. The stock was sold at an average price of $160.54, for a total transaction of $161,342.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Dharmesh Shah sold 27,000 shares of the firm’s stock in a transaction on Thursday, November 15th. The stock was sold at an average price of $125.50, for a total value of $3,388,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 69,630 shares of company stock valued at $8,855,559. 9.60% of the stock is currently owned by corporate insiders.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ffcm LLC bought a new stake in shares of HubSpot during the 4th quarter worth $25,000. CWM LLC bought a new stake in shares of HubSpot during the 4th quarter worth $40,000. First Hawaiian Bank bought a new stake in shares of HubSpot during the 4th quarter worth $43,000. Mckinley Capital Management LLC Delaware bought a new stake in shares of HubSpot during the 4th quarter worth $51,000. Finally, DekaBank Deutsche Girozentrale boosted its stake in shares of HubSpot by 85.6% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 835 shares of the software maker’s stock worth $119,000 after acquiring an additional 385 shares in the last quarter. 93.19% of the stock is owned by institutional investors and hedge funds.
HubSpot Company Profile
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.
Featured Story: Cost of equity and a company’s balance sheet
Receive News & Ratings for HubSpot Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for HubSpot and related companies with MarketBeat.com’s FREE daily email newsletter.