HubSpot Inc (NYSE:HUBS) Director Julia Herendeen sold 1,000 shares of the business’s stock in a transaction that occurred on Saturday, December 29th. The shares were sold at an average price of $89.15, for a total value of $89,150.00. Following the sale, the director now owns 5,540 shares in the company, valued at $493,891. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Julia Herendeen also recently made the following trade(s):

  • On Friday, December 29th, Julia Herendeen sold 1,000 shares of HubSpot stock. The shares were sold at an average price of $89.15, for a total value of $89,150.00.

Shares of HubSpot Inc (NYSE HUBS) traded up $1.05 during trading hours on Tuesday, reaching $89.45. The company’s stock had a trading volume of 341,226 shares, compared to its average volume of 323,400. HubSpot Inc has a 52-week low of $46.80 and a 52-week high of $93.53. The company has a market capitalization of $3,300.00, a PE ratio of -77.11 and a beta of 2.29. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 1.41.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, November 1st. The software maker reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.15. The firm had revenue of $97.73 million for the quarter, compared to analysts’ expectations of $96.50 million. HubSpot had a negative return on equity of 21.93% and a negative net margin of 12.16%. The business’s revenue was up 38.4% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.05) earnings per share. equities research analysts forecast that HubSpot Inc will post -0.99 earnings per share for the current fiscal year.

A number of analysts have recently issued reports on HUBS shares. UBS Group boosted their price objective on HubSpot from $84.00 to $103.00 and gave the company a “buy” rating in a research report on Thursday, November 9th. Morgan Stanley boosted their price objective on HubSpot from $90.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, October 23rd. Needham & Company LLC restated a “buy” rating and set a $80.00 price objective on shares of HubSpot in a research report on Tuesday, September 19th. Canaccord Genuity boosted their price objective on HubSpot from $8,398.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday, November 2nd. Finally, Zacks Investment Research upgraded HubSpot from a “hold” rating to a “buy” rating and set a $95.00 price target on the stock in a research report on Tuesday, October 3rd. Two investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $85.06.

Several hedge funds have recently made changes to their positions in HUBS. Lord Abbett & CO. LLC grew its holdings in shares of HubSpot by 74.6% during the second quarter. Lord Abbett & CO. LLC now owns 474,251 shares of the software maker’s stock worth $31,182,000 after purchasing an additional 202,640 shares during the last quarter. CI Global Investments Inc. grew its holdings in shares of HubSpot by 344.7% during the third quarter. CI Global Investments Inc. now owns 200,100 shares of the software maker’s stock worth $16,818,000 after purchasing an additional 155,100 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of HubSpot by 48.8% during the second quarter. Goldman Sachs Group Inc. now owns 378,892 shares of the software maker’s stock worth $24,913,000 after purchasing an additional 124,238 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of HubSpot by 27.6% during the third quarter. Jennison Associates LLC now owns 539,838 shares of the software maker’s stock worth $45,373,000 after purchasing an additional 116,861 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of HubSpot by 29.0% during the third quarter. JPMorgan Chase & Co. now owns 505,034 shares of the software maker’s stock worth $41,386,000 after purchasing an additional 113,604 shares during the last quarter. Institutional investors own 93.11% of the company’s stock.

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About HubSpot

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)

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