HubSpot, Inc. (NYSE:HUBS - Get Free Report) insider Brian Halligan sold 8,500 shares of HubSpot stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $538.60, for a total value of $4,578,100.00. Following the transaction, the insider now owns 525,687 shares in the company, valued at approximately $283,135,018.20. This trade represents a 1.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Brian Halligan also recently made the following trade(s):
- On Tuesday, March 18th, Brian Halligan sold 8,500 shares of HubSpot stock. The shares were sold at an average price of $607.48, for a total value of $5,163,580.00.
- On Tuesday, February 18th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $810.00, for a total transaction of $6,885,000.00.
HubSpot Stock Performance
HUBS opened at $538.98 on Friday. The stock has a 50-day moving average of $632.79 and a 200-day moving average of $659.01. HubSpot, Inc. has a 52-week low of $434.84 and a 52-week high of $881.13. The company has a market cap of $28.11 billion, a PE ratio of 5,989.35, a price-to-earnings-growth ratio of 41.44 and a beta of 1.82.
HubSpot (NYSE:HUBS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 EPS for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a net margin of 0.17% and a negative return on equity of 0.07%. On average, research analysts predict that HubSpot, Inc. will post 1.01 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. B.O.S.S. Retirement Advisors LLC bought a new stake in HubSpot during the fourth quarter valued at about $1,361,000. Oak Harvest Investment Services bought a new stake in HubSpot during the 4th quarter valued at approximately $2,065,000. Donoghue Forlines LLC acquired a new stake in HubSpot in the 4th quarter valued at approximately $2,049,000. Mayflower Financial Advisors LLC acquired a new stake in HubSpot in the 4th quarter valued at approximately $862,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of HubSpot by 1.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,246 shares of the software maker's stock worth $2,262,000 after buying an additional 49 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
HUBS has been the topic of a number of research reports. The Goldman Sachs Group boosted their target price on shares of HubSpot from $783.00 to $900.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Raymond James increased their price objective on HubSpot from $750.00 to $980.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Stifel Nicolaus raised their price objective on HubSpot from $880.00 to $925.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. Sanford C. Bernstein assumed coverage on HubSpot in a research report on Thursday, March 20th. They set a "market perform" rating and a $693.00 target price on the stock. Finally, Needham & Company LLC increased their price target on HubSpot from $730.00 to $900.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Five research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $818.04.
Read Our Latest Analysis on HUBS
About HubSpot
(
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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