CVA Family Office LLC Buys Shares of 100 HubSpot, Inc. (NYSE:HUBS)

CVA Family Office LLC bought a new stake in shares of HubSpot, Inc. (NYSE:HUBS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 100 shares of the software maker’s stock, valued at approximately $58,000.

Other large investors also recently added to or reduced their stakes in the company. Acropolis Investment Management LLC acquired a new stake in shares of HubSpot in the 4th quarter valued at approximately $116,000. HB Wealth Management LLC raised its position in shares of HubSpot by 3.5% in the 4th quarter. HB Wealth Management LLC now owns 562 shares of the software maker’s stock valued at $326,000 after acquiring an additional 19 shares during the period. Whittier Trust Co. raised its position in shares of HubSpot by 5,150.0% in the 4th quarter. Whittier Trust Co. now owns 105 shares of the software maker’s stock valued at $61,000 after acquiring an additional 103 shares during the period. Bouvel Investment Partners LLC raised its position in shares of HubSpot by 1.9% in the 4th quarter. Bouvel Investment Partners LLC now owns 1,754 shares of the software maker’s stock valued at $1,018,000 after acquiring an additional 32 shares during the period. Finally, Dynamic Advisor Solutions LLC raised its position in shares of HubSpot by 1.4% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 2,205 shares of the software maker’s stock valued at $1,186,000 after acquiring an additional 30 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $555.84, for a total value of $4,724,640.00. Following the completion of the sale, the insider now owns 536,811 shares of the company’s stock, valued at $298,381,026.24. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO Yamini Rangan sold 8,817 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $620.00, for a total transaction of $5,466,540.00. Following the completion of the sale, the chief executive officer now owns 88,977 shares of the company’s stock, valued at $55,165,740. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian Halligan sold 8,500 shares of the company’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $555.84, for a total transaction of $4,724,640.00. Following the sale, the insider now directly owns 536,811 shares of the company’s stock, valued at approximately $298,381,026.24. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,488 shares of company stock valued at $11,527,258. 4.90% of the stock is owned by company insiders.

HubSpot Trading Down 1.4 %

Shares of HubSpot stock opened at $623.04 on Thursday. The firm has a 50-day moving average of $609.73 and a 200-day moving average of $535.55. The stock has a market cap of $31.57 billion, a PE ratio of -175.59 and a beta of 1.59. HubSpot, Inc. has a 52-week low of $390.22 and a 52-week high of $660.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.96 and a current ratio of 1.96.

HubSpot (NYSE:HUBS) last announced its earnings results on Wednesday, February 14th. The software maker reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.22. The company had revenue of $581.91 million during the quarter, compared to analysts’ expectations of $557.48 million. HubSpot had a negative net margin of 8.12% and a negative return on equity of 6.38%. As a group, sell-side analysts forecast that HubSpot, Inc. will post -0.98 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on HUBS shares. Evercore ISI raised their target price on shares of HubSpot from $625.00 to $650.00 and gave the stock an “in-line” rating in a report on Thursday, February 15th. KeyCorp started coverage on shares of HubSpot in a report on Thursday, March 21st. They issued an “underweight” rating and a $520.00 price objective on the stock. Wells Fargo & Company lifted their price objective on shares of HubSpot from $700.00 to $725.00 and gave the company an “overweight” rating in a report on Thursday, February 15th. The Goldman Sachs Group lifted their price objective on shares of HubSpot from $577.00 to $656.00 and gave the company a “buy” rating in a report on Thursday, February 15th. Finally, Piper Sandler lifted their price objective on shares of HubSpot from $630.00 to $675.00 and gave the company an “overweight” rating in a report on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-one have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $628.50.

About HubSpot

HubSpot, Inc, together with its subsidiaries, 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 Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.