Stifel Financial Corp boosted its position in HubSpot Inc (NYSE:HUBS) by 49.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 148,900 shares of the software maker’s stock after purchasing an additional 49,250 shares during the quarter. Stifel Financial Corp owned about 0.38% of HubSpot worth $18,736,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Los Angeles Capital Management & Equity Research Inc. boosted its position in shares of HubSpot by 69.4% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 20,385 shares of the software maker’s stock worth $3,077,000 after acquiring an additional 8,350 shares during the last quarter. Penserra Capital Management LLC acquired a new position in HubSpot during the third quarter valued at approximately $160,000. SG Americas Securities LLC lifted its position in HubSpot by 118.4% during the third quarter. SG Americas Securities LLC now owns 6,055 shares of the software maker’s stock valued at $914,000 after buying an additional 3,283 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in HubSpot during the third quarter valued at approximately $452,000. Finally, Swiss National Bank raised its stake in shares of HubSpot by 1.4% during the third quarter. Swiss National Bank now owns 63,600 shares of the software maker’s stock valued at $9,600,000 after purchasing an additional 900 shares during the period. Institutional investors and hedge funds own 95.74% of the company’s stock.

HUBS stock traded down $0.67 during trading on Friday, hitting $167.59. The company had a trading volume of 3,695 shares, compared to its average volume of 646,990. The company has a market capitalization of $6.64 billion, a P/E ratio of -164.90 and a beta of 1.91. HubSpot Inc has a fifty-two week low of $101.45 and a fifty-two week high of $180.00. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 1.30.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Tuesday, February 12th. The software maker reported $0.37 earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.54. HubSpot had a negative net margin of 12.44% and a negative return on equity of 17.08%. The business had revenue of $144.02 million during the quarter, compared to the consensus estimate of $137.48 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. The company’s quarterly revenue was up 35.2% compared to the same quarter last year. Equities analysts anticipate that HubSpot Inc will post -1.09 EPS for the current year.

A number of research firms have recently issued reports on HUBS. Zacks Investment Research upgraded shares of HubSpot from a “hold” rating to a “buy” rating and set a $170.00 price objective on the stock in a research note on Monday, January 28th. Needham & Company LLC reiterated a “buy” rating and set a $198.00 price objective (up previously from $145.00) on shares of HubSpot in a research note on Wednesday, February 13th. Canaccord Genuity lifted their price objective on shares of HubSpot from $160.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, February 13th. Deutsche Bank lifted their price objective on shares of HubSpot from $150.00 to $168.00 and gave the company a “hold” rating in a research note on Wednesday, February 13th. Finally, Stifel Nicolaus lifted their price objective on shares of HubSpot from $160.00 to $185.00 and gave the company a “buy” rating in a research note on Wednesday, February 13th. Eight analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $175.31.

In other HubSpot news, CEO Brian Halligan sold 15,277 shares of the business’s stock in a transaction dated Thursday, December 20th. The stock was sold at an average price of $123.18, for a total transaction of $1,881,820.86. Following the sale, the chief executive officer now owns 680,046 shares in the company, valued at approximately $83,768,066.28. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel John P. Kelleher sold 972 shares of the business’s stock in a transaction dated Thursday, January 3rd. The stock was sold at an average price of $122.60, for a total value of $119,167.20. Following the sale, the general counsel now owns 39,659 shares in the company, valued at approximately $4,862,193.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 71,643 shares of company stock worth $10,482,822. 9.60% of the stock is owned by company insiders.

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HubSpot Profile

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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