Sanctuary Advisors LLC Has $3.16 Million Stock Holdings in HubSpot, Inc. (NYSE:HUBS)

Sanctuary Advisors LLC lifted its position in HubSpot, Inc. (NYSE:HUBS) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,097 shares of the software maker’s stock after buying an additional 106 shares during the quarter. Sanctuary Advisors LLC’s holdings in HubSpot were worth $3,162,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Avitas Wealth Management LLC raised its holdings in HubSpot by 0.8% in the 4th quarter. Avitas Wealth Management LLC now owns 2,038 shares of the software maker’s stock worth $1,420,000 after acquiring an additional 17 shares during the period. Principal Securities Inc. grew its position in shares of HubSpot by 17.2% in the fourth quarter. Principal Securities Inc. now owns 116 shares of the software maker’s stock valued at $81,000 after purchasing an additional 17 shares during the last quarter. HM Payson & Co. increased its stake in shares of HubSpot by 36.0% in the third quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock worth $36,000 after purchasing an additional 18 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in shares of HubSpot by 73.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock worth $31,000 after purchasing an additional 19 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in HubSpot by 14.6% during the 4th quarter. Allworth Financial LP now owns 149 shares of the software maker’s stock valued at $109,000 after purchasing an additional 19 shares during the period. 90.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. KeyCorp raised HubSpot from a “sector weight” rating to an “overweight” rating and set a $920.00 price target on the stock in a research report on Thursday, February 13th. Barclays reaffirmed an “equal weight” rating on shares of HubSpot in a research report on Thursday, February 13th. Citigroup increased their price target on shares of HubSpot from $750.00 to $900.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Needham & Company LLC boosted their price objective on shares of HubSpot from $730.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Finally, Royal Bank of Canada upped their price objective on shares of HubSpot from $825.00 to $950.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. Four investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $863.96.

Insider Activity

In other HubSpot news, CTO Dharmesh Shah sold 25,000 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $739.89, for a total transaction of $18,497,250.00. Following the transaction, the chief technology officer now owns 1,272,077 shares of the company’s stock, valued at approximately $941,197,051.53. This represents a 1.93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Yamini Rangan sold 115 shares of HubSpot stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $713.79, for a total value of $82,085.85. Following the completion of the sale, the chief executive officer now directly owns 61,179 shares of the company’s stock, valued at $43,668,958.41. This trade represents a 0.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 48,112 shares of company stock worth $35,878,612. 4.50% of the stock is owned by corporate insiders.

HubSpot Trading Down 2.9 %

NYSE HUBS opened at $726.43 on Friday. HubSpot, Inc. has a 1-year low of $434.84 and a 1-year high of $881.13. The company has a 50 day moving average of $739.92 and a 200-day moving average of $631.52. The firm has a market cap of $37.88 billion, a price-to-earnings ratio of 8,072.32, a PEG ratio of 41.44 and a beta of 1.72.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $2.18 by ($1.98). HubSpot had a net margin of 0.17% and a negative return on equity of 0.07%. On average, analysts forecast that HubSpot, Inc. will post 1.01 earnings per share for the current 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.