Captrust Financial Advisors Increases Stock Position in HubSpot, Inc. (NYSE:HUBS)

Captrust Financial Advisors grew its position in HubSpot, Inc. (NYSE:HUBS) by 41.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,933 shares of the software maker’s stock after purchasing an additional 570 shares during the period. Captrust Financial Advisors’ holdings in HubSpot were worth $1,347,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in HUBS. Wealth Enhancement Advisory Services LLC increased its holdings in HubSpot by 1.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,246 shares of the software maker’s stock worth $2,262,000 after buying an additional 49 shares during the last quarter. Pallas Capital Advisors LLC increased its holdings in HubSpot by 1.9% during the fourth quarter. Pallas Capital Advisors LLC now owns 1,146 shares of the software maker’s stock worth $798,000 after buying an additional 21 shares during the last quarter. Miracle Mile Advisors LLC purchased a new position in shares of HubSpot in the fourth quarter worth about $214,000. Park Avenue Securities LLC increased its stake in shares of HubSpot by 27.3% in the fourth quarter. Park Avenue Securities LLC now owns 1,811 shares of the software maker’s stock worth $1,262,000 after purchasing an additional 388 shares in the last quarter. Finally, Retireful LLC purchased a new position in shares of HubSpot in the fourth quarter worth about $1,470,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

HubSpot Price Performance

Shares of NYSE:HUBS opened at $668.01 on Thursday. HubSpot, Inc. has a 1 year low of $434.84 and a 1 year high of $881.13. The firm has a market capitalization of $35.16 billion, a price-to-earnings ratio of 7,423.16, a price-to-earnings-growth ratio of 41.44 and a beta of 1.78. The business’s 50 day moving average price is $585.20 and its 200-day moving average price is $668.97.

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

Insider Buying and Selling

In related news, CEO Yamini Rangan sold 680 shares of the firm’s stock in a transaction dated Thursday, April 24th. The stock was sold at an average price of $600.00, for a total transaction of $408,000.00. Following the completion of the transaction, the chief executive officer now directly owns 71,693 shares in the company, valued at $43,015,800. This trade represents a 0.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Brian Halligan sold 8,500 shares of HubSpot stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $607.48, for a total value of $5,163,580.00. Following the completion of the transaction, the insider now 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 ninety days, insiders sold 28,562 shares of company stock valued at $18,401,757. 4.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on HUBS. William Blair reiterated an “outperform” rating on shares of HubSpot in a research note on Thursday, February 13th. Sanford C. Bernstein began coverage on shares of HubSpot in a research note on Thursday, March 20th. They issued a “market perform” rating and a $693.00 target price for the company. Jefferies Financial Group reduced their target price on shares of HubSpot from $900.00 to $700.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. UBS Group lifted their target price on shares of HubSpot from $675.00 to $820.00 and gave the stock a “buy” rating in a research note on Friday, May 9th. Finally, Morgan Stanley raised their price objective on shares of HubSpot from $659.00 to $752.00 and gave the company an “overweight” rating in a research report on Friday, May 9th. Five equities research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, HubSpot currently has a consensus rating of “Moderate Buy” and a consensus price target of $767.33.

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.