HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker Sells 4,381 Shares

HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker sold 4,381 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $700.00, for a total value of $3,066,700.00. Following the completion of the transaction, the chief financial officer now directly owns 41,259 shares in the company, valued at approximately $28,881,300. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Kathryn Bueker also recently made the following trade(s):

• On Thursday, October 10th, Kathryn Bueker sold 1,804 shares of HubSpot stock. The stock was sold at an average price of $550.00, for a total transaction of $992,200.00.
• On Wednesday, October 2nd, Kathryn Bueker sold 1,136 shares of HubSpot stock. The shares were sold at an average price of $525.84, for a total transaction of $597,354.24.

HubSpot Stock Performance

Shares of HUBS stock opened at $700.00 on Thursday. The firm’s 50 day moving average price is $543.21 and its 200-day moving average price is $546.16. HubSpot, Inc. has a one year low of $434.84 and a one year high of $724.61. The firm has a market cap of $36.13 billion, a P/E ratio of -2,592.50, a P/E/G ratio of 85.25 and a beta of 1.63.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, November 6th. The software maker reported $2.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.91 by $0.27. The business had revenue of $669.72 million during the quarter, compared to analysts’ expectations of $646.97 million. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. The company’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.04) EPS. As a group, research analysts predict that HubSpot, Inc. will post 0.4 EPS for the current fiscal year.

Analyst Ratings Changes

HUBS has been the topic of several analyst reports. Evercore ISI lifted their price target on shares of HubSpot from $610.00 to $700.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. UBS Group lifted their target price on HubSpot from $550.00 to $650.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Citigroup reduced their price target on HubSpot from $699.00 to $629.00 and set a “buy” rating for the company in a research report on Friday, August 9th. The Goldman Sachs Group lifted their price objective on HubSpot from $626.00 to $690.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Finally, Truist Financial reiterated a “buy” rating and set a $750.00 price objective (up from $600.00) on shares of HubSpot in a research note on Friday, November 8th. Five investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $666.26.

Institutional Investors Weigh In On HubSpot

Hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new position in HubSpot in the second quarter worth $35,000. HM Payson & Co. lifted its holdings in HubSpot by 36.0% in the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock valued at $36,000 after purchasing an additional 18 shares in the last quarter. Crewe Advisors LLC grew its holdings in HubSpot by 525.0% in the 2nd quarter. Crewe Advisors LLC now owns 75 shares of the software maker’s stock valued at $44,000 after buying an additional 63 shares during the period. J.Safra Asset Management Corp increased its stake in HubSpot by 690.9% during the second quarter. J.Safra Asset Management Corp now owns 87 shares of the software maker’s stock worth $51,000 after acquiring an additional 76 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in shares of HubSpot by 41.6% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 109 shares of the software maker’s stock worth $64,000 after purchasing an additional 32 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

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.