HubSpot, Inc. (NYSE:HUBS) insider Hunter Madeley sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $81.60, for a total transaction of $81,600.00. Following the sale, the insider now owns 59,264 shares of the company’s stock, valued at approximately $4,835,942.40. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Hunter Madeley also recently made the following trade(s):
- On Thursday, November 2nd, Hunter Madeley sold 1,000 shares of HubSpot stock. The stock was sold at an average price of $87.15, for a total transaction of $87,150.00.
- On Tuesday, October 3rd, Hunter Madeley sold 1,000 shares of HubSpot stock. The stock was sold at an average price of $84.35, for a total transaction of $84,350.00.
HubSpot, Inc. (NYSE HUBS) traded up $0.10 during trading on Wednesday, reaching $77.45. 2,924,900 shares of the company traded hands, compared to its average volume of 435,763. HubSpot, Inc. has a 12-month low of $44.90 and a 12-month high of $88.50. The company has a debt-to-equity ratio of 1.41, a current ratio of 3.55 and a quick ratio of 3.55.
HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, November 1st. The software maker reported $0.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.15. The firm had revenue of $97.73 million during the quarter, compared to the consensus estimate of $96.50 million. HubSpot had a negative net margin of 12.16% and a negative return on equity of 21.93%. The firm’s revenue for the quarter was up 38.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.05) EPS. sell-side analysts expect that HubSpot, Inc. will post -0.99 EPS for the current year.
A number of analysts have recently issued reports on the stock. KeyCorp restated a “buy” rating and set a $86.00 price target on shares of HubSpot in a report on Wednesday, September 27th. Oppenheimer raised their price target on shares of HubSpot from $91.00 to $93.00 and gave the stock an “outperform” rating in a report on Thursday, November 2nd. Evercore ISI assumed coverage on shares of HubSpot in a report on Monday, September 18th. They set an “outperform” rating and a $90.00 price target for the company. Canaccord Genuity restated a “buy” rating and set a $83.00 price target on shares of HubSpot in a report on Wednesday, September 27th. Finally, Needham & Company LLC restated a “buy” rating and set a $80.00 price target on shares of HubSpot in a report on Tuesday, September 19th. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $84.82.
Several large investors have recently bought and sold shares of HUBS. Bank of New York Mellon Corp grew its stake in shares of HubSpot by 145.0% in the second quarter. Bank of New York Mellon Corp now owns 2,366,568 shares of the software maker’s stock worth $155,602,000 after acquiring an additional 1,400,677 shares in the last quarter. Frontier Capital Management Co. LLC acquired a new position in shares of HubSpot in the second quarter worth $23,440,000. Lord Abbett & CO. LLC grew its stake in shares of HubSpot by 74.6% in the second quarter. Lord Abbett & CO. LLC now owns 474,251 shares of the software maker’s stock worth $31,182,000 after acquiring an additional 202,640 shares in the last quarter. CI Global Investments Inc. grew its stake in shares of HubSpot by 344.7% in the third quarter. CI Global Investments Inc. now owns 200,100 shares of the software maker’s stock worth $16,818,000 after acquiring an additional 155,100 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of HubSpot by 48.8% in the second quarter. Goldman Sachs Group Inc. now owns 378,892 shares of the software maker’s stock worth $24,913,000 after acquiring an additional 124,238 shares in the last quarter. Institutional investors and hedge funds own 93.23% of the company’s stock.
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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.
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