Kathryn Bueker Sells 1,135 Shares of HubSpot, Inc. (NYSE:HUBS) Stock

HubSpot, Inc. (NYSE:HUBSGet Free Report) CFO Kathryn Bueker sold 1,135 shares of the firm’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $592.80, for a total transaction of $672,828.00. Following the sale, the chief financial officer now directly owns 44,715 shares of the company’s stock, valued at approximately $26,507,052. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Kathryn Bueker also recently made the following trade(s):

  • On Wednesday, May 29th, Kathryn Bueker sold 2,191 shares of HubSpot stock. The shares were sold at an average price of $650.00, for a total value of $1,424,150.00.
  • On Wednesday, May 22nd, Kathryn Bueker sold 2,190 shares of HubSpot stock. The stock was sold at an average price of $625.00, for a total value of $1,368,750.00.
  • On Thursday, May 16th, Kathryn Bueker sold 3,937 shares of HubSpot stock. The shares were sold at an average price of $616.51, for a total value of $2,427,199.87.

HubSpot Price Performance

Shares of HubSpot stock opened at $592.31 on Friday. The company has a market capitalization of $30.19 billion, a price-to-earnings ratio of -223.51 and a beta of 1.60. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.32. The stock’s 50-day simple moving average is $598.02 and its 200-day simple moving average is $603.99. HubSpot, Inc. has a 52 week low of $407.23 and a 52 week high of $693.85.

HubSpot (NYSE:HUBSGet Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The software maker reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.27. HubSpot had a negative return on equity of 4.94% and a negative net margin of 5.78%. The company had revenue of $617.41 million for the quarter, compared to analysts’ expectations of $597.12 million. As a group, analysts expect that HubSpot, Inc. will post -0.55 earnings per share for the current fiscal year.

Hedge Funds Weigh In On HubSpot

A number of hedge funds and other institutional investors have recently modified their holdings of HUBS. Riverview Trust Co bought a new position in shares of HubSpot during the 1st quarter valued at about $27,000. Rakuten Securities Inc. bought a new position in HubSpot during the fourth quarter valued at approximately $29,000. Geneos Wealth Management Inc. grew its holdings in HubSpot by 1,125.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 49 shares of the software maker’s stock valued at $31,000 after buying an additional 45 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in shares of HubSpot by 335.7% during the 4th quarter. Venturi Wealth Management LLC now owns 61 shares of the software maker’s stock worth $35,000 after acquiring an additional 47 shares in the last quarter. Finally, Larson Financial Group LLC boosted its position in shares of HubSpot by 1,380.0% during the 4th quarter. Larson Financial Group LLC now owns 74 shares of the software maker’s stock valued at $43,000 after acquiring an additional 69 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

HUBS has been the topic of several research 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 target price on the stock. Barclays lowered their price objective on shares of HubSpot from $600.00 to $575.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 9th. Canaccord Genuity Group cut their target price on shares of HubSpot from $750.00 to $700.00 and set a “buy” rating for the company in a research report on Thursday, May 9th. Scotiabank increased their price target on HubSpot from $650.00 to $700.00 and gave the company a “sector outperform” rating in a report on Friday, April 5th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $730.00 price objective on shares of HubSpot in a report on Thursday, May 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twenty-three have assigned a buy rating to the company. According to MarketBeat, HubSpot has an average rating of “Moderate Buy” and an average target price of $641.00.

Check Out Our Latest Analysis on HUBS

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.

Further Reading

Insider Buying and Selling by Quarter for HubSpot (NYSE:HUBS)

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