HubSpot, Inc. (NYSE:HUBS – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 911,400 shares, a decline of 6.5% from the June 30th total of 974,800 shares. Based on an average trading volume of 808,300 shares, the short-interest ratio is presently 1.1 days.
HubSpot Stock Performance
Shares of HUBS traded down $12.87 during mid-day trading on Thursday, hitting $484.16. The company’s stock had a trading volume of 209,500 shares, compared to its average volume of 636,836. HubSpot has a one year low of $407.23 and a one year high of $693.85. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.07 and a current ratio of 2.07. The firm has a market capitalization of $24.67 billion, a PE ratio of -187.56 and a beta of 1.60. The stock’s 50-day moving average is $556.42 and its two-hundred day moving average is $595.45.
HubSpot (NYSE:HUBS – Get Free Report) last issued its earnings results on Wednesday, May 8th. The software maker reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.27. The business had revenue of $617.41 million during 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%. As a group, sell-side analysts anticipate that HubSpot will post -0.44 EPS for the current year.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on HUBS
Insider Buying and Selling
In related news, insider Dawson Alyssa Harvey sold 192 shares of HubSpot 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 directly owns 10,860 shares of the company’s stock, valued at $7,059,000. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other HubSpot news, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $472.27, for a total transaction of $4,014,295.00. Following the sale, the insider now owns 518,152 shares in the company, valued at approximately $244,707,645.04. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Dawson Alyssa Harvey sold 192 shares of the business’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $650.00, for a total value of $124,800.00. Following the sale, the insider now owns 10,860 shares in the company, valued at approximately $7,059,000. The disclosure for this sale can be found here. Insiders have sold a total of 46,491 shares of company stock valued at $26,699,609 over the last three months. Company insiders own 4.50% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in HubSpot by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 4,790,390 shares of the software maker’s stock worth $2,781,013,000 after acquiring an additional 119,999 shares in the last quarter. Hsbc Holdings PLC raised its stake in HubSpot by 10.1% during the fourth quarter. Hsbc Holdings PLC now owns 22,402 shares of the software maker’s stock worth $13,022,000 after acquiring an additional 2,057 shares in the last quarter. Stifel Financial Corp raised its stake in HubSpot by 15.1% during the fourth quarter. Stifel Financial Corp now owns 33,248 shares of the software maker’s stock worth $19,302,000 after acquiring an additional 4,371 shares in the last quarter. Strs Ohio raised its stake in HubSpot by 1,203.0% during the fourth quarter. Strs Ohio now owns 20,001 shares of the software maker’s stock worth $11,611,000 after acquiring an additional 18,466 shares in the last quarter. Finally, Los Angeles Capital Management LLC raised its stake in HubSpot by 19.4% during the fourth quarter. Los Angeles Capital Management LLC now owns 22,546 shares of the software maker’s stock worth $13,089,000 after acquiring an additional 3,671 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.
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.
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