HubSpot, Inc. (NYSE:HUBS - Get Free Report) CEO Yamini Rangan sold 2,382 shares of HubSpot stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $573.92, for a total transaction of $1,367,077.44. Following the completion of the transaction, the chief executive officer now owns 72,373 shares in the company, valued at approximately $41,536,312.16. This trade represents a 3.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Yamini Rangan also recently made the following trade(s):
- On Friday, January 3rd, Yamini Rangan sold 3,057 shares of HubSpot stock. The stock was sold at an average price of $701.59, for a total value of $2,144,760.63.
HubSpot Stock Down 11.5 %
NYSE:HUBS opened at $524.76 on Friday. The company's 50 day moving average is $692.86 and its 200-day moving average is $659.92. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $881.13. The firm has a market cap of $27.37 billion, a price-to-earnings ratio of 5,831.31, a P/E/G ratio of 41.44 and a beta of 1.82.
HubSpot (NYSE:HUBS - Get Free Report) last released its earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates 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 predict that HubSpot, Inc. will post 1.01 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have recently commented on HUBS shares. UBS Group raised HubSpot from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 19th. The Goldman Sachs Group upped their price objective on shares of HubSpot from $783.00 to $900.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Bank of America raised their target price on shares of HubSpot from $780.00 to $850.00 and gave the stock a "buy" rating in a report on Monday, December 16th. JPMorgan Chase & Co. boosted their price target on shares of HubSpot from $635.00 to $725.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. Finally, Royal Bank of Canada raised their price objective on shares of HubSpot from $825.00 to $950.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. Five research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $848.58.
Check Out Our Latest Stock Report on HUBS
Institutional Trading of HubSpot
Hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of HubSpot during the fourth quarter worth approximately $420,345,000. Wellington Management Group LLP raised its stake in HubSpot by 52.2% during the 3rd quarter. Wellington Management Group LLP now owns 1,402,200 shares of the software maker's stock valued at $745,410,000 after purchasing an additional 480,796 shares during the last quarter. Raymond James Financial Inc. bought a new stake in HubSpot in the 4th quarter valued at $157,019,000. Wealthfront Advisers LLC grew its position in HubSpot by 3,090.2% in the 4th quarter. Wealthfront Advisers LLC now owns 133,543 shares of the software maker's stock worth $93,049,000 after purchasing an additional 129,357 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new position in shares of HubSpot during the 4th quarter worth about $79,135,000. Institutional investors own 90.39% of the company's stock.
HubSpot Company Profile
(
Get Free Report)
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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