HubSpot (NYSE:HUBS)‘s stock had its “market perform” rating reiterated by research analysts at Oppenheimer in a note issued to investors on Thursday, January 24th, MarketBeat Ratings reports.
A number of other research analysts have also weighed in on the company. Stephens initiated coverage on HubSpot in a research report on Thursday, January 17th. They set an “overweight” rating and a $191.00 price objective for the company. Morgan Stanley cut their target price on HubSpot from $148.00 to $141.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 23rd. Jefferies Financial Group initiated coverage on HubSpot in a research note on Tuesday, October 2nd. They set a “buy” rating and a $182.00 target price on the stock. Bank of America increased their target price on HubSpot to $160.00 and gave the company a “buy” rating in a research note on Wednesday, October 17th. Finally, UBS Group initiated coverage on HubSpot in a research note on Thursday, October 4th. They set a “buy” rating on the stock. 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 stock. The stock has a consensus rating of “Buy” and an average price target of $153.35.
HUBS stock opened at $165.44 on Thursday. HubSpot has a twelve month low of $85.65 and a twelve month high of $166.07. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.15 and a quick ratio of 3.15. The company has a market cap of $6.49 billion, a P/E ratio of -162.20 and a beta of 1.92.
In other HubSpot news, Director Ronald S. Gill sold 4,140 shares of the firm’s stock in a transaction dated Monday, December 10th. The stock was sold at an average price of $128.15, for a total transaction of $530,541.00. Following the sale, the director now directly owns 18,214 shares of the company’s stock, valued at $2,334,124.10. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Hunter Madeley sold 1,005 shares of the firm’s stock in a transaction dated Monday, February 4th. The shares were sold at an average price of $160.54, for a total value of $161,342.70. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 69,630 shares of company stock worth $8,855,559. Company insiders own 9.60% of the company’s stock.
A number of large investors have recently bought and sold shares of the business. Ffcm LLC bought a new stake in HubSpot during the fourth quarter valued at about $25,000. Harbour Capital Advisors LLC raised its holdings in HubSpot by 1.7% during the fourth quarter. Harbour Capital Advisors LLC now owns 12,037 shares of the software maker’s stock valued at $1,513,000 after acquiring an additional 198 shares during the period. CIBC Private Wealth Group LLC increased its holdings in shares of HubSpot by 13.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,734 shares of the software maker’s stock worth $218,000 after purchasing an additional 200 shares during the last quarter. Strs Ohio increased its holdings in shares of HubSpot by 5.2% in the fourth quarter. Strs Ohio now owns 6,100 shares of the software maker’s stock worth $766,000 after purchasing an additional 300 shares during the last quarter. Finally, CWM LLC bought a new stake in shares of HubSpot in the fourth quarter worth about $40,000. 93.77% of the stock is currently owned by institutional investors and hedge funds.
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.
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