Compass Capital Corp MA ADV purchased a new stake in shares of HubSpot, Inc. (NYSE:HUBS – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 392 shares of the software maker’s stock, valued at approximately $291,000.
Other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of HubSpot during the 3rd quarter valued at $25,000. MassMutual Private Wealth & Trust FSB raised its position in HubSpot by 73.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock valued at $31,000 after purchasing an additional 19 shares during the period. Bank of Jackson Hole Trust acquired a new position in shares of HubSpot during the fourth quarter worth about $35,000. HM Payson & Co. lifted its position in HubSpot by 36.0% during the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock worth $36,000 after acquiring an additional 18 shares in the last quarter. Finally, Friedenthal Financial purchased a new position in HubSpot in the 4th quarter worth approximately $50,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
HUBS has been the topic of a number of analyst reports. Barclays lifted their price objective on shares of HubSpot from $725.00 to $815.00 and gave the company an “equal weight” rating in a research note on Thursday, February 13th. BMO Capital Markets boosted their price target on HubSpot from $690.00 to $885.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Jefferies Financial Group increased their target price on HubSpot from $860.00 to $900.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Morgan Stanley raised their price target on shares of HubSpot from $835.00 to $898.00 and gave the stock an “overweight” rating in a research report on Thursday, February 13th. Finally, Mizuho upped their price target on shares of HubSpot from $725.00 to $775.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Four research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $863.96.
HubSpot Price Performance
NYSE:HUBS opened at $726.43 on Friday. HubSpot, Inc. has a 12-month low of $434.84 and a 12-month high of $881.13. The business has a 50 day simple moving average of $739.84 and a 200 day simple moving average of $629.64. The firm has a market capitalization of $37.88 billion, a P/E ratio of 8,072.32, a P/E/G ratio of 42.71 and a beta of 1.72.
HubSpot (NYSE:HUBS – Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 EPS for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a negative return on equity of 0.07% and a net margin of 0.17%. Research analysts anticipate that HubSpot, Inc. will post 1.01 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $810.00, for a total value of $6,885,000.00. Following the completion of the transaction, the insider now owns 524,751 shares of the company’s stock, valued at approximately $425,048,310. This represents a 1.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Lorrie M. Norrington sold 572 shares of HubSpot stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $690.00, for a total transaction of $394,680.00. Following the sale, the director now owns 1,697 shares in the company, valued at approximately $1,170,930. This represents a 25.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 48,112 shares of company stock worth $35,878,612. Insiders own 4.50% 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.
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