Regal Investment Advisors LLC Has $999,000 Holdings in HubSpot, Inc. (NYSE:HUBS)

Regal Investment Advisors LLC lifted its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 11.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,434 shares of the software maker’s stock after buying an additional 149 shares during the quarter. Regal Investment Advisors LLC’s holdings in HubSpot were worth $999,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of HUBS. Norges Bank acquired a new stake in HubSpot in the fourth quarter worth $420,345,000. Raymond James Financial Inc. acquired a new stake in shares of HubSpot in the 4th quarter valued at about $157,019,000. Wealthfront Advisers LLC increased its position in HubSpot by 3,090.2% in the 4th quarter. Wealthfront Advisers LLC now owns 133,543 shares of the software maker’s stock valued at $93,049,000 after buying an additional 129,357 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in HubSpot in the 4th quarter valued at about $79,135,000. Finally, Alliancebernstein L.P. raised its stake in HubSpot by 61.9% during the 4th quarter. Alliancebernstein L.P. now owns 286,327 shares of the software maker’s stock worth $199,504,000 after buying an additional 109,449 shares during the period. Institutional investors own 90.39% of the company’s stock.

Insider Buying and Selling

In other news, CEO Yamini Rangan sold 2,382 shares of HubSpot stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $573.92, for a total transaction of $1,367,077.44. Following the completion of the sale, the chief executive officer now owns 72,373 shares in the company, valued at approximately $41,536,312.16. This trade represents a 3.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $607.48, for a total value of $5,163,580.00. Following the transaction, the insider now directly owns 527,233 shares of the company’s stock, valued at $320,283,502.84. The trade was a 1.59 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,382 shares of company stock valued at $13,415,657. Company insiders own 4.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on HUBS shares. William Blair restated an “outperform” rating on shares of HubSpot in a report on Thursday, February 13th. BMO Capital Markets upped their price objective on shares of HubSpot from $690.00 to $885.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Needham & Company LLC lifted their price objective on shares of HubSpot from $730.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Raymond James boosted their target price on shares of HubSpot from $750.00 to $980.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Finally, Morgan Stanley raised their price target on shares of HubSpot from $835.00 to $898.00 and gave the company an “overweight” rating in a research report on Thursday, February 13th. Five analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $834.15.

HubSpot Stock Up 3.7 %

HUBS opened at $546.91 on Wednesday. The firm has a 50-day moving average price of $642.64 and a 200-day moving average price of $659.76. HubSpot, Inc. has a twelve month low of $434.84 and a twelve month high of $881.13. The company has a market capitalization of $28.52 billion, a price-to-earnings ratio of 6,077.41, a PEG ratio of 41.44 and a beta of 1.82.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a negative return on equity of 0.07% and a net margin of 0.17%. On average, sell-side analysts expect that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

HubSpot 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.