Ronald S. Gill Sells 4,140 Shares of HubSpot Inc (NYSE:HUBS) Stock


HubSpot Inc (NYSE:HUBS) Director Ronald S. Gill sold 4,140 shares of the firm’s stock in a transaction on Thursday, January 10th. The shares were sold at an average price of $137.86, for a total transaction of $570,740.40. Following the sale, the director now owns 18,214 shares in the company, valued at $2,510,982.04. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of NYSE:HUBS traded down $1.41 during trading hours on Monday, hitting $150.13. The company’s stock had a trading volume of 574,868 shares, compared to its average volume of 571,856. HubSpot Inc has a 52 week low of $85.65 and a 52 week high of $162.20. The company has a debt-to-equity ratio of 1.37, a quick ratio of 3.15 and a current ratio of 3.15. The firm has a market cap of $5.95 billion, a P/E ratio of -147.19 and a beta of 1.80.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, November 7th. The software maker reported ($0.32) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.37). HubSpot had a negative net margin of 13.43% and a negative return on equity of 19.13%. The business had revenue of $131.83 million during the quarter, compared to the consensus estimate of $126.65 million. During the same quarter in the prior year, the firm posted $0.03 EPS. The company’s revenue for the quarter was up 34.9% compared to the same quarter last year. On average, research analysts predict that HubSpot Inc will post -0.98 EPS for the current fiscal year.

Several brokerages have recently commented on HUBS. Bank of America raised their price objective on shares of HubSpot to $160.00 and gave the company a “buy” rating in a research report on Wednesday, October 17th. Royal Bank of Canada raised their target price on shares of HubSpot from $138.00 to $147.00 and gave the company a “sector perform” rating in a research note on Thursday, November 8th. Zacks Investment Research reaffirmed a “hold” rating on shares of HubSpot in a research note on Tuesday, November 13th. Oppenheimer reaffirmed a “market perform” rating on shares of HubSpot in a research note on Thursday. Finally, Morgan Stanley raised their target price on shares of HubSpot from $141.00 to $146.00 and gave the company an “equal weight” rating in a research note on Thursday, November 8th. Eight analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $152.82.

Several large investors have recently bought and sold shares of the company. CWM LLC bought a new position in shares of HubSpot during the 4th quarter worth approximately $40,000. First Hawaiian Bank bought a new position in shares of HubSpot during the 4th quarter worth approximately $43,000. Flinton Capital Management LLC bought a new position in shares of HubSpot during the 2nd quarter worth approximately $108,000. DekaBank Deutsche Girozentrale raised its stake in shares of HubSpot by 85.6% during the 3rd 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. Finally, Penserra Capital Management LLC bought a new position in shares of HubSpot during the 3rd quarter worth approximately $160,000. Institutional investors and hedge funds own 93.62% 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.

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