HubSpot, Inc. (NYSE:HUBS – Free Report) has earned a consensus rating of “Moderate Buy” from the twenty-one analysts that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, seventeen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $425.68.
A number of equities analysts have recently weighed in on HUBS shares. 888 reiterated a “hold” rating on shares of HubSpot in a report on Thursday, May 4th. 92 Resources reiterated a “hold” rating on shares of HubSpot in a report on Thursday, May 4th. Morgan Stanley boosted their target price on HubSpot from $447.00 to $466.00 and gave the company an “overweight” rating in a report on Tuesday, March 21st. KeyCorp boosted their target price on HubSpot from $450.00 to $485.00 and gave the company an “overweight” rating in a report on Thursday, April 20th. Finally, UBS Group boosted their target price on HubSpot from $420.00 to $460.00 in a report on Thursday, May 4th.
Featured activity at HubSpot
In related news, CEO Yamini Rangan sold 10,846 shares of HubSpot stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $516.83, for a total value of $5,605,538.18. Following the sale, the chief executive officer now directly owns 63,801 shares in the company, valued at $32,974,270.83. The transaction was disclosed in a filing with the SEC, which can be accessed this link. In related news, CEO Yamini Rangan sold 10,846 shares of HubSpot stock in a transaction on Monday, June 12th. The shares were sold at an average price of $516.83, for a total transaction of $5,605,538.18. Following the completion of the transaction, the chief executive officer now directly owns 63,801 shares of the company’s stock, valued at $32,974,270.83. The sale was disclosed in a legal filing with the SEC, which can be accessed the SEC website. Also, inside Brian Halligan sold 8,500 shares of HubSpot stock in a transaction on Tuesday, April 18th. The shares were sold at an average price of $422.65, for a total value of $3,592,525.00. Following the transaction, the user now directly owns 613,350 shares of the company’s stock, valued at $259,232,377.50. Disclosure of this sale can be found here. Insiders have sold a total of 34,554 shares of company stock worth $16,978,923 over the last three months. Currently, 4.90% of the shares are owned by corporate insiders.
Hedge funds weigh in on HubSpot
A number of institutional investors have recently made changes to their positions in the stock. Flagship Harbor Advisors LLC boosted its position in shares of HubSpot by 1.4% in the first quarter. Flagship Harbor Advisors LLC now owns 1,785 shares of the software maker’s stock worth $765,000 after purchasing an additional 25 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of HubSpot by 0.8% in the first quarter. Nisa Investment Advisors LLC now owns 3,115 shares of the software maker’s stock worth $1,336,000 after buying an additional 25 shares during the period. Allworth Financial LP raised its stake in shares of HubSpot by 34.2% in the first quarter. Allworth Financial LP now owns 102 shares of the software maker’s stock worth $44,000 after acquiring an additional 26 shares in the last quarter. Quent Capital LLC boosted its stake in shares of HubSpot by 14.3% in the first quarter. Quent Capital LLC now owns 224 shares of the software maker’s stock worth $96,000 after acquiring an additional 28 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of HubSpot by 5.6% in the first quarter. Parallel Advisors LLC now owns 569 shares of the software maker’s stock worth $244,000 after acquiring an additional 30 shares in the last quarter. 89.32% of the shares are owned by institutional investors and hedge funds.
HubSpot Stock Performance
Shares of NYSE:HUBS opened at $512.79 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.25, and a quick ratio of 2.25. The company’s 50-day moving average price is $495.71 and its 200-day moving average price is $411.70. The company has a market cap of $25.45 billion, a PE ratio of -175.01 and a beta of 1.57. HubSpot has a one year low of $245.03 and a one year high of $535.90.
HubSpot (NYSE:HUBS – Free Report ) last posted its earnings results on Wednesday, May 3rd. The software maker reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.40) by $0.16. The company had revenue of $501.62 million during the quarter, compared to analysts’ expectations of $474.55 million. HubSpot had a negative return on equity of 10.48% and a negative net margin of 7.71%. As a group, equities research analysts expect that HubSpot will post -1.83 earnings per share for the current fiscal year.
HubSpot Company Profile
(Free report
HubSpot, Inc provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe and Asia Pacific. The company’s CRM platform includes marketing, sales, service and content management systems, as well as integrated applications such as search engine optimization, blogging, website content management, messaging, chatbots, social networks , marketing automation, email, predictive lead scoring, sales productivity, knowledge base, commerce, conversation routing, video hosting, ticketing tools and help desk, customer NPS surveys, analytics and reports
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