Slow Capital Inc. Increases Holdings in HubSpot, Inc. (NYSE:HUBS)

Slow Capital Inc. lifted its position in shares of HubSpot, Inc. (NYSE:HUBS) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,301 shares of the software maker’s stock after buying an additional 71 shares during the period. Slow Capital Inc.’s holdings in HubSpot were worth $3,658,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Venturi Wealth Management LLC increased its stake in HubSpot by 335.7% in the 4th quarter. Venturi Wealth Management LLC now owns 61 shares of the software maker’s stock worth $35,000 after purchasing an additional 47 shares during the period. Quarry LP increased its stake in HubSpot by 333.3% in the 1st quarter. Quarry LP now owns 91 shares of the software maker’s stock worth $39,000 after purchasing an additional 70 shares during the period. Hazlett Burt & Watson Inc. increased its stake in HubSpot by 29.2% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 93 shares of the software maker’s stock worth $55,000 after purchasing an additional 21 shares during the period. Alta Advisers Ltd purchased a new position in HubSpot in the 3rd quarter worth approximately $49,000. Finally, CVA Family Office LLC purchased a new position in HubSpot in the 4th quarter worth approximately $58,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HUBS has been the topic of a number of recent analyst reports. William Blair reiterated an “outperform” rating on shares of HubSpot in a research report on Thursday, February 15th. Canaccord Genuity Group lifted their price objective on HubSpot from $700.00 to $750.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Wolfe Research lifted their price objective on HubSpot from $660.00 to $715.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. Truist Financial lifted their price objective on HubSpot from $600.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, February 15th. Finally, Wells Fargo & Company lifted their price objective on HubSpot from $700.00 to $725.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, HubSpot currently has an average rating of “Moderate Buy” and an average target price of $642.36.

HubSpot Stock Down 0.6 %

Shares of HUBS stock traded down $3.78 during mid-day trading on Wednesday, hitting $633.85. The company’s stock had a trading volume of 364,173 shares, compared to its average volume of 595,674. HubSpot, Inc. has a 52-week low of $399.48 and a 52-week high of $693.85. The business has a 50-day moving average price of $624.52 and a 200 day moving average price of $550.72. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.96 and a current ratio of 1.96. The stock has a market cap of $32.12 billion, a price-to-earnings ratio of -178.55 and a beta of 1.58.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, February 14th. The software maker reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.22. HubSpot had a negative return on equity of 6.38% and a negative net margin of 8.12%. The firm had revenue of $581.91 million during the quarter, compared to analysts’ expectations of $557.48 million. Research analysts predict that HubSpot, Inc. will post -0.98 EPS for the current fiscal year.

Insider Transactions at HubSpot

In other news, CEO Yamini Rangan sold 2,874 shares of the business’s stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $627.12, for a total value of $1,802,342.88. Following the completion of the transaction, the chief executive officer now owns 74,784 shares in the company, valued at $46,898,542.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Yamini Rangan sold 2,874 shares of the company’s stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $627.12, for a total transaction of $1,802,342.88. Following the completion of the sale, the chief executive officer now owns 74,784 shares in the company, valued at $46,898,542.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Dawson Alyssa Harvey sold 969 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $610.00, for a total value of $591,090.00. Following the sale, the insider now owns 7,225 shares of the company’s stock, valued at approximately $4,407,250. The disclosure for this sale can be found here. Insiders sold 13,862 shares of company stock worth $8,604,961 over the last quarter. 4.90% of the stock is currently owned by insiders.

HubSpot Company Profile

HubSpot, Inc, together with its subsidiaries, 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 Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.