HubSpot, Inc. (HUBS) Shares Bought by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA boosted its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 41.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,016 shares of the software maker’s stock after acquiring an additional 2,938 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in HubSpot were worth $1,085,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Teachers Advisors LLC boosted its stake in shares of HubSpot by 0.3% in the 4th quarter. Teachers Advisors LLC now owns 174,889 shares of the software maker’s stock valued at $15,460,000 after purchasing an additional 569 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of HubSpot by 35.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the software maker’s stock valued at $206,000 after purchasing an additional 606 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of HubSpot by 2.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 26,486 shares of the software maker’s stock valued at $2,341,000 after purchasing an additional 636 shares during the last quarter. Natixis Asset Management boosted its stake in shares of HubSpot by 6.0% in the 4th quarter. Natixis Asset Management now owns 14,640 shares of the software maker’s stock valued at $1,294,000 after purchasing an additional 825 shares during the last quarter. Finally, Swiss National Bank boosted its stake in shares of HubSpot by 2.5% in the 1st quarter. Swiss National Bank now owns 58,200 shares of the software maker’s stock valued at $6,303,000 after purchasing an additional 1,400 shares during the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:HUBS opened at $136.90 on Friday. The company has a market capitalization of $5.10 billion, a P/E ratio of -134.22 and a beta of 1.98. The company has a debt-to-equity ratio of 1.37, a quick ratio of 3.22 and a current ratio of 3.22. HubSpot, Inc. has a fifty-two week low of $63.00 and a fifty-two week high of $138.26.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Thursday, May 10th. The software maker reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.04. The business had revenue of $114.56 million for the quarter, compared to the consensus estimate of $109.89 million. HubSpot had a negative net margin of 11.54% and a negative return on equity of 15.17%. HubSpot’s revenue for the quarter was up 39.3% on a year-over-year basis. During the same period last year, the company posted $0.03 EPS. analysts forecast that HubSpot, Inc. will post -1.15 EPS for the current fiscal year.

HUBS has been the topic of several recent research reports. Needham & Company LLC raised their target price on shares of HubSpot and gave the company a “buy” rating in a research note on Friday, May 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $119.00 target price (up previously from $104.00) on shares of HubSpot in a research note on Monday, April 23rd. Stifel Nicolaus raised their target price on shares of HubSpot from $122.00 to $136.00 and gave the company a “buy” rating in a research note on Thursday. Canaccord Genuity raised their target price on shares of HubSpot from $115.00 to $135.00 and gave the company a “buy” rating in a research note on Friday, May 11th. Finally, SunTrust Banks raised their target price on shares of HubSpot to $135.00 and gave the company a “buy” rating in a research note on Friday, May 11th. Seven analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $110.07.

In other HubSpot news, insider Hunter Madeley sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 2nd. The shares were sold at an average price of $105.30, for a total transaction of $105,300.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Brian Halligan sold 22,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 20th. The stock was sold at an average price of $118.09, for a total transaction of $2,657,025.00. Following the sale, the chief executive officer now owns 754,598 shares in the company, valued at $89,110,477.82. The disclosure for this sale can be found here. Insiders have sold a total of 118,793 shares of company stock worth $13,497,374 over the last 90 days. Corporate insiders own 9.60% of the company’s stock.

HubSpot Profile

HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. Its software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, sales productivity, CRM, analytics, and reporting.

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Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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