HubSpot Inc (NYSE:HUBS) was the target of unusually large options trading on Tuesday. Traders bought 4,231 put options on the company. This represents an increase of approximately 1,256% compared to the typical volume of 312 put options.
Shares of NYSE HUBS opened at $169.50 on Thursday. The company has a market capitalization of $6.69 billion, a PE ratio of -166.18 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 has a twelve month low of $101.45 and a twelve month high of $180.00.
HubSpot (NYSE:HUBS) last announced its earnings results on Tuesday, February 12th. The software maker reported $0.37 earnings per share for the quarter, beating the 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 for the quarter was up 35.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.12 EPS. On average, equities analysts forecast that HubSpot will post -1.09 EPS for the current year.
HUBS has been the subject of several recent analyst reports. Zacks Investment Research upgraded HubSpot from a “hold” rating to a “buy” rating and set a $170.00 target price for the company in a research note on Monday, January 28th. Raymond James increased their price objective on HubSpot from $155.00 to $181.00 and gave the company an “outperform” rating in a research report on Wednesday, February 13th. Deutsche Bank lifted their target price on HubSpot from $150.00 to $168.00 and gave the company a “hold” rating in a research report on Wednesday, February 13th. Needham & Company LLC reiterated a “buy” rating and set a $198.00 price target (up from $145.00) on shares of HubSpot in a report on Wednesday, February 13th. Finally, Canaccord Genuity upped their price target on shares of HubSpot from $160.00 to $190.00 and gave the company a “buy” rating in a research report on Wednesday, February 13th. Nine equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. HubSpot has an average rating of “Buy” and a consensus target price of $170.29.
In other news, Director Ronald S. Gill sold 4,133 shares of the business’s stock in a transaction dated Monday, February 11th. The shares were sold at an average price of $166.92, for a total transaction of $689,880.36. Following the transaction, the director now owns 18,207 shares of the company’s stock, valued at approximately $3,039,112.44. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Dharmesh Shah sold 28,000 shares of the firm’s stock in a transaction on 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 transaction, the insider now owns 1,545,145 shares of the company’s stock, valued at approximately $257,312,996.85. The disclosure for this sale can be found here. Insiders have sold 74,763 shares of company stock valued at $10,819,780 in the last quarter. 9.60% of the stock is currently owned by corporate insiders.
Several large investors have recently made changes to their positions in HUBS. Ffcm LLC acquired a new stake in shares of HubSpot in the 4th quarter worth about $25,000. Executive Wealth Management LLC purchased a new position in shares of HubSpot in the fourth quarter valued at about $26,000. CWM LLC bought a new stake in HubSpot during the fourth quarter worth about $40,000. First Hawaiian Bank bought a new position in shares of HubSpot in the fourth quarter worth approximately $43,000. Finally, Mckinley Capital Management LLC Delaware purchased a new position in shares of HubSpot during the fourth quarter valued at approximately $51,000. Institutional investors own 95.01% of the company’s stock.
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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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