HubSpot Inc (NYSE:HUBS) General Counsel John P. Kelleher sold 390 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of $181.00, for a total value of $70,590.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Shares of NYSE HUBS traded down $2.99 during midday trading on Friday, reaching $187.58. 418,836 shares of the stock traded hands, compared to its average volume of 489,652. The company has a debt-to-equity ratio of 0.83, a quick ratio of 4.03 and a current ratio of 4.03. The company has a market capitalization of $7.90 billion, a P/E ratio of -183.90 and a beta of 1.91. HubSpot Inc has a one year low of $108.39 and a one year high of $192.49.
HubSpot (NYSE:HUBS) last posted its earnings results on Tuesday, May 7th. The software maker reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.10. HubSpot had a negative return on equity of 10.68% and a negative net margin of 10.81%. The firm had revenue of $151.80 million during the quarter, compared to the consensus estimate of $147.47 million. During the same period in the prior year, the company earned $0.15 EPS. The company’s quarterly revenue was up 32.5% compared to the same quarter last year. As a group, equities analysts predict that HubSpot Inc will post -0.86 EPS for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in the stock. Slow Capital Inc. purchased a new stake in HubSpot during the 1st quarter valued at $395,000. Pentwater Capital Management LP purchased a new stake in HubSpot during the 1st quarter valued at $1,662,000. Ladenburg Thalmann Financial Services Inc. raised its holdings in HubSpot by 156.3% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,220 shares of the software maker’s stock valued at $203,000 after buying an additional 744 shares during the period. Man Group plc raised its holdings in HubSpot by 144.9% during the 1st quarter. Man Group plc now owns 30,666 shares of the software maker’s stock valued at $5,098,000 after buying an additional 18,145 shares during the period. Finally, Advisors Asset Management Inc. raised its holdings in HubSpot by 9.8% during the 1st quarter. Advisors Asset Management Inc. now owns 6,572 shares of the software maker’s stock valued at $1,092,000 after buying an additional 584 shares during the period. Institutional investors own 91.11% of the company’s stock.
Several research firms have weighed in on HUBS. Piper Jaffray Companies upped their price target on HubSpot from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 30th. Royal Bank of Canada upped their price target on HubSpot from $167.00 to $187.00 and gave the stock a “sector perform” rating in a research note on Monday, May 6th. Morgan Stanley upped their price target on HubSpot from $160.00 to $175.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 8th. Deutsche Bank upped their price target on HubSpot from $168.00 to $180.00 and gave the stock a “hold” rating in a research note on Wednesday, May 8th. Finally, Stephens set a $198.00 price target on HubSpot and gave the stock a “buy” rating in a research note on Wednesday, May 8th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $187.53.
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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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