HubSpot (NYSE:HUBS) CFO Kathryn Bueker Sells 615 Shares of Stock

HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker sold 615 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $500.00, for a total transaction of $307,500.00. Following the completion of the sale, the chief financial officer owned 38,794 shares in the company, valued at approximately $19,397,000. The trade was a 1.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Kathryn Bueker also recently made the following trade(s):

• On Monday, September 8th, Kathryn Bueker sold 119 shares of HubSpot stock. The stock was sold at an average price of $500.00, for a total transaction of $59,500.00.

HubSpot Trading Up 2.0%

Shares of HubSpot stock opened at $459.16 on Thursday. The company’s fifty day simple moving average is $477.81 and its 200-day simple moving average is $542.11. The company has a market cap of $24.19 billion, a price-to-earnings ratio of -1,996.35, a PEG ratio of 15.53 and a beta of 1.58. HubSpot, Inc. has a 1 year low of $418.34 and a 1 year high of $881.13.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, August 6th. The software maker reported $2.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.12 by $0.07. The business had revenue of $760.87 million for the quarter, compared to the consensus estimate of $739.94 million. HubSpot had a negative net margin of 0.42% and a positive return on equity of 1.74%. HubSpot’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter last year, the company posted $1.94 earnings per share. As a group, research analysts forecast that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Institutional Trading of HubSpot

Hedge funds and other institutional investors have recently made changes to their positions in the business. Private Trust Co. NA increased its stake in shares of HubSpot by 481.5% in the first quarter. Private Trust Co. NA now owns 157 shares of the software maker’s stock valued at $90,000 after buying an additional 130 shares in the last quarter. Moody Lynn & Lieberson LLC increased its stake in shares of HubSpot by 2,038.1% in the second quarter. Moody Lynn & Lieberson LLC now owns 20,953 shares of the software maker’s stock valued at $11,663,000 after buying an additional 19,973 shares in the last quarter. Acadian Asset Management LLC increased its stake in shares of HubSpot by 15.0% in the first quarter. Acadian Asset Management LLC now owns 5,059 shares of the software maker’s stock valued at $2,888,000 after buying an additional 660 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of HubSpot by 4.6% in the first quarter. Principal Financial Group Inc. now owns 28,755 shares of the software maker’s stock valued at $16,427,000 after buying an additional 1,276 shares in the last quarter. Finally, 111 Capital increased its stake in shares of HubSpot by 83.4% in the second quarter. 111 Capital now owns 1,579 shares of the software maker’s stock valued at $879,000 after buying an additional 718 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on HUBS. BMO Capital Markets reduced their target price on HubSpot from $650.00 to $600.00 and set an “outperform” rating for the company in a research report on Thursday, August 7th. Needham & Company LLC reaffirmed a “buy” rating and issued a $900.00 target price on shares of HubSpot in a research report on Thursday, September 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of HubSpot in a research report on Saturday, September 27th. Wall Street Zen cut HubSpot from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Finally, Truist Financial reduced their target price on HubSpot from $720.00 to $675.00 and set a “buy” rating for the company in a research report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $723.11.

HubSpot Company Profile

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.