HubSpot Inc (NYSE:HUBS) insider Hunter Madeley sold 1,199 shares of the business’s stock in a transaction that occurred on Monday, January 14th. The shares were sold at an average price of $137.13, for a total value of $164,418.87. Following the sale, the insider now owns 35,526 shares in the company, valued at $4,871,680.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Hunter Madeley also recently made the following trade(s):
- On Thursday, November 1st, Hunter Madeley sold 1,000 shares of HubSpot stock. The shares were sold at an average price of $137.61, for a total value of $137,610.00.
Shares of HUBS opened at $150.69 on Thursday. HubSpot Inc has a 52 week low of $85.65 and a 52 week high of $162.20. The company has a market cap of $5.96 billion, a price-to-earnings ratio of -147.73 and a beta of 1.80. 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 (NYSE:HUBS) last announced its earnings results on Wednesday, November 7th. The software maker reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.37). HubSpot had a negative return on equity of 19.13% and a negative net margin of 13.43%. The business had revenue of $131.83 million during the quarter, compared to analysts’ expectations of $126.65 million. During the same quarter in the previous year, the firm earned $0.03 EPS. HubSpot’s quarterly revenue was up 34.9% on a year-over-year basis. Analysts expect that HubSpot Inc will post -0.98 EPS for the current year.
Several research firms have recently weighed in on HUBS. Oppenheimer reaffirmed a “market perform” rating on shares of HubSpot in a research report on Thursday. UBS Group lowered HubSpot from an “outperform” rating to a “market perform” rating in a research note on Thursday. Bank of America reaffirmed a “buy” rating and set a $185.00 target price (up from $180.00) on shares of HubSpot in a report on Wednesday. Zacks Investment Research lowered HubSpot from a “buy” rating to a “hold” rating in a research report on Thursday, January 17th. Finally, 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. Seven analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $152.25.
Hedge funds and other institutional investors have recently made changes to their positions in the company. First Hawaiian Bank purchased a new position in HubSpot in the fourth quarter valued at approximately $43,000. DekaBank Deutsche Girozentrale lifted its position in shares of HubSpot by 85.6% during the third quarter. DekaBank Deutsche Girozentrale now owns 835 shares of the software maker’s stock worth $119,000 after acquiring an additional 385 shares in the last quarter. Penserra Capital Management LLC purchased a new stake in shares of HubSpot during the third quarter worth $160,000. Flagship Harbor Advisors LLC purchased a new stake in shares of HubSpot during the second quarter worth $161,000. Finally, Global X Management Co LLC purchased a new stake in shares of HubSpot during the second quarter worth $172,000. Hedge funds and other institutional investors own 93.64% 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. 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.
Further Reading: Bid-Ask Spread
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