HubSpot (NYSE:HUBS) Insider Erika Ashley Fisher Sells 702 Shares of Stock

Key Points

  • Insider Erika Ashley Fisher sold 702 HubSpot shares at an average price of $227.72, for about $159,859. She retained 12,829 shares after the sale.
  • HubSpot reported quarterly EPS of $3.81, beating analyst estimates of $3.27, while revenue reached $947.57 million, up 17.1% year over year.
  • Analysts’ average rating was Hold, with an average price target of $259.48; 8 analysts rated the stock Buy, 23 Hold, and 3 Sell.

HubSpot, Inc. (NYSE:HUBS - Get Free Report) insider Erika Fisher sold 702 shares of the business's stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $227.72, for a total transaction of $159,859.44. Following the sale, the insider directly owned 12,829 shares of the company's stock, valued at approximately $2,921,419.88. This trade represents a 5.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

HubSpot Price Performance

Shares of NYSE HUBS opened at $205.65 on Friday. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $409.31. The firm has a market capitalization of $10.26 billion, a P/E ratio of 49.46, a P/E/G ratio of 2.20 and a beta of 1.14. The company's 50 day simple moving average is $233.19 and its 200 day simple moving average is $230.40.

HubSpot (NYSE:HUBS - Get Free Report) last released its earnings results on Wednesday, November 4th. The software maker reported $3.81 EPS for the quarter, topping analysts' consensus estimates of $3.27 by $0.54. The firm had revenue of $947.57 million during the quarter, compared to analyst estimates of $925.50 million. HubSpot had a net margin of 5.95% and a return on equity of 11.73%. The business's quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.66 EPS. Sell-side analysts expect that HubSpot, Inc. will post 4.63 EPS for the current fiscal year.

Institutional Trading of HubSpot




A number of large investors have recently made changes to their positions in the company. Miller Financial Services LLC lifted its holdings in HubSpot by 2.9% during the third quarter. Miller Financial Services LLC now owns 1,405 shares of the software maker's stock worth $288,000 after acquiring an additional 40 shares in the last quarter. Versant Capital Management Inc grew its stake in HubSpot by 20.5% in the third quarter. Versant Capital Management Inc now owns 370 shares of the software maker's stock valued at $76,000 after acquiring an additional 63 shares during the period. Basecamp Wealth Advisors LLC grew its stake in HubSpot by 18.5% in the first quarter. Basecamp Wealth Advisors LLC now owns 435 shares of the software maker's stock valued at $106,000 after acquiring an additional 68 shares during the period. Elevation Wealth Partners LLC increased its holdings in shares of HubSpot by 66.7% in the third quarter. Elevation Wealth Partners LLC now owns 175 shares of the software maker's stock worth $36,000 after acquiring an additional 70 shares in the last quarter. Finally, Interchange Capital Partners LLC increased its holdings in shares of HubSpot by 8.9% in the third quarter. Interchange Capital Partners LLC now owns 1,424 shares of the software maker's stock worth $292,000 after acquiring an additional 116 shares in the last quarter. Institutional investors own 90.39% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Raymond James Financial downgraded HubSpot from an "outperform" rating to a "market perform" rating in a report on Monday, October 5th. Canaccord Genuity Group reduced their target price on HubSpot from $335.00 to $300.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. The Goldman Sachs Group set a $276.00 target price on HubSpot in a research report on Thursday, August 6th. Zacks Research cut HubSpot from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 12th. Finally, Stephens increased their price target on shares of HubSpot from $251.00 to $255.00 and gave the company an "equal weight" rating in a research report on Monday, September 21st. Eight research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, HubSpot presently has an average rating of "Hold" and an average price target of $259.48.

Check Out Our Latest Report on HUBS

Key Headlines Impacting HubSpot

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About HubSpot

(Get Free Report)

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company's offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.

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