Hunter Madeley Sells 1,138 Shares of HubSpot Inc (NYSE:HUBS) Stock

HubSpot Inc (NYSE:HUBS) insider Hunter Madeley sold 1,138 shares of HubSpot stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $172.75, for a total value of $196,589.50. Following the completion of the transaction, the insider now owns 40,663 shares in the company, valued at approximately $7,024,533.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 stock was sold at an average price of $160.54, for a total value of $161,342.70.
On Monday, January 14th, Hunter Madeley sold 1,199 shares of HubSpot stock. The stock was sold at an average price of $137.13, for a total value of $164,418.87.

Shares of HUBS stock traded down $6.09 on Wednesday, hitting $161.60. 409,361 shares of the stock were exchanged, compared to its average volume of 625,440. The company has a debt-to-equity ratio of 1.30, a quick ratio of 3.01 and a current ratio of 3.01. HubSpot Inc has a one year low of $101.45 and a one year high of $180.00. The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of -158.43 and a beta of 1.91.

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

Several analysts have recently weighed in on HUBS shares. Zacks Investment Research cut HubSpot from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th. Deutsche Bank assumed coverage on HubSpot in a research note on Friday, January 25th. They issued a “hold” rating and a $150.00 price target on the stock. Bank of America reissued a “buy” rating and issued a $185.00 price target (up from $180.00) on shares of HubSpot in a research note on Wednesday, January 23rd. CIBC reissued a “market perform” rating on shares of HubSpot in a research note on Thursday, January 24th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $198.00 target price (up from $145.00) on shares of HubSpot in a research report on Wednesday, February 13th. Eight research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $175.31.

Several hedge funds have recently modified their holdings of the company. American International Group Inc. lifted its stake in shares of HubSpot by 1.4% in the 4th quarter. American International Group Inc. now owns 24,381 shares of the software maker’s stock valued at $3,065,000 after purchasing an additional 327 shares during the period. Legal & General Group Plc lifted its stake in shares of HubSpot by 7.3% in the 3rd quarter. Legal & General Group Plc now owns 13,298 shares of the software maker’s stock valued at $2,007,000 after purchasing an additional 904 shares during the period. Massachusetts Financial Services Co. MA purchased a new position in shares of HubSpot in the 4th quarter valued at approximately $8,698,000. Mckinley Capital Management LLC Delaware purchased a new position in shares of HubSpot in the 4th quarter valued at approximately $51,000. Finally, MetLife Investment Advisors LLC lifted its stake in shares of HubSpot by 50.2% in the 3rd quarter. MetLife Investment Advisors LLC now owns 24,742 shares of the software maker’s stock valued at $3,735,000 after purchasing an additional 8,264 shares during the period. Hedge funds and other institutional investors own 96.77% 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.