Moody Lynn & Lieberson LLC cut its position in shares of HubSpot Inc (NYSE:HUBS) by 2.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,576 shares of the software maker’s stock after selling 107 shares during the period. Moody Lynn & Lieberson LLC’s holdings in HubSpot were worth $761,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HUBS. Ffcm LLC bought a new stake in shares of HubSpot during the fourth quarter valued at approximately $25,000. Executive Wealth Management LLC bought a new stake in shares of HubSpot during the fourth quarter valued at approximately $26,000. Sageworth Trust Co bought a new stake in HubSpot in the first quarter valued at $38,000. CWM LLC bought a new stake in HubSpot in the fourth quarter valued at $40,000. Finally, First Hawaiian Bank bought a new stake in HubSpot in the fourth quarter valued at $43,000. Institutional investors and hedge funds own 96.78% of the company’s stock.
Shares of HUBS stock traded up $3.29 during trading hours on Tuesday, hitting $166.31. 310,094 shares of the company’s stock were exchanged, compared to its average volume of 577,692. The company has a debt-to-equity ratio of 1.30, a quick ratio of 3.01 and a current ratio of 3.01. The stock has a market capitalization of $6.46 billion, a PE ratio of -163.05 and a beta of 1.90. HubSpot Inc has a 52 week low of $101.45 and a 52 week high of $180.00.
HubSpot (NYSE:HUBS) last announced its earnings results on Tuesday, February 12th. The software maker reported $0.37 EPS for the quarter, topping the consensus estimate of ($0.17) by $0.54. The company had revenue of $144.02 million for the quarter, compared to analysts’ expectations of $137.48 million. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. The business’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.12 earnings per share. As a group, analysts forecast that HubSpot Inc will post -1.09 earnings per share for the current fiscal year.
In other news, insider Hunter Madeley sold 1,005 shares of the company’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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, General Counsel John P. Kelleher sold 389 shares of the company’s stock in a transaction on Monday, February 4th. The shares were sold at an average price of $160.54, for a total value of $62,450.06. The disclosure for this sale can be found here. Insiders have sold 87,895 shares of company stock worth $14,671,594 in the last 90 days. Company insiders own 9.60% of the company’s stock.
A number of brokerages have weighed in on HUBS. Stephens began coverage on HubSpot in a research report on Thursday, January 17th. They issued an “overweight” rating and a $191.00 price target on the stock. Oppenheimer reiterated a “market perform” rating on shares of HubSpot in a research report on Thursday, January 24th. UBS Group reiterated a “hold” rating on shares of HubSpot in a research report on Wednesday, February 13th. Royal Bank of Canada upped their price target on HubSpot to $167.00 and gave the company a “market perform” rating in a research report on Wednesday, February 13th. Finally, Guggenheim reiterated a “buy” rating on shares of HubSpot in a research report on Wednesday, March 20th. Eight research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $175.69.
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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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