HubSpot, Inc. (NYSE:HUBS - Get Free Report) insider Erika Ashley Fisher sold 915 shares of HubSpot stock in a transaction on Monday, May 4th. The stock was sold at an average price of $236.66, for a total transaction of $216,543.90. Following the completion of the transaction, the insider owned 16,270 shares in the company, valued at $3,850,458.20. This trade represents a 5.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Erika Ashley Fisher also recently made the following trade(s):
- On Wednesday, February 4th, Erika Ashley Fisher sold 841 shares of HubSpot stock. The stock was sold at an average price of $238.01, for a total transaction of $200,166.41.
HubSpot Price Performance
Shares of HUBS opened at $246.39 on Wednesday. The company has a market capitalization of $12.68 billion, a PE ratio of 283.21, a price-to-earnings-growth ratio of 3.38 and a beta of 1.23. HubSpot, Inc. has a one year low of $187.45 and a one year high of $682.57. The company's fifty day moving average price is $243.03 and its 200 day moving average price is $320.71.
HubSpot (NYSE:HUBS - Get Free Report) last announced its earnings results on Wednesday, February 11th. The software maker reported $3.09 EPS for the quarter, topping the consensus estimate of $2.99 by $0.10. The firm had revenue of $846.75 million for the quarter, compared to the consensus estimate of $830.65 million. HubSpot had a net margin of 1.47% and a return on equity of 3.64%. The business's quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.32 EPS. Analysts anticipate that HubSpot, Inc. will post 3.66 earnings per share for the current year.
Wall Street Analysts Forecast Growth
HUBS has been the topic of several recent analyst reports. Bank of America initiated coverage on shares of HubSpot in a report on Tuesday, March 31st. They issued a "buy" rating and a $300.00 target price on the stock. Oppenheimer dropped their target price on shares of HubSpot from $550.00 to $350.00 and set an "outperform" rating on the stock in a report on Wednesday, February 4th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $400.00 target price on shares of HubSpot in a report on Thursday, April 16th. BMO Capital Markets dropped their target price on shares of HubSpot from $385.00 to $285.00 and set an "outperform" rating on the stock in a report on Thursday, February 12th. Finally, Mizuho dropped their target price on shares of HubSpot from $550.00 to $300.00 and set an "outperform" rating on the stock in a report on Thursday, February 12th. Twenty-five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $388.07.
Get Our Latest Report on HUBS
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in HUBS. Price T Rowe Associates Inc. MD increased its holdings in shares of HubSpot by 36.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker's stock worth $1,838,727,000 after purchasing an additional 1,224,424 shares during the period. Capital World Investors bought a new position in shares of HubSpot during the 4th quarter worth about $259,930,000. AQR Capital Management LLC increased its holdings in shares of HubSpot by 117.6% during the 4th quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker's stock worth $477,138,000 after purchasing an additional 642,545 shares during the period. Pictet Asset Management Holding SA increased its holdings in shares of HubSpot by 32.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker's stock worth $776,714,000 after purchasing an additional 476,740 shares during the period. Finally, Alyeska Investment Group L.P. increased its stake in HubSpot by 408.1% in the fourth quarter. Alyeska Investment Group L.P. now owns 560,088 shares of the software maker's stock valued at $224,763,000 after acquiring an additional 449,864 shares during the period. Institutional investors own 90.39% of the company's stock.
About HubSpot
(
Get Free Report)
HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.
The company's product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
