HubSpot, Inc. (NYSE:HUBS) CFO John Kinzer sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $67.23, for a total transaction of $1,008,450.00. Following the completion of the transaction, the chief financial officer now owns 92,380 shares of the company’s stock, valued at $6,210,707.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

HubSpot, Inc. (NYSE:HUBS) opened at 70.65 on Thursday. The firm’s 50 day moving average is $70.05 and its 200 day moving average is $65.46. The stock’s market capitalization is $2.62 billion. HubSpot, Inc. has a 1-year low of $44.90 and a 1-year high of $78.50.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, August 2nd. The software maker reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.08. The firm had revenue of $89.10 million during the quarter, compared to the consensus estimate of $85.80 million. HubSpot had a negative return on equity of 27.99% and a negative net margin of 13.17%. The company’s quarterly revenue was up 37.1% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.07) EPS. On average, equities research analysts anticipate that HubSpot, Inc. will post $0.05 earnings per share for the current year.

WARNING: “HubSpot, Inc. (HUBS) CFO Sells $1,008,450.00 in Stock” was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece of content on another website, it was illegally copied and republished in violation of United States and international trademark & copyright law. The original version of this piece of content can be read at https://www.thecerbatgem.com/2017/08/17/hubspot-inc-hubs-cfo-sells-1008450-00-in-stock.html.

A number of equities analysts have recently commented on HUBS shares. UBS AG restated an “outperform” rating and issued a $80.00 price objective (up from $78.00) on shares of HubSpot in a research report on Wednesday, August 9th. CIBC restated a “buy” rating and issued a $78.00 price objective on shares of HubSpot in a research report on Thursday, May 4th. SunTrust Banks, Inc. started coverage on shares of HubSpot in a research report on Monday, June 26th. They issued a “buy” rating and a $81.00 price objective for the company. Zacks Investment Research lowered shares of HubSpot from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Finally, Oppenheimer Holdings, Inc. set a $80.00 price objective on shares of HubSpot and gave the company a “buy” rating in a research report on Thursday, August 3rd. Four investment analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $72.19.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Verition Fund Management LLC increased its position in HubSpot by 37.8% in the second quarter. Verition Fund Management LLC now owns 5,099 shares of the software maker’s stock worth $335,000 after buying an additional 1,399 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in HubSpot by 18.5% in the second quarter. Ameritas Investment Partners Inc. now owns 2,955 shares of the software maker’s stock worth $194,000 after buying an additional 462 shares in the last quarter. California State Teachers Retirement System increased its position in HubSpot by 5.0% in the second quarter. California State Teachers Retirement System now owns 59,663 shares of the software maker’s stock worth $3,923,000 after buying an additional 2,834 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in HubSpot by 16.0% in the second quarter. The Manufacturers Life Insurance Company now owns 26,081 shares of the software maker’s stock worth $1,714,000 after buying an additional 3,589 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its position in HubSpot by 150.4% in the second quarter. Cubist Systematic Strategies LLC now owns 17,244 shares of the software maker’s stock worth $1,134,000 after buying an additional 10,358 shares in the last quarter. Hedge funds and other institutional investors own 96.19% of the company’s stock.

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.

Insider Buying and Selling by Quarter for HubSpot (NYSE:HUBS)

Receive News & Stock Ratings for HubSpot Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HubSpot Inc. and related stocks with our FREE daily email newsletter.