HubSpot, Inc. (NYSE:HUBS) CFO John Kinzer sold 15,000 shares of the stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $83.39, for a total transaction of $1,250,850.00. Following the sale, the chief financial officer now owns 87,786 shares of the company’s stock, valued at $7,320,474.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
John Kinzer also recently made the following trade(s):
- On Wednesday, September 27th, John Kinzer sold 10,000 shares of HubSpot stock. The stock was sold at an average price of $78.75, for a total transaction of $787,500.00.
HubSpot, Inc. (NYSE:HUBS) opened at $79.45 on Wednesday. HubSpot, Inc. has a 1-year low of $44.90 and a 1-year high of $88.50. The company has a current ratio of 3.55, a quick ratio of 3.55 and a debt-to-equity ratio of 1.41.
HubSpot (NYSE:HUBS) last released its earnings results on Wednesday, November 1st. The software maker reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.15. HubSpot had a negative net margin of 12.16% and a negative return on equity of 21.93%. The firm had revenue of $97.73 million during the quarter, compared to analyst estimates of $96.50 million. During the same period last year, the business earned ($0.05) earnings per share. The business’s revenue was up 38.4% on a year-over-year basis. research analysts forecast that HubSpot, Inc. will post -0.99 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on HUBS shares. UBS AG reiterated an “outperform” rating and set a $80.00 target price (up from $78.00) on shares of HubSpot in a report on Wednesday, August 9th. Morgan Stanley increased their target price on shares of HubSpot from $90.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, October 23rd. Zacks Investment Research lowered shares of HubSpot from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Needham & Company LLC reiterated a “buy” rating and set a $80.00 target price on shares of HubSpot in a report on Tuesday, September 19th. Finally, Canaccord Genuity increased their target price on shares of HubSpot from $8,398.00 to $98.00 and gave the stock a “buy” rating in a report on Thursday, November 2nd. Two equities research analysts have rated the stock with a hold rating, eighteen have assigned 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 target price of $84.82.
Several hedge funds have recently added to or reduced their stakes in HUBS. ETF Managers Group LLC purchased a new position in shares of HubSpot during the second quarter valued at approximately $110,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of HubSpot by 136.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,720 shares of the software maker’s stock valued at $113,000 after purchasing an additional 994 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of HubSpot by 41.3% during the second quarter. Sei Investments Co. now owns 2,157 shares of the software maker’s stock valued at $142,000 after purchasing an additional 631 shares during the last quarter. Ameritas Investment Partners Inc. lifted its holdings in shares of HubSpot by 18.5% during the second quarter. Ameritas Investment Partners Inc. now owns 2,955 shares of the software maker’s stock valued at $194,000 after purchasing an additional 462 shares during the last quarter. Finally, ETRADE Capital Management LLC bought a new stake in shares of HubSpot during the third quarter valued at approximately $203,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.
HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into customers and delight customers so that they become promoters of those businesses.
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