HubSpot Inc (HUBS) Director Sells $89,150.00 in Stock
HubSpot Inc (NYSE:HUBS) Director Julia Herendeen sold 1,000 shares of the stock in a transaction dated Saturday, December 29th. The stock was sold at an average price of $89.15, for a total transaction of $89,150.00. Following the completion of the transaction, the director now directly owns 5,540 shares of the company’s stock, valued at $493,891. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Julia Herendeen also recently made the following trade(s):
- On Friday, December 29th, Julia Herendeen sold 1,000 shares of HubSpot stock. The stock was sold at an average price of $89.15, for a total transaction of $89,150.00.
HubSpot Inc (NYSE HUBS) opened at $90.80 on Friday. HubSpot Inc has a one year low of $49.35 and a one year high of $93.53. The firm has a market cap of $3,331.67, a P/E ratio of -78.28 and a beta of 2.30. 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 (NYSE:HUBS) last announced its earnings results on Wednesday, November 1st. The software maker reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.15. The business had revenue of $97.73 million during the quarter, compared to the consensus estimate of $96.50 million. HubSpot had a negative net margin of 12.16% and a negative return on equity of 21.93%. The business’s revenue for the quarter was up 38.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.05) earnings per share. equities research analysts expect that HubSpot Inc will post -0.99 EPS for the current fiscal year.
A number of equities analysts recently issued reports on HUBS shares. Evercore ISI started coverage on shares of HubSpot in a research note on Friday, September 8th. They issued an “outperform” rating and a $90.00 price target for the company. Needham & Company LLC reissued a “buy” rating and issued a $80.00 price target on shares of HubSpot in a research note on Tuesday, September 19th. Morgan Stanley increased their price target on shares of HubSpot from $84.00 to $88.00 and gave the stock an “overweight” rating in a research note on Monday, September 25th. Bank of America increased their price target on shares of HubSpot from $88.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, September 27th. Finally, KeyCorp reissued a “buy” rating and issued a $86.00 price target on shares of HubSpot in a research note on Wednesday, September 27th. Two investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $85.06.
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Granahan Investment Management Inc. MA increased its position in shares of HubSpot by 15.7% during the third quarter. Granahan Investment Management Inc. MA now owns 142,700 shares of the software maker’s stock valued at $11,994,000 after acquiring an additional 19,320 shares in the last quarter. First Allied Advisory Services Inc. bought a new stake in shares of HubSpot during the third quarter valued at approximately $2,658,000. Nicholas Investment Partners LP increased its position in shares of HubSpot by 34.8% during the third quarter. Nicholas Investment Partners LP now owns 51,760 shares of the software maker’s stock valued at $4,350,000 after acquiring an additional 13,365 shares in the last quarter. Invictus RG bought a new stake in shares of HubSpot during the third quarter valued at approximately $287,000. Finally, Telemark Asset Management LLC increased its position in shares of HubSpot by 500.0% during the third quarter. Telemark Asset Management LLC now owns 120,000 shares of the software maker’s stock valued at $10,086,000 after acquiring an additional 100,000 shares in the last quarter. 93.11% of the stock is owned by institutional investors.
HubSpot Company Profile
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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