WINTON GROUP Ltd cut its holdings in HubSpot Inc (NYSE:HUBS) by 15.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,739 shares of the software maker’s stock after selling 326 shares during the period. WINTON GROUP Ltd’s holdings in HubSpot were worth $219,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also bought and sold shares of the company. Harbour Capital Advisors LLC raised its position 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 worth $1,513,000 after acquiring an additional 198 shares in the last quarter. CIBC Private Wealth Group LLC raised its position in shares of HubSpot by 13.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,734 shares of the software maker’s stock worth $218,000 after acquiring an additional 200 shares in the last quarter. Strs Ohio raised its position in shares of HubSpot by 5.2% in the 4th quarter. Strs Ohio now owns 6,100 shares of the software maker’s stock worth $766,000 after acquiring an additional 300 shares in the last quarter. CWM LLC bought a new position in shares of HubSpot in the 4th quarter worth about $40,000. Finally, First Hawaiian Bank bought a new position in shares of HubSpot in the 4th quarter worth about $43,000. 95.01% of the stock is owned by hedge funds and other institutional investors.
In other news, General Counsel John P. Kelleher sold 389 shares of the business’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 $62,450.06. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Ronald S. Gill sold 4,133 shares of the business’s stock in a transaction that occurred on Monday, February 11th. The stock was sold at an average price of $166.92, for a total value of $689,880.36. Following the completion of the transaction, the director now owns 18,207 shares in the company, valued at approximately $3,039,112.44. The disclosure for this sale can be found here. Insiders have sold a total of 74,763 shares of company stock valued at $10,819,780 over the last three months. Corporate insiders own 9.60% of the company’s stock.
Several research firms have recently weighed in on HUBS. Stephens began coverage on HubSpot in a research report on Thursday, January 17th. They issued an “overweight” rating and a $191.00 price objective for the company. Oppenheimer reaffirmed a “market perform” rating on shares of HubSpot in a research report on Thursday, January 24th. UBS Group reaffirmed a “hold” rating on shares of HubSpot in a research report on Wednesday, February 13th. Royal Bank of Canada boosted their target price on HubSpot to $167.00 and gave the company a “market perform” rating in a research report on Wednesday, February 13th. Finally, Canaccord Genuity boosted their target price on HubSpot from $160.00 to $190.00 and gave the company a “buy” rating in a research report on Wednesday, February 13th. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $170.29.
Shares of HUBS opened at $167.69 on Wednesday. The company has a debt-to-equity ratio of 1.30, a current ratio of 3.01 and a quick ratio of 3.01. The company has a market cap of $6.69 billion, a price-to-earnings ratio of -164.40 and a beta of 1.92. HubSpot Inc has a 52 week low of $101.45 and a 52 week high of $180.00.
HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Tuesday, February 12th. The software maker reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.54. The firm had revenue of $144.02 million during the quarter, compared to analyst estimates of $137.48 million. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. The company’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.12 EPS. Analysts expect that HubSpot Inc will post -1.09 EPS for the current year.
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HubSpot Company 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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