WINTON GROUP Ltd lessened its stake in HubSpot Inc (NYSE:HUBS) by 15.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,739 shares of the software maker’s stock after selling 326 shares during the quarter. WINTON GROUP Ltd’s holdings in HubSpot were worth $219,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the company. Capital Research Global Investors increased its stake 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 buying an additional 1,181,611 shares in the last quarter. TIAA CREF Investment Management LLC increased its stake in HubSpot by 358.0% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 362,839 shares of the software maker’s stock worth $54,771,000 after buying an additional 283,609 shares in the last quarter. Vanguard Group Inc increased its stake 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 buying an additional 95,762 shares in the last quarter. Vanguard Group Inc. increased its stake 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 buying an additional 95,762 shares in the last quarter. Finally, Federated Investors Inc. PA grew its position in shares of HubSpot by 307.1% in the third quarter. Federated Investors Inc. PA now owns 115,128 shares of the software maker’s stock valued at $17,379,000 after purchasing an additional 86,846 shares in the last quarter. 95.01% of the stock is owned by institutional investors and hedge funds.
Shares of HUBS stock opened at $164.56 on Wednesday. The stock has a market cap of $6.69 billion, a price-to-earnings ratio of -161.33 and a beta of 1.92. HubSpot Inc has a 1 year low of $101.45 and a 1 year high of $180.00. The company has a debt-to-equity ratio of 1.30, a quick ratio of 3.01 and a current ratio of 3.01.
HubSpot (NYSE:HUBS) last released its quarterly earnings results 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 firm had revenue of $144.02 million for the quarter, compared to analyst estimates 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 was up 35.2% on a year-over-year basis. During the same quarter last year, the company posted $0.12 earnings per share. Analysts predict that HubSpot Inc will post -1.09 earnings per share for the current year.
A number of equities research analysts have recently issued reports on HUBS shares. Stephens started coverage on HubSpot in a research report on Thursday, January 17th. They issued an “overweight” rating and a $191.00 price target for the company. UBS Group cut HubSpot from an “outperform” rating to a “market perform” rating in a report on Thursday, January 24th. CIBC reiterated a “market perform” rating on shares of HubSpot in a report on Thursday, January 24th. Oppenheimer restated a “market perform” rating on shares of HubSpot in a research note on Thursday, January 24th. Finally, Deutsche Bank initiated coverage on HubSpot in a research note on Friday, January 25th. They set a “hold” rating and a $150.00 price target on the stock. Nine analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $170.29.
In other HubSpot news, General Counsel John P. Kelleher sold 389 shares of HubSpot stock in a transaction that occurred on Monday, February 4th. The shares were sold at an average price of $160.54, for a total value of $62,450.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Hunter Madeley sold 1,138 shares of HubSpot stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $172.75, for a total transaction of $196,589.50. Following the completion of the sale, the insider now directly owns 40,663 shares of the company’s stock, valued at $7,024,533.25. The disclosure for this sale can be found here. In the last 90 days, insiders sold 75,783 shares of company stock valued at $11,013,363. 9.60% of the stock is owned by insiders.
ILLEGAL ACTIVITY WARNING: This story was first reported by Fairfield Current and is owned by of Fairfield Current. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.fairfieldcurrent.com/news/2019/03/06/hubspot-inc-hubs-shares-sold-by-winton-group-ltd.html.
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.
Featured Story: What is the quiet period?
Receive News & Ratings for HubSpot Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for HubSpot and related companies with MarketBeat.com’s FREE daily email newsletter.