Insider Selling: HubSpot Inc (HUBS) Insider Sells $4,139,500.00 in Stock


HubSpot Inc (NYSE:HUBS) insider J Donald Sherman sold 25,000 shares of the business’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of $165.58, for a total transaction of $4,139,500.00. Following the completion of the sale, the insider now directly owns 116,476 shares of the company’s stock, valued at approximately $19,286,096.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Shares of NYSE:HUBS opened at $166.21 on Friday. The company has a market capitalization of $6.47 billion, a PE ratio of -162.95 and a beta of 1.91. 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 released its quarterly earnings data 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 business had revenue of $144.02 million during the quarter, compared to analysts’ expectations of $137.48 million. HubSpot had a negative net margin of 12.44% and a negative return on equity of 17.08%. The firm’s quarterly revenue was up 35.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.12 EPS. As a group, research analysts expect that HubSpot Inc will post -1.09 EPS for the current year.

A number of research firms have issued reports on HUBS. Stephens started coverage on shares of HubSpot in a report on Thursday, January 17th. They issued an “overweight” rating and a $191.00 price objective for the company. Oppenheimer restated a “market perform” rating on shares of HubSpot in a research report on Thursday, January 24th. UBS Group restated a “hold” rating on shares of HubSpot in a research report on Wednesday, February 13th. Royal Bank of Canada boosted their target price on shares of HubSpot to $167.00 and gave the company a “market perform” rating in a research report on Wednesday, February 13th. Finally, Guggenheim restated a “buy” rating on shares of HubSpot in a research report on Wednesday, March 20th. Eight investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $175.31.

Hedge funds have recently added to or reduced their stakes in the stock. Ffcm LLC acquired a new position in HubSpot during the 4th quarter worth approximately $25,000. Executive Wealth Management LLC acquired a new position in HubSpot during the 4th quarter worth approximately $26,000. CWM LLC acquired a new position in HubSpot during the 4th quarter worth approximately $40,000. First Hawaiian Bank acquired a new position in HubSpot during the 4th quarter worth approximately $43,000. Finally, Mckinley Capital Management LLC Delaware acquired a new position in HubSpot during the 4th quarter worth approximately $51,000. Institutional investors and hedge funds 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.

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