HubSpot Inc (NYSE:HUBS) Director Julia Herendeen sold 495 shares of the business’s stock in a transaction dated Monday, April 16th. The shares were sold at an average price of $111.55, for a total value of $55,217.25. Following the sale, the director now owns 4,899 shares of the company’s stock, valued at $546,483.45. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Julia Herendeen also recently made the following trade(s):
- On Thursday, February 15th, Julia Herendeen sold 1,000 shares of HubSpot stock. The shares were sold at an average price of $103.45, for a total value of $103,450.00.
Shares of NYSE:HUBS opened at $115.70 on Wednesday. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 1.42. HubSpot Inc has a 12-month low of $61.45 and a 12-month high of $124.45.
HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Tuesday, February 13th. The software maker reported ($0.22) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.24) by $0.02. The company had revenue of $106.54 million during the quarter, compared to the consensus estimate of $101.60 million. HubSpot had a negative return on equity of 16.27% and a negative net margin of 10.57%. sell-side analysts forecast that HubSpot Inc will post -1.26 EPS for the current year.
Several large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp grew its stake in shares of HubSpot by 10.6% during the 4th quarter. Bank of New York Mellon Corp now owns 2,395,691 shares of the software maker’s stock valued at $211,779,000 after acquiring an additional 229,182 shares during the period. BlackRock Inc. grew its stake in shares of HubSpot by 3.2% during the 4th quarter. BlackRock Inc. now owns 2,302,801 shares of the software maker’s stock valued at $203,569,000 after acquiring an additional 71,538 shares during the period. Jennison Associates LLC grew its stake in shares of HubSpot by 135.8% during the 4th quarter. Jennison Associates LLC now owns 1,273,084 shares of the software maker’s stock valued at $112,541,000 after acquiring an additional 733,246 shares during the period. Alliancebernstein L.P. grew its stake in shares of HubSpot by 9.0% during the 4th quarter. Alliancebernstein L.P. now owns 1,233,632 shares of the software maker’s stock valued at $109,053,000 after acquiring an additional 101,364 shares during the period. Finally, First Trust Advisors LP lifted its holdings in HubSpot by 7.8% in the 4th quarter. First Trust Advisors LP now owns 961,683 shares of the software maker’s stock worth $85,013,000 after purchasing an additional 69,612 shares in the last quarter. Institutional investors own 98.81% of the company’s stock.
A number of equities research analysts have issued reports on the company. UBS downgraded HubSpot from a “buy” rating to a “neutral” rating and set a $123.00 price target for the company. in a research note on Thursday, March 8th. Zacks Investment Research upgraded HubSpot from a “sell” rating to a “hold” rating in a research note on Tuesday, March 20th. Evercore ISI downgraded HubSpot from an “outperform” rating to an “in-line” rating and set a $90.00 price target for the company. in a research note on Monday, March 12th. They noted that the move was a valuation call. ValuEngine upgraded HubSpot from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Finally, SunTrust Banks boosted their price target on HubSpot to $112.00 and gave the company a “buy” rating in a research note on Wednesday, February 14th. Six investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $97.93.
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HubSpot Company Profile
HubSpot, Inc provides cloud-based marketing and sales software platform that enables businesses to deliver an inbound experience. Its software platform features integrated applications to help businesses to convert visitors into leads, close leads into customers and customers to become promoters of those businesses.
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