Fidelis Capital Partners LLC Invests $50,000 in HubSpot, Inc. (NYSE:HUBS)

Fidelis Capital Partners LLC bought a new position in shares of HubSpot, Inc. (NYSE:HUBSFree Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 80 shares of the software maker’s stock, valued at approximately $50,000.

Several other institutional investors and hedge funds have also made changes to their positions in HUBS. Riverview Trust Co acquired a new position in shares of HubSpot during the 1st quarter worth approximately $27,000. Rakuten Securities Inc. acquired a new position in shares of HubSpot during the 4th quarter worth approximately $29,000. Venturi Wealth Management LLC boosted 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 purchasing an additional 47 shares during the last quarter. Larson Financial Group LLC boosted its holdings 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 worth $43,000 after purchasing an additional 69 shares during the last quarter. Finally, SYSTM Wealth Solutions LLC boosted its holdings in shares of HubSpot by 54.0% during the 1st quarter. SYSTM Wealth Solutions LLC now owns 77 shares of the software maker’s stock worth $48,000 after purchasing an additional 27 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

HubSpot Stock Performance

NYSE:HUBS opened at $585.64 on Tuesday. The firm has a market capitalization of $29.85 billion, a PE ratio of -221.00 and a beta of 1.60. The business’s fifty day moving average price is $595.26 and its 200 day moving average price is $604.67. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.07 and a quick ratio of 2.07. HubSpot, Inc. has a 12 month low of $407.23 and a 12 month high of $693.85.

HubSpot (NYSE:HUBSGet Free Report) last posted its earnings results on Wednesday, May 8th. The software maker reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.26) by $0.27. The firm had revenue of $617.41 million for the quarter, compared to analyst estimates of $597.12 million. HubSpot had a negative return on equity of 4.94% and a negative net margin of 5.78%. On average, sell-side analysts anticipate that HubSpot, Inc. will post -0.55 earnings per share for the current fiscal year.

Insider Activity at HubSpot

In other HubSpot news, insider Dawson Alyssa Harvey sold 192 shares of the firm’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $650.00, for a total transaction of $124,800.00. Following the transaction, the insider now owns 10,860 shares of the company’s stock, valued at $7,059,000. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other HubSpot news, insider Dawson Alyssa Harvey sold 192 shares of the firm’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $650.00, for a total transaction of $124,800.00. Following the transaction, the insider now owns 10,860 shares of the company’s stock, valued at $7,059,000. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Yamini Rangan sold 2,877 shares of the firm’s stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $592.80, for a total value of $1,705,485.60. Following the transaction, the chief executive officer now directly owns 68,037 shares in the company, valued at approximately $40,332,333.60. The disclosure for this sale can be found here. Insiders have sold 21,491 shares of company stock valued at $13,421,594 over the last quarter. 4.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

HUBS has been the topic of several analyst reports. BMO Capital Markets reduced their price target on shares of HubSpot from $710.00 to $635.00 and set an “outperform” rating on the stock in a research report on Thursday, May 9th. Scotiabank lifted their price target on shares of HubSpot from $650.00 to $700.00 and gave the company a “sector outperform” rating in a research report on Friday, April 5th. Citigroup reduced their price target on shares of HubSpot from $798.00 to $767.00 and set a “buy” rating on the stock in a research report on Friday, May 10th. Mizuho reduced their price target on shares of HubSpot from $700.00 to $650.00 and set a “buy” rating on the stock in a research report on Thursday, May 9th. Finally, KeyCorp initiated coverage on shares of HubSpot in a research report on Thursday, March 21st. They set an “underweight” rating and a $520.00 price target on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $641.00.

Check Out Our Latest Analysis on HubSpot

HubSpot Profile

(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

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Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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