Media stories about HubSpot (NYSE:HUBS) have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HubSpot earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 45.0886522509855 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
HubSpot (NYSE:HUBS) traded down $2.30 during trading on Monday, reaching $92.65. The company had a trading volume of 368,087 shares, compared to its average volume of 328,876. The company has a debt-to-equity ratio of 1.41, a quick ratio of 3.55 and a current ratio of 3.55. HubSpot has a 12-month low of $53.25 and a 12-month high of $102.30. The firm has a market capitalization of $3,460.00, a price-to-earnings ratio of -79.87 and a beta of 2.24.
A number of equities research analysts have commented on the company. Zacks Investment Research cut HubSpot from a “buy” rating to a “hold” rating in a research note on Monday. Morgan Stanley restated an “equal weight” rating and issued a $96.00 price objective (down from $99.00) on shares of HubSpot in a research note on Tuesday, January 30th. They noted that the move was a valuation call. Canaccord Genuity raised their price objective on HubSpot from $8,398.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Oppenheimer raised their price objective on HubSpot from $91.00 to $93.00 and gave the stock an “outperform” rating in a research note on Thursday, November 2nd. Finally, KeyCorp restated a “sector weight” rating on shares of HubSpot in a research note on Friday, October 13th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $86.31.
In other HubSpot news, CFO John Kinzer sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $83.39, for a total value of $1,250,850.00. Following the sale, the chief financial officer now directly 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 can be accessed through the SEC website. Also, insider Hunter Madeley sold 1,000 shares of HubSpot stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $81.60, for a total value of $81,600.00. Following the completion of the sale, the insider now directly owns 59,264 shares in the company, valued at $4,835,942.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,000 shares of company stock worth $4,385,700. 12.10% of the stock is owned by corporate insiders.
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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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