HubSpot, Inc. (NYSE:HUBS) Insider Sells 8,500 Shares

HubSpot, Inc. (NYSE:HUBSGet Rating) insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 20th. The stock was sold at an average price of $286.00, for a total value of $2,431,000.00. Following the transaction, the insider now directly owns 658,066 shares in the company, valued at approximately $188,206,876. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Brian Halligan also recently made the following trade(s):

  • On Tuesday, July 19th, Brian Halligan sold 8,500 shares of HubSpot stock. The shares were sold at an average price of $279.20, for a total transaction of $2,373,200.00.

HubSpot Stock Performance

NYSE:HUBS opened at $273.31 on Friday. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $13.12 billion, a PE ratio of -135.30 and a beta of 1.56. HubSpot, Inc. has a twelve month low of $257.21 and a twelve month high of $866.00. The stock’s 50-day simple moving average is $326.14 and its 200 day simple moving average is $359.60.

HubSpot (NYSE:HUBSGet Rating) last announced its quarterly earnings results on Thursday, August 4th. The software maker reported ($0.89) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.73) by ($0.16). The company had revenue of $421.76 million for the quarter, compared to the consensus estimate of $409.67 million. HubSpot had a negative net margin of 6.28% and a negative return on equity of 9.89%. On average, analysts anticipate that HubSpot, Inc. will post -2.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HUBS. Glassman Wealth Services increased its holdings in HubSpot by 141.2% in the 4th quarter. Glassman Wealth Services now owns 41 shares of the software maker’s stock worth $27,000 after purchasing an additional 24 shares in the last quarter. Arlington Partners LLC increased its stake in shares of HubSpot by 63.9% in the first quarter. Arlington Partners LLC now owns 59 shares of the software maker’s stock valued at $28,000 after buying an additional 23 shares during the period. AdvisorNet Financial Inc raised its holdings in HubSpot by 114.3% in the 1st quarter. AdvisorNet Financial Inc now owns 60 shares of the software maker’s stock valued at $28,000 after buying an additional 32 shares during the last quarter. TimeScale Financial Inc. boosted its position in HubSpot by 240.0% during the 1st quarter. TimeScale Financial Inc. now owns 68 shares of the software maker’s stock worth $32,000 after buying an additional 48 shares during the period. Finally, HM Payson & Co. grew its holdings in HubSpot by 950.0% during the 4th quarter. HM Payson & Co. now owns 84 shares of the software maker’s stock worth $55,000 after acquiring an additional 76 shares during the last quarter. 91.05% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on HUBS shares. Cowen lowered their price objective on shares of HubSpot from $670.00 to $415.00 and set an “outperform” rating on the stock in a research note on Friday, July 22nd. Oppenheimer lifted their target price on HubSpot from $350.00 to $425.00 in a research note on Monday, August 8th. UBS Group dropped their price target on HubSpot from $390.00 to $325.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 2nd. Piper Sandler lifted their price objective on shares of HubSpot from $350.00 to $415.00 and gave the stock an “overweight” rating in a research report on Friday, August 5th. Finally, Wolfe Research dropped their price objective on shares of HubSpot from $400.00 to $370.00 and set an “outperform” rating on the stock in a research report on Monday, September 12th. Three research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, HubSpot presently has a consensus rating of “Moderate Buy” and an average target price of $523.92.

About HubSpot

(Get Rating)

HubSpot, Inc 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, sales, service, and content management systems, as well as integrated applications, such as search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, knowledge base, commerce, conversation routing, video hosting, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.

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Insider Buying and Selling by Quarter for HubSpot (NYSE:HUBS)

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