John P. Kelleher Sells 389 Shares of HubSpot Inc (HUBS) Stock


HubSpot Inc (NYSE:HUBS) General Counsel John P. Kelleher sold 389 shares of the business’s stock in a transaction on Monday, February 4th. The stock was sold at an average price of $160.54, for a total value of $62,450.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of HubSpot stock opened at $164.58 on Thursday. HubSpot Inc has a 1 year low of $85.65 and a 1 year high of $166.07. The stock has a market capitalization of $6.46 billion, a price-to-earnings ratio of -161.35 and a beta of 1.92. The company has a quick ratio of 3.15, a current ratio of 3.15 and a debt-to-equity ratio of 1.37.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, November 7th. The software maker reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.37). The business had revenue of $131.83 million during 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 was up 34.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.03 earnings per share. On average, research analysts predict that HubSpot Inc will post -0.97 EPS for the current fiscal year.

A number of research firms have commented on HUBS. Zacks Investment Research raised HubSpot from a “hold” rating to a “buy” rating and set a $179.00 price objective on the stock in a research note on Monday. Bank of America reissued a “buy” rating and issued a $185.00 price objective (up previously from $180.00) on shares of HubSpot in a research note on Wednesday, January 23rd. UBS Group lowered HubSpot from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 24th. Oppenheimer reaffirmed a “market perform” rating on shares of HubSpot in a research note on Thursday, January 24th. Finally, CIBC reaffirmed a “market perform” rating on shares of HubSpot in a research note on Thursday, January 24th. Eight equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. HubSpot currently has an average rating of “Buy” and a consensus price target of $153.35.

Large investors have recently bought and sold shares of the stock. Raymond James & Associates grew its holdings in shares of HubSpot by 4.0% during the second quarter. Raymond James & Associates now owns 20,444 shares of the software maker’s stock worth $2,564,000 after buying an additional 782 shares in the last quarter. MetLife Investment Advisors LLC grew its holdings in shares of HubSpot by 50.2% during the third quarter. MetLife Investment Advisors LLC now owns 24,742 shares of the software maker’s stock worth $3,735,000 after buying an additional 8,264 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of HubSpot during the third quarter worth about $452,000. Columbia Partners L.L.C. Investment Management grew its holdings in shares of HubSpot by 43.9% during the third quarter. Columbia Partners L.L.C. Investment Management now owns 42,292 shares of the software maker’s stock worth $6,383,000 after buying an additional 12,912 shares in the last quarter. Finally, Rothschild & Co. Asset Management US Inc. grew its holdings in shares of HubSpot by 30.3% during the third quarter. Rothschild & Co. Asset Management US Inc. now owns 19,820 shares of the software maker’s stock worth $2,992,000 after buying an additional 4,614 shares in the last quarter. Institutional investors and hedge funds own 93.77% of the company’s stock.

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About HubSpot

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: How can you know how many shares are floating?

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