HubSpot, Inc. (NYSE:HUBS) insider Yamini Rangan sold 2,106 shares of the business’s stock in a transaction on Tuesday, April 6th. The stock was sold at an average price of $468.60, for a total transaction of $986,871.60. Following the transaction, the insider now directly owns 52,216 shares in the company, valued at $24,468,417.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of NYSE HUBS opened at $485.00 on Thursday. HubSpot, Inc. has a 1-year low of $129.00 and a 1-year high of $547.47. The firm has a market capitalization of $22.47 billion, a PE ratio of -267.95 and a beta of 1.78. The business’s fifty day moving average price is $478.91 and its two-hundred day moving average price is $392.92. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.65 and a quick ratio of 3.65.
HubSpot (NYSE:HUBS) last released its earnings results on Thursday, February 11th. The software maker reported $0.40 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.42) by $0.82. HubSpot had a negative net margin of 9.78% and a negative return on equity of 4.76%. The firm had revenue of $252.07 million for the quarter, compared to analysts’ expectations of $236.36 million. Equities research analysts expect that HubSpot, Inc. will post -1.36 earnings per share for the current fiscal year.
HUBS has been the subject of a number of recent analyst reports. Citigroup lifted their price target on shares of HubSpot from $425.00 to $545.00 and gave the stock a “buy” rating in a research note on Friday, February 12th. Raymond James raised HubSpot from an “outperform” rating to a “strong-buy” rating and lifted their target price for the stock from $365.00 to $725.00 in a research report on Friday, February 12th. Piper Sandler boosted their price target on HubSpot from $488.00 to $600.00 and gave the stock an “overweight” rating in a research note on Friday, February 12th. Cowen raised their price objective on HubSpot from $400.00 to $510.00 in a research note on Friday, February 12th. Finally, Mizuho raised HubSpot from a “neutral” rating to a “buy” rating and upped their target price for the company from $360.00 to $525.00 in a research report on Friday, February 12th. One investment analyst has rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. HubSpot currently has an average rating of “Buy” and a consensus price target of $457.57.
Several hedge funds and other institutional investors have recently bought and sold shares of HUBS. DekaBank Deutsche Girozentrale purchased a new stake in HubSpot in the 4th quarter worth approximately $1,045,000. TRU Independence Asset Management 2 LLC acquired a new stake in HubSpot during the fourth quarter valued at $156,000. Encompass Wealth Advisors LLC purchased a new position in HubSpot in the fourth quarter valued at about $156,000. Amundi Pioneer Asset Management Inc. raised its stake in shares of HubSpot by 2,070.8% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 121,413 shares of the software maker’s stock worth $48,133,000 after purchasing an additional 115,820 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of HubSpot in the 4th quarter valued at approximately $1,731,000. 89.84% of the stock is owned by institutional investors and hedge funds.
HubSpot, Inc provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes marketing, sales, service, and content management systems, as well as integrated applications, such as 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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