HubSpot, Inc. (NYSE:HUBS – Get Free Report) CFO Kathryn Bueker sold 300 shares of HubSpot stock in a transaction dated Thursday, July 13th. The shares were sold at an average price of $550.00, for a total transaction of $165,000.00. Following the sale, the chief financial officer now owns 38,024 shares of the company’s stock, valued at $20,913,200. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Kathryn Bueker also recently traded:
On Wednesday, July 5th, Kathryn Bueker sold 782 shares of HubSpot stock. The shares were sold at an average price of $519.62, for a total transaction of $406,342.84. On Friday, May 26th, Kathryn Bueker sold 406 shares of HubSpot stock. The shares were sold at an average price of $500.00, for a total value of $203,000.00.
HubSpot Stock Performance
Shares of HUBS stock traded up $4.40 during midday trading on Friday, reaching $555.36. 440,894 shares of the stock traded hands, compared to its average volume of 635,981. HubSpot, Inc. has a twelve month low of $245.03 and a twelve month high of $569.59. 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 has a market cap of $27.57 billion, a price-to-earnings ratio of -191.04 and a beta of 1.57. The company’s 50-day moving average price is $504.95 and its 200-day moving average price is $418.75.
HubSpot (NYSE:HUBS – Get Your Free Report ) last released its quarterly earnings data on Wednesday, May 3rd. The software maker reported ($0.24) earnings per share for the quarter, topping analysts’ consensus estimates 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%. On average, sell-side analysts expect that HubSpot, Inc. will post -1.83 EPS for the current fiscal year.
Institutional inputs and outputs
A number of hedge funds and other institutional investors have recently bought and sold shares of HUBS. Acadian Asset Management LLC boosted its holdings in shares of HubSpot by 49.2% during the first quarter. Acadian Asset Management LLC now owns 704 shares of the software maker’s stock worth $333,000 after purchasing an additional 232 shares in the last quarter. MetLife Investment Management LLC purchased a new position in shares of HubSpot during the first quarter valued at approximately $1,385,000. Raymond James Trust NA boosted its holdings in shares of HubSpot by 12.3% during the first quarter. Raymond James Trust NA now owns 776 shares of the software maker’s stock valued at $368,000 after purchasing an additional 85 shares during the period. Cibc World Market Inc. purchased a new stake in shares of HubSpot during the 1st quarter valued at approximately $206,000. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of HubSpot by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 64,334 shares of the software maker’s stock worth $30,562,000 after purchasing an additional 253 shares during the period. 89.32% of the shares are owned by hedge funds and other institutional investors.
Wall Street analysts weigh in
HUBS has been the subject of several research analyst reports. StockNews.com started coverage on HubSpot in a report on Thursday, May 18th. They issued a “hold” rating on the stock. Piper Sandler cut shares of HubSpot from an “overweight” rating to a “neutral” rating and upped their target price for the stock from $482.00 to $520.00 in a research report of Thursday, July 6. 888 reiterated a “hold” rating on shares of HubSpot in a report on Thursday, May 4th. Morgan Stanley upped their target price on shares of HubSpot from $447.00 to $466.00 and gave the stock an “overweight” rating in a report on Tuesday, March 21st. Finally, KeyCorp boosted their target price on shares of HubSpot from $450.00 to $485.00 and gave the company an “overweight” rating in a research report on Thursday, April 20th. Four equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Moderate Buy” and an average target price of $425.68, according to MarketBeat .
About HubSpot
(Get a 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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