Cwm LLC bought a new stake in HubSpot Inc (NYSE:HUBS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 316 shares of the software maker’s stock, valued at approximately $40,000.
Several other institutional investors and hedge funds have also modified their holdings of the company. Harbour Capital Advisors LLC increased its holdings in shares of HubSpot by 1.7% in the 4th quarter. Harbour Capital Advisors LLC now owns 12,037 shares of the software maker’s stock valued at $1,513,000 after purchasing an additional 198 shares during the period. Strs Ohio increased its holdings in shares of HubSpot by 5.2% in the 4th quarter. Strs Ohio now owns 6,100 shares of the software maker’s stock valued at $766,000 after purchasing an additional 300 shares during the period. First Hawaiian Bank acquired a new position in shares of HubSpot in the 4th quarter valued at about $43,000. DekaBank Deutsche Girozentrale increased its holdings in shares of HubSpot by 85.6% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 835 shares of the software maker’s stock valued at $119,000 after purchasing an additional 385 shares during the period. Finally, American International Group Inc. increased its holdings in shares of HubSpot by 1.8% in the 3rd quarter. American International Group Inc. now owns 24,054 shares of the software maker’s stock valued at $3,631,000 after purchasing an additional 434 shares during the period. Institutional investors own 93.77% of the company’s stock.
Several equities research analysts recently commented on HUBS shares. Stephens started coverage on HubSpot in a research note on Thursday, January 17th. They issued an “overweight” rating and a $191.00 price target for the company. Morgan Stanley lowered their price target on HubSpot from $148.00 to $141.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 23rd. Bank of America boosted their price target on HubSpot to $160.00 and gave the company a “buy” rating in a research note on Wednesday, October 17th. Royal Bank of Canada boosted their price target on HubSpot from $138.00 to $147.00 and gave the company a “sector perform” rating in a research note on Thursday, November 8th. Finally, CIBC reissued a “market perform” rating on shares of HubSpot in a research note on Thursday, January 24th. Nine investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $153.35.
Shares of HubSpot stock opened at $160.39 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.15 and a quick ratio of 3.15. HubSpot Inc has a 12-month low of $85.65 and a 12-month high of $166.07.
HubSpot (NYSE:HUBS) last announced its earnings results on Wednesday, November 7th. The software maker reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.37). The company had revenue of $131.83 million for the quarter, compared to the consensus estimate of $126.65 million. HubSpot had a negative return on equity of 19.13% and a negative net margin of 13.43%. The firm’s revenue for the quarter was up 34.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.03 EPS. Equities analysts expect that HubSpot Inc will post -0.97 EPS for the current fiscal year.
In other HubSpot news, Director Ronald S. Gill sold 4,140 shares of the company’s stock in a transaction that occurred on Monday, November 12th. The stock was sold at an average price of $132.54, for a total transaction of $548,715.60. Following the completion of the sale, the director now owns 18,214 shares of the company’s stock, valued at $2,414,083.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Hunter Madeley sold 1,005 shares of the company’s stock in a transaction that occurred on Monday, February 4th. The stock was sold at an average price of $160.54, for a total value of $161,342.70. The disclosure for this sale can be found here. Insiders have sold 73,770 shares of company stock valued at $9,404,275 in the last ninety days. Company insiders own 9.60% of the company’s stock.
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HubSpot Profile
HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. Its software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, sales productivity, CRM, analytics, and reporting.
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