Thompson Siegel & Walmsley LLC acquired a new stake in shares of HubSpot Inc (NYSE:HUBS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,100 shares of the software maker’s stock, valued at approximately $389,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. CIBC Private Wealth Group LLC purchased a new stake in HubSpot during the 2nd quarter valued at approximately $174,000. Prio Wealth Limited Partnership acquired a new position in HubSpot during the 2nd quarter worth approximately $207,000. Zeke Capital Advisors LLC acquired a new position in HubSpot during the 2nd quarter worth approximately $216,000. Cornerstone Wealth Management LLC acquired a new position in HubSpot during the 2nd quarter worth approximately $217,000. Finally, Atria Investments LLC acquired a new position in HubSpot during the 2nd quarter worth approximately $225,000. 96.39% of the stock is owned by hedge funds and other institutional investors.

In other HubSpot news, General Counsel John P. Kelleher sold 3,815 shares of HubSpot stock in a transaction that occurred on Tuesday, August 21st. The shares were sold at an average price of $130.00, for a total value of $495,950.00. Following the transaction, the general counsel now owns 40,548 shares in the company, valued at $5,271,240. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Hunter Madeley sold 1,000 shares of HubSpot stock in a transaction that occurred on Friday, June 1st. The stock was sold at an average price of $121.25, for a total transaction of $121,250.00. The disclosure for this sale can be found here. Insiders have sold 127,834 shares of company stock worth $16,697,473 in the last quarter. Company insiders own 9.60% of the company’s stock.

HUBS opened at $142.95 on Wednesday. The company has a market cap of $5.44 billion, a PE ratio of -140.15 and a beta of 1.90. The company has a current ratio of 3.26, a quick ratio of 3.26 and a debt-to-equity ratio of 1.35. HubSpot Inc has a twelve month low of $67.55 and a twelve month high of $144.00.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, August 1st. The software maker reported $0.18 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.02. HubSpot had a negative net margin of 12.64% and a negative return on equity of 17.00%. The business had revenue of $122.60 million for the quarter, compared to analyst estimates of $117.75 million. During the same quarter last year, the business earned $0.07 earnings per share. The business’s revenue for the quarter was up 37.6% on a year-over-year basis. analysts anticipate that HubSpot Inc will post -1.1 earnings per share for the current year.

Several equities analysts have issued reports on HUBS shares. Raymond James boosted their target price on HubSpot from $124.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, July 30th. Zacks Investment Research cut HubSpot from a “buy” rating to a “hold” rating in a research report on Tuesday, August 7th. Needham & Company LLC boosted their target price on HubSpot and gave the stock a “buy” rating in a research report on Friday, May 11th. ValuEngine upgraded HubSpot from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 8th. Finally, Stifel Nicolaus boosted their target price on HubSpot from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, May 7th. Five equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. HubSpot currently has a consensus rating of “Buy” and a consensus price target of $120.33.

About HubSpot

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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