HubSpot, Inc. (NYSE:HUBS - Get Free Report) CEO Yamini Rangan sold 2,874 shares of the company's stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $627.12, for a total transaction of $1,802,342.88. Following the completion of the sale, the chief executive officer now directly owns 74,784 shares of the company's stock, valued at $46,898,542.08. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Yamini Rangan also recently made the following trade(s):
- On Monday, March 4th, Yamini Rangan sold 116 shares of HubSpot stock. The stock was sold at an average price of $634.21, for a total transaction of $73,568.36.
- On Friday, March 1st, Yamini Rangan sold 8,817 shares of HubSpot stock. The stock was sold at an average price of $620.00, for a total transaction of $5,466,540.00.
HubSpot Stock Up 2.8 %
Shares of NYSE:HUBS opened at $626.89 on Thursday. The firm has a fifty day moving average price of $614.15 and a two-hundred day moving average price of $539.11. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.96 and a quick ratio of 1.96. HubSpot, Inc. has a one year low of $390.22 and a one year high of $660.00. The company has a market cap of $31.76 billion, a price-to-earnings ratio of -176.59 and a beta of 1.58.
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HubSpot (NYSE:HUBS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The software maker reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.30) by $0.22. HubSpot had a negative net margin of 8.12% and a negative return on equity of 6.38%. The firm had revenue of $581.91 million during the quarter, compared to the consensus estimate of $557.48 million. Analysts anticipate that HubSpot, Inc. will post -0.98 EPS for the current fiscal year.
Institutional Trading of HubSpot
A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of HubSpot by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 4,790,390 shares of the software maker's stock worth $2,781,013,000 after acquiring an additional 119,999 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of HubSpot by 6.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,716,774 shares of the software maker's stock worth $1,338,012,000 after acquiring an additional 166,381 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of HubSpot by 50.3% during the 4th quarter. Wellington Management Group LLP now owns 1,874,322 shares of the software maker's stock worth $1,088,119,000 after acquiring an additional 626,977 shares during the last quarter. Clearbridge Investments LLC lifted its holdings in shares of HubSpot by 33.6% during the 1st quarter. Clearbridge Investments LLC now owns 1,128,424 shares of the software maker's stock worth $535,934,000 after acquiring an additional 284,039 shares during the last quarter. Finally, Durable Capital Partners LP lifted its holdings in shares of HubSpot by 7.5% during the 4th quarter. Durable Capital Partners LP now owns 986,355 shares of the software maker's stock worth $285,185,000 after acquiring an additional 68,833 shares during the last quarter. 90.39% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on HUBS. JPMorgan Chase & Co. upped their price objective on shares of HubSpot from $530.00 to $630.00 and gave the stock an "overweight" rating in a research report on Thursday, February 15th. The Goldman Sachs Group increased their target price on shares of HubSpot from $577.00 to $656.00 and gave the company a "buy" rating in a research report on Thursday, February 15th. Wells Fargo & Company increased their target price on shares of HubSpot from $700.00 to $725.00 and gave the company an "overweight" rating in a research report on Thursday, February 15th. UBS Group reissued a "neutral" rating and set a $525.00 target price on shares of HubSpot in a research report on Thursday, February 15th. Finally, William Blair reissued an "outperform" rating on shares of HubSpot in a research report on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-one have assigned a buy rating to the company. According to MarketBeat.com, HubSpot currently has an average rating of "Moderate Buy" and an average target price of $628.50.
Get Our Latest Analysis on HubSpot
HubSpot Company Profile
(
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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.
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