HubSpot, Inc. (NYSE:HUBS) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of HubSpot, Inc. (NYSE:HUBS) have received a consensus recommendation of “Moderate Buy” from the twenty-six analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $637.36.

A number of equities research analysts have recently issued reports on the company. UBS Group reiterated a “neutral” rating and set a $525.00 price objective on shares of HubSpot in a research note on Thursday, February 15th. Wolfe Research upped their price objective on HubSpot from $660.00 to $715.00 and gave the stock an “outperform” rating in a research note on Thursday, February 15th. Needham & Company LLC upped their price objective on HubSpot from $630.00 to $730.00 and gave the stock a “buy” rating in a research note on Thursday, February 15th. BMO Capital Markets upped their price objective on HubSpot from $540.00 to $710.00 and gave the stock an “outperform” rating in a research note on Monday, February 12th. Finally, William Blair reiterated an “outperform” rating on shares of HubSpot in a research note on Thursday, February 15th.

Insiders Place Their Bets

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider now owns 536,811 shares of the company’s stock, valued at $298,381,026.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other HubSpot news, insider Brian Halligan sold 8,500 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider now owns 536,811 shares of the company’s stock, valued at $298,381,026.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Dawson Alyssa Harvey sold 1,086 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $618.25, for a total value of $671,419.50. Following the completion of the sale, the insider now directly owns 7,783 shares of the company’s stock, valued at approximately $4,811,839.75. The disclosure for this sale can be found here. Over the last three months, insiders sold 22,362 shares of company stock worth $13,329,601. 4.90% of the stock is owned by corporate insiders.

Institutional Trading of HubSpot

Hedge funds have recently made changes to their positions in the company. Rakuten Securities Inc. bought a new stake in shares of HubSpot in the fourth quarter valued at $29,000. Quarry LP raised its stake in shares of HubSpot by 47.4% in the fourth quarter. Quarry LP now owns 56 shares of the software maker’s stock valued at $33,000 after buying an additional 18 shares during the period. Venturi Wealth Management LLC raised its stake 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 valued at $35,000 after purchasing an additional 47 shares during the period. Larson Financial Group LLC raised its stake 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 purchasing an additional 69 shares during the period. Finally, Principal Securities Inc. bought a new stake in shares of HubSpot during the 4th quarter valued at $50,000. 90.39% of the stock is currently owned by institutional investors.

HubSpot Trading Up 1.8 %

NYSE:HUBS opened at $670.00 on Monday. HubSpot has a twelve month low of $390.22 and a twelve month high of $693.85. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average price of $618.02 and a two-hundred day moving average price of $542.11. The company has a market cap of $33.95 billion, a P/E ratio of -188.73 and a beta of 1.58.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, February 14th. The software maker reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.30) by $0.22. HubSpot had a negative return on equity of 6.38% and a negative net margin of 8.12%. The firm had revenue of $581.91 million during the quarter, compared to the consensus estimate of $557.48 million. As a group, analysts expect that HubSpot will post -0.98 EPS for the current fiscal year.

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.