Kathryn Bueker Sells 4,381 Shares of HubSpot, Inc. (NYSE:HUBS) Stock

HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker sold 4,381 shares of HubSpot stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $700.00, for a total transaction of $3,066,700.00. Following the sale, the chief financial officer now owns 41,259 shares of the company’s stock, valued at approximately $28,881,300. The trade was a 9.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Kathryn Bueker also recently made the following trade(s):

• On Thursday, October 10th, Kathryn Bueker sold 1,804 shares of HubSpot stock. The stock was sold at an average price of $550.00, for a total value of $992,200.00.
• On Wednesday, October 2nd, Kathryn Bueker sold 1,136 shares of HubSpot stock. The stock was sold at an average price of $525.84, for a total transaction of $597,354.24.

HubSpot Stock Down 0.5 %

HUBS stock opened at $696.45 on Friday. The business has a 50 day moving average price of $547.33 and a 200 day moving average price of $547.24. The stock has a market cap of $35.95 billion, a price-to-earnings ratio of -2,579.35, a PEG ratio of 85.25 and a beta of 1.63. HubSpot, Inc. has a fifty-two week low of $434.84 and a fifty-two week high of $724.61.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, November 6th. The software maker reported $2.18 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.27. The business had revenue of $669.72 million during the quarter, compared to the consensus estimate of $646.97 million. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. The company’s revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.04) EPS. As a group, sell-side analysts anticipate that HubSpot, Inc. will post 0.4 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Canaccord Genuity Group lifted their price target on HubSpot from $600.00 to $710.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. UBS Group increased their price target on HubSpot from $550.00 to $650.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Truist Financial restated a “buy” rating and issued a $750.00 price objective (up from $600.00) on shares of HubSpot in a report on Friday, November 8th. Evercore ISI increased their target price on shares of HubSpot from $610.00 to $700.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. Finally, Barclays boosted their price target on shares of HubSpot from $500.00 to $650.00 and gave the company an “equal weight” rating in a research note on Friday, November 8th. Five equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $672.68.

Hedge Funds Weigh In On HubSpot

Several hedge funds have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. boosted its position in shares of HubSpot by 16.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,375 shares of the software maker’s stock valued at $862,000 after purchasing an additional 191 shares during the period. US Bancorp DE boosted its holdings in shares of HubSpot by 5.0% in the first quarter. US Bancorp DE now owns 2,030 shares of the software maker’s stock valued at $1,272,000 after acquiring an additional 97 shares during the period. State Board of Administration of Florida Retirement System raised its position in HubSpot by 4.9% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 59,584 shares of the software maker’s stock valued at $37,333,000 after purchasing an additional 2,758 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in HubSpot by 23.3% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 26,951 shares of the software maker’s stock worth $16,886,000 after purchasing an additional 5,091 shares during the period. Finally, Orion Portfolio Solutions LLC grew its position in HubSpot by 6.6% during the 1st quarter. Orion Portfolio Solutions LLC now owns 4,827 shares of the software maker’s stock worth $3,025,000 after purchasing an additional 297 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

About HubSpot

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.