Moody Aldrich Partners LLC lessened its position in HubSpot Inc (NYSE:HUBS) by 21.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 24,508 shares of the software maker’s stock after selling 6,578 shares during the period. Moody Aldrich Partners LLC owned approximately 0.06% of HubSpot worth $4,073,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in HUBS. Ffcm LLC purchased a new stake in HubSpot in the fourth quarter valued at approximately $25,000. Executive Wealth Management LLC purchased a new stake in HubSpot in the fourth quarter valued at approximately $26,000. Sageworth Trust Co purchased a new stake in HubSpot in the first quarter valued at approximately $38,000. CWM LLC purchased a new stake in HubSpot in the fourth quarter valued at approximately $40,000. Finally, Meeder Asset Management Inc. purchased a new stake in HubSpot in the first quarter valued at approximately $53,000. Institutional investors own 91.28% of the company’s stock.
Several equities research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of HubSpot from a “hold” rating to a “buy” rating and set a $179.00 price objective for the company in a research note on Monday, February 4th. Canaccord Genuity boosted their price objective on shares of HubSpot from $160.00 to $190.00 and gave the stock a “buy” rating in a research note on Wednesday, February 13th. Stephens set a $198.00 price objective on shares of HubSpot and gave the stock a “buy” rating in a research note on Wednesday. Royal Bank of Canada boosted their price objective on shares of HubSpot from $167.00 to $187.00 and gave the stock a “sector perform” rating in a research note on Monday. Finally, Raymond James boosted their price objective on shares of HubSpot from $155.00 to $181.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 13th. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $187.53.
Shares of NYSE HUBS traded down $1.24 during trading on Thursday, reaching $178.60. 6,938 shares of the stock were exchanged, compared to its average volume of 575,097. HubSpot Inc has a twelve month low of $106.95 and a twelve month high of $186.96. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 1.30. The stock has a market cap of $7.75 billion, a P/E ratio of -175.52 and a beta of 1.91.
HubSpot (NYSE:HUBS) last posted its earnings results on Tuesday, May 7th. The software maker reported ($0.14) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.10. HubSpot had a negative net margin of 12.44% and a negative return on equity of 17.08%. The business had revenue of $151.80 million for the quarter, compared to analysts’ expectations of $147.47 million. During the same period in the previous year, the company posted $0.15 earnings per share. The business’s revenue for the quarter was up 32.5% compared to the same quarter last year. On average, research analysts expect that HubSpot Inc will post -1.1 EPS for the current fiscal year.
In other news, General Counsel John P. Kelleher sold 390 shares of the business’s stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of $181.00, for a total transaction of $70,590.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Hunter Madeley sold 1,005 shares of the business’s stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $181.00, for a total transaction of $181,905.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 87,896 shares of company stock worth $14,700,297. Corporate insiders own 9.60% of the company’s stock.
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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. The company’s software platform includes integrated applications, such as customer relationship management, search engine optimization, blogging, Website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.
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