Catalyst Financial Partners LLC Sells 185 Shares of HubSpot, Inc. (NYSE:HUBS)

Catalyst Financial Partners LLC lowered its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 35.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 334 shares of the software maker’s stock after selling 185 shares during the period. Catalyst Financial Partners LLC’s holdings in HubSpot were worth $233,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of HUBS. Wellington Management Group LLP raised its position in HubSpot by 52.2% in the third quarter. Wellington Management Group LLP now owns 1,402,200 shares of the software maker’s stock worth $745,410,000 after acquiring an additional 480,796 shares during the period. International Assets Investment Management LLC grew its stake in HubSpot by 214,342.4% during the third quarter. International Assets Investment Management LLC now owns 126,521 shares of the software maker’s stock valued at $672,590,000 after acquiring an additional 126,462 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in HubSpot by 17.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 571,274 shares of the software maker’s stock valued at $303,689,000 after acquiring an additional 86,688 shares in the last quarter. TimesSquare Capital Management LLC grew its stake in HubSpot by 49.5% during the third quarter. TimesSquare Capital Management LLC now owns 207,842 shares of the software maker’s stock valued at $110,489,000 after acquiring an additional 68,827 shares in the last quarter. Finally, Two Sigma Advisers LP grew its stake in HubSpot by 191.6% during the third quarter. Two Sigma Advisers LP now owns 72,900 shares of the software maker’s stock valued at $38,754,000 after acquiring an additional 47,900 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Insider Activity at HubSpot

In other HubSpot news, CEO Yamini Rangan sold 115 shares of the stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $713.79, for a total value of $82,085.85. Following the sale, the chief executive officer now directly owns 61,179 shares of the company’s stock, valued at $43,668,958.41. This trade represents a 0.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $661.59, for a total value of $5,623,515.00. Following the completion of the sale, the insider now directly owns 513,698 shares in the company, valued at $339,857,459.82. This represents a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 73,112 shares of company stock valued at $51,432,627. Corporate insiders own 4.50% of the company’s stock.

HubSpot Stock Down 0.9 %

NYSE HUBS opened at $812.44 on Friday. The stock has a market cap of $41.94 billion, a PE ratio of -3,008.92, a P/E/G ratio of 43.94 and a beta of 1.72. HubSpot, Inc. has a fifty-two week low of $434.84 and a fifty-two week high of $881.13. The business has a 50 day moving average price of $734.12 and a two-hundred day moving average price of $619.11.

HubSpot (NYSE:HUBS) last announced its earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.18 by ($1.98). HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. Sell-side analysts anticipate that HubSpot, Inc. will post 0.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Jefferies Financial Group lifted their price objective on shares of HubSpot from $860.00 to $900.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Barclays lifted their price objective on shares of HubSpot from $725.00 to $815.00 and gave the company an “equal weight” rating in a report on Thursday. William Blair restated an “outperform” rating on shares of HubSpot in a report on Thursday. Royal Bank of Canada boosted their price objective on shares of HubSpot from $825.00 to $950.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Mizuho boosted their price objective on shares of HubSpot from $725.00 to $775.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. Five research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $857.75.

HubSpot Company Profile

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.