Yousif Capital Management LLC Has $378,000 Position in HubSpot, Inc. (NYSE:HUBS)

Yousif Capital Management LLC increased its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 3.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 662 shares of the software maker’s stock after purchasing an additional 19 shares during the quarter. Yousif Capital Management LLC’s holdings in HubSpot were worth $378,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in HUBS. Pallas Capital Advisors LLC raised its position in HubSpot by 38.7% during the first quarter. Pallas Capital Advisors LLC now owns 1,590 shares of the software maker’s stock valued at $908,000 after acquiring an additional 444 shares in the last quarter. Farther Finance Advisors LLC raised its position in HubSpot by 25.1% during the first quarter. Farther Finance Advisors LLC now owns 319 shares of the software maker’s stock valued at $186,000 after acquiring an additional 64 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in HubSpot during the first quarter valued at approximately $275,000. Wedmont Private Capital bought a new position in shares of HubSpot in the first quarter valued at approximately $223,000. Finally, Clean Yield Group bought a new position in shares of HubSpot in the first quarter valued at approximately $41,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HUBS has been the topic of a number of recent analyst reports. BMO Capital Markets dropped their price target on shares of HubSpot from $885.00 to $745.00 and set an “outperform” rating on the stock in a research report on Friday, May 2nd. Morgan Stanley lifted their price target on shares of HubSpot from $659.00 to $752.00 and gave the company an “overweight” rating in a research report on Friday, May 9th. Sanford C. Bernstein initiated coverage on shares of HubSpot in a research report on Thursday, March 20th. They issued a “market perform” rating and a $693.00 price target on the stock. The Goldman Sachs Group dropped their price target on shares of HubSpot from $900.00 to $795.00 and set a “buy” rating on the stock in a research report on Friday, May 9th. Finally, Wall Street Zen lowered shares of HubSpot from a “buy” rating to a “hold” rating in a research report on Sunday, June 15th. Five equities research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $766.71.

HubSpot Stock Performance

Shares of NYSE:HUBS opened at $534.70 on Friday. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $881.13. The company’s fifty day moving average is $598.54 and its 200-day moving average is $656.70. The company has a market capitalization of $28.20 billion, a PE ratio of -1,188.22, a P/E/G ratio of 19.79 and a beta of 1.70.

Insider Buying and Selling

In related news, insider Brian Halligan sold 8,500 shares of the company’s stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $538.60, for a total transaction of $4,578,100.00. Following the transaction, the insider now owns 525,687 shares in the company, valued at $283,135,018.20. This represents a 1.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Yamini Rangan sold 2,382 shares of the company’s stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $573.92, for a total transaction of $1,367,077.44. Following the transaction, the chief executive officer now owns 72,373 shares in the company, valued at approximately $41,536,312.16. This trade represents a 3.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 20,062 shares of company stock worth $11,011,432 in the last 90 days. Corporate insiders own 4.50% of the company’s stock.

HubSpot Company 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.