Diversified Trust Co. Purchases 2,431 Shares of HubSpot, Inc. $HUBS

Diversified Trust Co. lifted its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 488.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,929 shares of the software maker’s stock after purchasing an additional 2,431 shares during the quarter. Diversified Trust Co.’s holdings in HubSpot were worth $1,175,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Norges Bank bought a new position in HubSpot in the second quarter valued at approximately $269,941,000. Vanguard Group Inc. boosted its holdings in shares of HubSpot by 6.4% in the third quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock valued at $2,683,659,000 after buying an additional 345,524 shares during the period. AQR Capital Management LLC increased its holdings in HubSpot by 89.2% during the 3rd quarter. AQR Capital Management LLC now owns 546,436 shares of the software maker’s stock worth $255,623,000 after purchasing an additional 257,577 shares in the last quarter. Atreides Management LP bought a new position in shares of HubSpot during the third quarter worth about $113,878,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new position in shares of HubSpot during the 3rd quarter worth approximately $99,737,000. Institutional investors own 90.39% of the company’s stock.

HubSpot Trading Up 3.0%

HUBS stock opened at $245.24 on Friday. The firm has a 50-day moving average price of $264.81 and a 200-day moving average price of $369.56. HubSpot, Inc. has a 12 month low of $207.20 and a 12 month high of $682.57. The stock has a market capitalization of $12.93 billion, a P/E ratio of 281.89, a price-to-earnings-growth ratio of 3.55 and a beta of 1.40.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, February 11th. The software maker reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.10. The business had revenue of $846.75 million for the quarter, compared to analyst estimates of $830.65 million. HubSpot had a return on equity of 3.64% and a net margin of 1.47%.HubSpot’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.32 EPS. As a group, equities analysts predict that HubSpot, Inc. will post 1.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Jefferies Financial Group decreased their price objective on HubSpot from $560.00 to $325.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Oppenheimer reduced their price objective on shares of HubSpot from $550.00 to $350.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. KeyCorp decreased their price target on shares of HubSpot from $400.00 to $340.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Zacks Research upgraded HubSpot from a “strong sell” rating to a “strong-buy” rating in a report on Tuesday, February 17th. Finally, Stifel Nicolaus decreased their price target on shares of HubSpot from $550.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, HubSpot presently has a consensus rating of “Moderate Buy” and a consensus target price of $443.34.

Insider Buying and Selling at HubSpot

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $303.38, for a total value of $2,578,730.00. Following the sale, the director owned 487,344 shares in the company, valued at approximately $147,850,422.72. The trade was a 1.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Erika Ashley Fisher sold 841 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $238.01, for a total value of $200,166.41. Following the completion of the sale, the insider directly owned 10,119 shares of the company’s stock, valued at approximately $2,408,423.19. The trade was a 7.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 26,691 shares of company stock valued at $7,250,662. 4.00% of the stock is owned by corporate insiders.

HubSpot Company Profile

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company’s product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.