Hunter Madeley also recently made the following trade(s):
- On Monday, January 14th, Hunter Madeley sold 1,199 shares of HubSpot stock. The stock was sold at an average price of $137.13, for a total transaction of $164,418.87.
HUBS traded up $0.59 during trading hours on Wednesday, hitting $168.28. The stock had a trading volume of 8,431 shares, compared to its average volume of 768,465. HubSpot Inc has a 1 year low of $101.45 and a 1 year high of $180.00. The firm has a market cap of $6.69 billion, a P/E ratio of -164.59 and a beta of 1.92. The company has a debt-to-equity ratio of 1.30, a quick ratio of 3.01 and a current ratio of 3.01.
HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Tuesday, February 12th. The software maker reported $0.37 earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.54. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. The company had revenue of $144.02 million during the quarter, compared to analyst estimates of $137.48 million. During the same quarter last year, the firm posted $0.12 EPS. The firm’s revenue for the quarter was up 35.2% on a year-over-year basis. As a group, research analysts predict that HubSpot Inc will post -1.09 earnings per share for the current fiscal year.
A number of large investors have recently made changes to their positions in HUBS. Dimensional Fund Advisors LP increased its stake in HubSpot by 46.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 55,670 shares of the software maker’s stock worth $6,982,000 after buying an additional 17,640 shares in the last quarter. Raymond James & Associates lifted its stake in HubSpot by 4.0% during the 2nd quarter. Raymond James & Associates now owns 20,444 shares of the software maker’s stock valued at $2,564,000 after acquiring an additional 782 shares in the last quarter. Millennium Management LLC lifted its stake in HubSpot by 84.0% during the 2nd quarter. Millennium Management LLC now owns 52,334 shares of the software maker’s stock valued at $6,563,000 after acquiring an additional 23,893 shares in the last quarter. Northern Trust Corp lifted its stake in HubSpot by 5.3% during the 2nd quarter. Northern Trust Corp now owns 467,190 shares of the software maker’s stock valued at $58,585,000 after acquiring an additional 23,385 shares in the last quarter. Finally, Fox Run Management L.L.C. bought a new position in HubSpot during the 3rd quarter valued at $284,000. Hedge funds and other institutional investors own 95.01% of the company’s stock.
A number of brokerages recently weighed in on HUBS. Stephens assumed coverage on shares of HubSpot in a report on Thursday, January 17th. They set an “overweight” rating and a $191.00 target price on the stock. 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 raised 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 raised 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 equities 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 stock. HubSpot currently has a consensus rating of “Buy” and a consensus target price of $170.29.
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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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