Valeo Financial Advisors LLC Has $478,000 Holdings in HubSpot, Inc. (NYSE:HUBS)

Valeo Financial Advisors LLC lessened its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 16.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 824 shares of the software maker’s stock after selling 164 shares during the quarter. Valeo Financial Advisors LLC’s holdings in HubSpot were worth $478,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in HUBS. HB Wealth Management LLC boosted its position in HubSpot by 3.5% during the fourth quarter. HB Wealth Management LLC now owns 562 shares of the software maker’s stock valued at $326,000 after purchasing an additional 19 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in shares of HubSpot by 29.2% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 93 shares of the software maker’s stock valued at $55,000 after buying an additional 21 shares during the last quarter. Level Financial Advisors Inc. grew its stake in shares of HubSpot by 20.0% in the 3rd quarter. Level Financial Advisors Inc. now owns 150 shares of the software maker’s stock valued at $74,000 after buying an additional 25 shares in the last quarter. Avestar Capital LLC increased its holdings in HubSpot by 5.8% in the third quarter. Avestar Capital LLC now owns 454 shares of the software maker’s stock worth $224,000 after buying an additional 25 shares during the last quarter. Finally, Prosperity Financial Group Inc. raised its position in HubSpot by 5.9% during the third quarter. Prosperity Financial Group Inc. now owns 446 shares of the software maker’s stock valued at $220,000 after acquiring an additional 25 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

HUBS has been the topic of several analyst reports. KeyCorp assumed coverage on shares of HubSpot in a research note on Thursday, March 21st. They set an “underweight” rating and a $520.00 price target on the stock. Royal Bank of Canada boosted their price target on HubSpot from $625.00 to $700.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. Truist Financial upped their price target on HubSpot from $600.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, February 15th. William Blair reissued an “outperform” rating on shares of HubSpot in a research note on Thursday, February 15th. Finally, Evercore ISI boosted their target price on HubSpot from $625.00 to $650.00 and gave the stock an “in-line” rating in a report on Thursday, February 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-two have assigned a buy rating to the company. Based on data from MarketBeat, HubSpot has a consensus rating of “Moderate Buy” and an average price target of $642.36.

HubSpot Price Performance

HUBS stock opened at $663.35 on Monday. HubSpot, Inc. has a twelve month low of $399.48 and a twelve month high of $693.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.96 and a quick ratio of 1.96. The business’s 50-day simple moving average is $623.25 and its 200 day simple moving average is $548.69.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, February 14th. The software maker reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.22. The company had revenue of $581.91 million for the quarter, compared to analyst estimates of $557.48 million. HubSpot had a negative return on equity of 6.38% and a negative net margin of 8.12%. Sell-side analysts predict that HubSpot, Inc. will post -0.98 EPS for the current fiscal year.

Insider Buying and Selling at HubSpot

In other news, insider Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $555.84, for a total value of $4,724,640.00. Following the completion of the transaction, the insider now owns 536,811 shares in the company, valued at approximately $298,381,026.24. The sale was disclosed in a filing with the SEC, which is available at this link. In other HubSpot news, insider Dawson Alyssa Harvey sold 969 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $610.00, for a total value of $591,090.00. Following the sale, the insider now directly owns 7,225 shares in the company, valued at $4,407,250. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $555.84, for a total value of $4,724,640.00. Following the transaction, the insider now owns 536,811 shares of the company’s stock, valued at $298,381,026.24. The disclosure for this sale can be found here. Insiders have sold 22,362 shares of company stock valued at $13,329,601 in the last 90 days. 4.90% of the stock is currently owned by company insiders.

HubSpot Profile

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.