Kathryn Bueker Sells 1,796 Shares of HubSpot, Inc. (NYSE:HUBS) Stock

HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker sold 1,796 shares of HubSpot stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $701.59, for a total value of $1,260,055.64. Following the sale, the chief financial officer now directly owns 38,560 shares of the company’s stock, valued at approximately $27,053,310.40. This trade represents a 4.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Kathryn Bueker also recently made the following trade(s):

• On Tuesday, November 12th, Kathryn Bueker sold 4,381 shares of HubSpot stock. The stock was sold at an average price of $700.00, for a total value of $3,066,700.00.
• On Thursday, October 10th, Kathryn Bueker sold 1,804 shares of HubSpot stock. The shares were sold at an average price of $550.00, for a total value of $992,200.00.

HubSpot Stock Down 1.1 %

Shares of HubSpot stock opened at $700.07 on Wednesday. The stock has a market cap of $36.14 billion, a P/E ratio of -2,592.76, a P/E/G ratio of 87.75 and a beta of 1.70. HubSpot, Inc. has a 12-month low of $434.84 and a 12-month high of $762.47. The business’s 50 day moving average is $694.84 and its 200-day moving average is $579.08.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, November 6th. The software maker reported $2.18 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.27. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. The firm had revenue of $669.72 million during the quarter, compared to analysts’ expectations of $646.97 million. During the same quarter last year, the company posted ($0.04) earnings per share. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. On average, sell-side analysts expect that HubSpot, Inc. will post 0.4 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. The Goldman Sachs Group upped their target price on shares of HubSpot from $626.00 to $690.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Wells Fargo & Company raised their price objective on HubSpot from $750.00 to $810.00 and gave the stock an “overweight” rating in a research note on Tuesday. Stifel Nicolaus boosted their target price on HubSpot from $750.00 to $880.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Mizuho raised their price target on HubSpot from $725.00 to $775.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Finally, UBS Group upgraded HubSpot from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 16th. Four equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, HubSpot currently has an average rating of “Moderate Buy” and a consensus price target of $708.36.

Hedge Funds Weigh In On HubSpot

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. GDS Wealth Management acquired a new stake in shares of HubSpot in the third quarter valued at approximately $2,149,000. Pallas Capital Advisors LLC bought a new stake in HubSpot in the 3rd quarter valued at $624,000. Icon Wealth Advisors LLC lifted its holdings in HubSpot by 3,346.2% during the 3rd quarter. Icon Wealth Advisors LLC now owns 21,091 shares of the software maker’s stock valued at $11,212,000 after purchasing an additional 20,479 shares during the last quarter. Headlands Technologies LLC bought a new position in HubSpot during the second quarter worth $3,135,000. Finally, Curi RMB Capital LLC increased its holdings in shares of HubSpot by 15.1% in the third quarter. Curi RMB Capital LLC now owns 7,143 shares of the software maker’s stock valued at $3,797,000 after purchasing an additional 937 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

HubSpot Company Profile

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.