HubSpot, Inc. (HUBS) CFO John Kinzer Sells 15,000 Shares of Stock
HubSpot, Inc. (NYSE:HUBS) CFO John Kinzer sold 15,000 shares of the stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $83.39, for a total value of $1,250,850.00. Following the completion of the transaction, the chief financial officer now owns 87,786 shares of the company’s stock, valued at $7,320,474.54. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
John Kinzer also recently made the following trade(s):
- On Wednesday, September 27th, John Kinzer sold 10,000 shares of HubSpot stock. The stock was sold at an average price of $78.75, for a total value of $787,500.00.
Shares of HubSpot, Inc. (HUBS) opened at $79.95 on Tuesday. The company has a current ratio of 3.55, a quick ratio of 3.55 and a debt-to-equity ratio of 1.41. HubSpot, Inc. has a 12 month low of $44.90 and a 12 month high of $88.50.
HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, November 1st. The software maker reported $0.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.15. The company had revenue of $97.73 million during the quarter, compared to the consensus estimate of $96.50 million. HubSpot had a negative return on equity of 21.93% and a negative net margin of 12.16%. The firm’s revenue for the quarter was up 38.4% compared to the same quarter last year. During the same period last year, the business posted ($0.05) EPS. research analysts predict that HubSpot, Inc. will post -0.99 EPS for the current fiscal year.
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Several research analysts recently issued reports on HUBS shares. UBS AG reaffirmed an “outperform” rating and set a $80.00 target price (up from $78.00) on shares of HubSpot in a research report on Wednesday, August 9th. Morgan Stanley raised their target price on HubSpot from $90.00 to $93.00 and gave the stock an “overweight” rating in a research report on Monday, October 23rd. Zacks Investment Research lowered HubSpot from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $80.00 target price on shares of HubSpot in a research report on Tuesday, September 19th. Finally, Canaccord Genuity raised their target price on HubSpot from $8,398.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Two equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $84.82.
Institutional investors and hedge funds have recently modified their holdings of the company. ETF Managers Group LLC acquired a new stake in shares of HubSpot in the 2nd quarter valued at about $110,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in HubSpot by 136.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,720 shares of the software maker’s stock valued at $113,000 after purchasing an additional 994 shares during the last quarter. Sei Investments Co. boosted its stake in HubSpot by 41.3% during the 2nd quarter. Sei Investments Co. now owns 2,157 shares of the software maker’s stock valued at $142,000 after purchasing an additional 631 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in HubSpot by 18.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,955 shares of the software maker’s stock valued at $194,000 after purchasing an additional 462 shares during the last quarter. Finally, ETRADE Capital Management LLC acquired a new position in HubSpot during the 3rd quarter valued at about $203,000. Institutional investors own 94.39% of the company’s stock.
HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into customers and delight customers so that they become promoters of those businesses.
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