Highview Capital Management LLC DE Acquires 129 Shares of HubSpot, Inc. (NYSE:HUBS)

Highview Capital Management LLC DE boosted its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 4.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,011 shares of the software maker’s stock after buying an additional 129 shares during the quarter. Highview Capital Management LLC DE’s holdings in HubSpot were worth $2,098,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. GDS Wealth Management bought a new stake in HubSpot during the third quarter valued at about $2,149,000. Pallas Capital Advisors LLC purchased a new stake in shares of HubSpot during the third quarter valued at about $624,000. Icon Wealth Advisors LLC lifted its position in shares of HubSpot by 3,346.2% during the third quarter. Icon Wealth Advisors LLC now owns 21,091 shares of the software maker’s stock valued at $11,212,000 after buying an additional 20,479 shares during the last quarter. Curi RMB Capital LLC boosted its holdings in shares of HubSpot by 15.1% in the 3rd quarter. Curi RMB Capital LLC now owns 7,143 shares of the software maker’s stock valued at $3,797,000 after buying an additional 937 shares in the last quarter. Finally, Advantage Alpha Capital Partners LP lifted its position in HubSpot by 113.4% during the third quarter. Advantage Alpha Capital Partners LP now owns 18,666 shares of the software maker’s stock valued at $9,923,000 after acquiring an additional 9,919 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Raymond James lifted their price target on shares of HubSpot from $750.00 to $980.00 and gave the stock an “outperform” rating in a report on Thursday. Stifel Nicolaus upped their target price on HubSpot from $880.00 to $925.00 and gave the company a “buy” rating in a research report on Thursday. William Blair reissued an “outperform” rating on shares of HubSpot in a report on Thursday. Mizuho increased their price objective on shares of HubSpot from $725.00 to $775.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Finally, Morgan Stanley upped their price target on shares of HubSpot from $835.00 to $898.00 and gave the company an “overweight” rating in a research note on Thursday. Five research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $863.96.

Insider Buying and Selling at HubSpot

In other HubSpot news, CTO Dharmesh Shah sold 25,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $672.62, for a total value of $16,815,500.00. Following the completion of the sale, the chief technology officer now directly owns 1,323,145 shares in the company, valued at $889,973,789.90. This represents a 1.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian Halligan sold 8,500 shares of HubSpot stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $729.65, for a total value of $6,202,025.00. Following the transaction, the insider now owns 513,698 shares in the company, valued at approximately $374,819,745.70. This represents a 1.63 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 73,112 shares of company stock worth $51,432,627. Insiders own 4.50% of the company’s stock.

HubSpot Price Performance

Shares of HUBS opened at $812.44 on Monday. The stock’s 50 day moving average is $735.53 and its two-hundred day moving average is $622.22. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $881.13.

HubSpot (NYSE:HUBS) last released its earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.18 by ($1.98). HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. On average, analysts forecast that HubSpot, Inc. will post 0.42 earnings per share for the current fiscal year.

HubSpot 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.