HubSpot (NYSE:HUBS) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of HubSpot (NYSE:HUBS – Get Rating) in a research note published on Thursday morning. The brokerage issued a hold rating on the software maker’s stock.

A number of other research firms have also recently commented on HUBS. Needham & Company LLC boosted their price target on HubSpot from $380.00 to $470.00 and gave the stock a buy rating in a report on Friday, February 17th. Raymond James boosted their price target on HubSpot from $360.00 to $500.00 and gave the stock a strong-buy rating in a report on Friday, February 17th. Mizuho boosted their price target on HubSpot from $350.00 to $450.00 and gave the stock a buy rating in a report on Friday, February 17th. UBS Group boosted their price target on HubSpot from $385.00 to $430.00 in a report on Friday, February 17th. Finally, Canaccord Genuity Group lifted their price objective on HubSpot from $385.00 to $430.00 and gave the stock a buy rating in a research note on Friday, February 17th. Three equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, HubSpot currently has an average rating of Moderate Buy and an average price target of $422.65.

HubSpot Stock Down 0.4 %

HUBS stock opened at $397.48 on Thursday. HubSpot has a twelve month low of $245.03 and a twelve month high of $527.06. The company has a quick ratio of 2.30, a current ratio of 2.30 and a debt-to-equity ratio of 0.46. The business’s 50-day moving average price is $363.61 and its 200-day moving average price is $313.77.

HubSpot (NYSE:HUBS – Get Rating) last posted its quarterly earnings data on Thursday, February 16th. The software maker reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.22. HubSpot had a negative return on equity of 11.16% and a negative net margin of 6.51%. The firm had revenue of $469.66 million for the quarter, compared to analysts’ expectations of $444.95 million. As a group, research analysts predict that HubSpot will post -1.58 EPS for the current year.

Insider Buying and Selling at HubSpot

In other HubSpot news, CTO Dharmesh Shah sold 30,000 shares of the company’s stock in a transaction on Tuesday, January 10th. The stock was sold at an average price of $285.88, for a total value of $8,576,400.00. Following the transaction, the chief technology officer now owns 1,479,416 shares of the company’s stock, valued at approximately $422,935,446.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other HubSpot news, insider Brian Halligan sold 8,500 shares of the company’s stock in a transaction on Tuesday, December 20th. The stock was sold at an average price of $282.36, for a total value of $2,400,060.00. Following the completion of the sale, the insider now directly owns 631,280 shares in the company, valued at approximately $178,248,220.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Dharmesh Shah sold 30,000 shares of the company’s stock in a transaction on Tuesday, January 10th. The stock was sold at an average price of $285.88, for a total value of $8,576,400.00. Following the completion of the sale, the chief technology officer now owns 1,479,416 shares of the company’s stock, valued at $422,935,446.08. The disclosure for this sale can be found here. Insiders have sold 58,809 shares of company stock valued at $17,779,233 in the last quarter. 5.60% of the stock is owned by insiders.

Institutional Investors Weigh In On HubSpot

Several hedge funds have recently made changes to their positions in HUBS. Trustcore Financial Services LLC lifted its holdings in shares of HubSpot by 66.1% in the 3rd quarter. Trustcore Financial Services LLC now owns 98 shares of the software maker’s stock worth $26,000 after buying an additional 39 shares during the period. Armstrong Advisory Group Inc. purchased a new stake in shares of HubSpot in the 4th quarter worth $29,000. Lindbrook Capital LLC lifted its holdings in shares of HubSpot by 253.6% in the 4th quarter. Lindbrook Capital LLC now owns 99 shares of the software maker’s stock worth $29,000 after buying an additional 71 shares during the period. UMB Bank n.a. purchased a new stake in shares of HubSpot in the 4th quarter worth $33,000. Finally, CI Investments Inc. lifted its holdings in shares of HubSpot by 113.8% in the 4th quarter. CI Investments Inc. now owns 124 shares of the software maker’s stock worth $36,000 after buying an additional 66 shares during the period. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

HubSpot Company Profile

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HubSpot, Inc engages in cloud-based customer relationship management. Its platform includes marketing, sales, service, operations and content management system, as well as other tools, integrations and a native payment solutions. It operates through the following geographical segments: Americas, Europe and Asia Pacific.