John P. Kelleher Sells 972 Shares of HubSpot Inc (HUBS) Stock

HubSpot Inc (NYSE:HUBS) General Counsel John P. Kelleher sold 972 shares of the business’s stock in a transaction dated Thursday, January 3rd. The shares were sold at an average price of $122.60, for a total transaction of $119,167.20. Following the completion of the sale, the general counsel now directly owns 39,659 shares of the company’s stock, valued at approximately $4,862,193.40. 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 $136.84 on Wednesday. The company has a market capitalization of $4.97 billion, a PE ratio of -134.16 and a beta of 1.80. The company has a quick ratio of 3.15, a current ratio of 3.15 and a debt-to-equity ratio of 1.37. HubSpot Inc has a 12 month low of $85.65 and a 12 month high of $162.20.

HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, November 7th. The software maker reported ($0.32) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.37). The firm had revenue of $131.83 million during the quarter, compared to analyst estimates of $126.65 million. HubSpot had a negative net margin of 13.43% and a negative return on equity of 19.13%. HubSpot’s quarterly revenue was up 34.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.03 earnings per share. As a group, research analysts expect that HubSpot Inc will post -0.98 EPS for the current year.

A number of analysts have issued reports on the stock. UBS Group assumed coverage on shares of HubSpot in a report on Thursday, October 4th. They issued a “buy” rating for the company. Morgan Stanley cut their price objective on shares of HubSpot from $148.00 to $141.00 and set an “equal weight” rating for the company in a report on Tuesday, October 23rd. Royal Bank of Canada boosted their price objective on shares of HubSpot from $138.00 to $147.00 and gave the company a “sector perform” rating in a report on Thursday, November 8th. Bank of America boosted their price objective on shares of HubSpot to $160.00 and gave the company a “buy” rating in a report on Wednesday, October 17th. Finally, Jefferies Financial Group assumed coverage on shares of HubSpot in a report on Tuesday, October 2nd. They issued a “buy” rating and a $182.00 price objective for the company. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. HubSpot has a consensus rating of “Buy” and a consensus price target of $147.13.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of HubSpot by 3.1% in the 3rd quarter. Vanguard Group Inc. now owns 3,171,764 shares of the software maker’s stock valued at $478,778,000 after buying an additional 95,762 shares in the last quarter. Vanguard Group Inc increased its position in HubSpot by 3.1% during the 3rd quarter. Vanguard Group Inc now owns 3,171,764 shares of the software maker’s stock worth $478,778,000 after purchasing an additional 95,762 shares in the last quarter. Capital Research Global Investors increased its position in HubSpot by 164.5% during the 3rd quarter. Capital Research Global Investors now owns 1,900,059 shares of the software maker’s stock worth $286,814,000 after purchasing an additional 1,181,611 shares in the last quarter. Jennison Associates LLC increased its position in HubSpot by 8.1% during the 3rd quarter. Jennison Associates LLC now owns 943,422 shares of the software maker’s stock worth $142,410,000 after purchasing an additional 70,430 shares in the last quarter. Finally, Scge Management L.P. increased its position in HubSpot by 10.4% during the 3rd quarter. Scge Management L.P. now owns 878,650 shares of the software maker’s stock worth $132,632,000 after purchasing an additional 83,000 shares in the last quarter. Institutional investors own 93.62% 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. 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.