HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker Sells 200 Shares

HubSpot, Inc. (NYSE:HUBS – Get Rating) CFO Kathryn Bueker sold 200 shares of the firm’s stock in a transaction on Thursday, April 14th. The shares were sold at an average price of $467.01, for a total value of $93,402.00. Following the transaction, the chief financial officer now owns 38,629 shares in the company, valued at $18,040,129.29. The sale was disclosed in a document filed with the SEC, which is available at this link.

NYSE:HUBS opened at $445.47 on Friday. The business has a 50 day moving average of $480.40 and a 200 day moving average of $609.78. HubSpot, Inc. has a 1-year low of $378.88 and a 1-year high of $866.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.35 and a current ratio of 2.35.

HubSpot (NYSE:HUBS – Get Rating) last released its earnings results on Thursday, February 10th. The software maker reported ($0.24) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.36) by $0.12. The company had revenue of $369.31 million during the quarter, compared to the consensus estimate of $357.52 million. HubSpot had a negative return on equity of 7.63% and a negative net margin of 5.98%. HubSpot’s quarterly revenue was up 46.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.19) EPS. Equities analysts predict that HubSpot, Inc. will post -2.86 EPS for the current year.

A number of hedge funds have recently made changes to their positions in the business. Artisan Partners Limited Partnership lifted its position in HubSpot by 3.5% in the third quarter. Artisan Partners Limited Partnership now owns 1,991,387 shares of the software maker’s stock valued at $1,346,357,000 after purchasing an additional 67,233 shares during the last quarter. Jennison Associates LLC lifted its position in HubSpot by 141.3% in the third quarter. Jennison Associates LLC now owns 1,682,828 shares of the software maker’s stock valued at $1,137,743,000 after purchasing an additional 985,452 shares during the last quarter. Geode Capital Management LLC lifted its position in HubSpot by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 581,044 shares of the software maker’s stock valued at $382,446,000 after purchasing an additional 10,359 shares during the last quarter. Norges Bank bought a new stake in HubSpot in the fourth quarter valued at approximately $261,886,000. Finally, TD Asset Management Inc. lifted its position in HubSpot by 134.6% in the fourth quarter. TD Asset Management Inc. now owns 389,830 shares of the software maker’s stock valued at $256,956,000 after purchasing an additional 223,682 shares during the last quarter. Hedge funds and other institutional investors own 93.34% of the company’s stock.

A number of equities research analysts have recently commented on HUBS shares. BMO Capital Markets lifted their target price on HubSpot from $640.00 to $675.00 in a research note on Friday, February 11th. Wells Fargo & Company lowered their target price on HubSpot from $725.00 to $675.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 15th. Morgan Stanley lowered their target price on HubSpot from $862.00 to $645.00 and set an “overweight” rating on the stock in a research note on Friday, March 4th. StockNews.com assumed coverage on HubSpot in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Finally, UBS Group lowered their price objective on HubSpot from $845.00 to $675.00 in a research note on Monday, February 14th. Two investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, HubSpot presently has an average rating of “Buy” and an average price target of $739.04.

HubSpot Company Profile (Get Rating)

HubSpot, Inc 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, sales, service, and content management systems, as well as integrated applications, such as search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, knowledge base, commerce, conversation routing, video hosting, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.

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