HubSpot, Inc. (HUBS) Raised to “C-” at TheStreet

HubSpot, Inc. (NYSE:HUBS) was upgraded by research analysts at TheStreet from a “d” rating to a “c-” rating in a research report issued on Monday.

Several other research firms have also issued reports on HUBS. UBS AG reaffirmed an “outperform” rating and issued a $80.00 price objective (up previously from $78.00) on shares of HubSpot in a research note on Wednesday, August 9th. SunTrust Banks, Inc. began coverage on shares of HubSpot in a report on Monday, June 26th. They issued a “buy” rating and a $81.00 target price on the stock. Zacks Investment Research downgraded shares of HubSpot from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Needham & Company LLC reiterated a “buy” rating and issued a $80.00 target price on shares of HubSpot in a report on Tuesday, September 19th. Finally, Oppenheimer Holdings, Inc. set a $80.00 target price on shares of HubSpot and gave the stock a “buy” rating in a report on Thursday, August 3rd. Two research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $79.47.

Shares of HubSpot (NYSE HUBS) opened at 84.15 on Monday. The company has a 50-day moving average price of $75.62 and a 200 day moving average price of $69.96. HubSpot has a one year low of $44.90 and a one year high of $86.90. The firm’s market capitalization is $3.12 billion.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.08. HubSpot had a negative net margin of 13.17% and a negative return on equity of 27.99%. The business had revenue of $89.10 million during the quarter, compared to analyst estimates of $85.80 million. During the same quarter in the previous year, the business earned ($0.07) EPS. HubSpot’s quarterly revenue was up 37.1% compared to the same quarter last year. Analysts expect that HubSpot will post $0.09 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “HubSpot, Inc. (HUBS) Raised to “C-” at TheStreet” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/11/hubspot-inc-hubs-raised-to-c-at-thestreet.html.

In other news, insider Hunter Madeley sold 16,000 shares of the business’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $72.77, for a total transaction of $1,164,320.00. Following the transaction, the insider now owns 84,549 shares in the company, valued at approximately $6,152,630.73. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Dharmesh Shah sold 20,000 shares of the business’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $73.60, for a total transaction of $1,472,000.00. Following the transaction, the insider now owns 1,716,316 shares in the company, valued at approximately $126,320,857.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 63,000 shares of company stock worth $4,589,420. Insiders own 12.10% of the company’s stock.

Large investors have recently bought and sold shares of the company. ETF Managers Group LLC bought a new position in shares of HubSpot during the 2nd quarter worth about $110,000. Point72 Asia Hong Kong Ltd boosted its position in shares of HubSpot by 153.1% during the 1st quarter. Point72 Asia Hong Kong Ltd now owns 1,706 shares of the software maker’s stock valued at $103,000 after acquiring an additional 1,032 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of HubSpot by 136.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,720 shares of the software maker’s stock valued at $113,000 after acquiring an additional 994 shares in the last quarter. Sei Investments Co. boosted its posi

Several other research firms have also issued reports on HUBS. UBS AG reaffirmed an “outperform” rating and issued a $80.00 price objective (up previously from $78.00) on shares of HubSpot in a research note on Wednesday, August 9th. SunTrust Banks, Inc. began coverage on shares of HubSpot in a report on Monday, June 26th. They issued a “buy” rating and a $81.00 target price on the stock. Zacks Investment Research downgraded shares of HubSpot from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Needham & Company LLC reiterated a “buy” rating and issued a $80.00 target price on shares of HubSpot in a report on Tuesday, September 19th. Finally, Oppenheimer Holdings, Inc. set a $80.00 target price on shares of HubSpot and gave the stock a “buy” rating in a report on Thursday, August 3rd. Two research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $79.47.

Shares of HubSpot (NYSE HUBS) opened at 84.15 on Monday. The company has a 50-day moving average price of $75.62 and a 200 day moving average price of $69.96. HubSpot has a one year low of $44.90 and a one year high of $86.90. The firm’s market capitalization is $3.12 billion.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.08. HubSpot had a negative net margin of 13.17% and a negative return on equity of 27.99%. The business had revenue of $89.10 million during the quarter, compared to analyst estimates of $85.80 million. During the same quarter in the previous year, the business earned ($0.07) EPS. HubSpot’s quarterly revenue was up 37.1% compared to the same quarter last year. Analysts expect that HubSpot will post $0.09 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “HubSpot, Inc. (HUBS) Raised to “C-” at TheStreet” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/11/hubspot-inc-hubs-raised-to-c-at-thestreet.html.

In other news, insider Hunter Madeley sold 16,000 shares of the business’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $72.77, for a total transaction of $1,164,320.00. Following the transaction, the insider now owns 84,549 shares in the company, valued at approximately $6,152,630.73. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Dharmesh Shah sold 20,000 shares of the business’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $73.60, for a total transaction of $1,472,000.00. Following the transaction, the insider now owns 1,716,316 shares in the company, valued at approximately $126,320,857.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 63,000 shares of company stock worth $4,589,420. Insiders own 12.10% of the company’s stock.

Large investors have recently bought and sold shares of the company. ETF Managers Group LLC bought a new position in shares of HubSpot during the 2nd quarter worth about $110,000. Point72 Asia Hong Kong Ltd boosted its position in shares of HubSpot by 153.1% during the 1st quarter. Point72 Asia Hong Kong Ltd now owns 1,706 shares of the software maker’s stock valued at $103,000 after acquiring an additional 1,032 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of HubSpot by 136.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,720 shares of the software maker’s stock valued at $113,000 after acquiring an additional 994 shares in the last quarter. Sei Investments Co. boosted its position in shares of HubSpot by 41.3% during the 2nd quarter. Sei Investments Co. now owns 2,157 shares of the software maker’s stock valued at $142,000 after acquiring an additional 631 shares in the last quarter. Finally, Ameritas Investment Partners Inc. acquired a new stake in shares of HubSpot during the 1st quarter valued at about $151,000. Institutional investors own 96.08% of the company’s stock.

About HubSpot

HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into customers and delight customers so that they become promoters of those businesses.

Analyst Recommendations for HubSpot (NYSE:HUBS)

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