352 Shares in HubSpot, Inc. $HUBS Acquired by Compound Planning Inc.

Compound Planning Inc. acquired a new stake in HubSpot, Inc. (NYSE:HUBS) in the first quarter, HoldingsChannel.com reports. The firm acquired 352 shares of the software maker’s stock, valued at approximately $201,000.

Several other large investors have also modified their holdings of HUBS. Ameriprise Financial Inc. increased its holdings in shares of HubSpot by 63.3% in the 1st quarter. Ameriprise Financial Inc. now owns 199,373 shares of the software maker’s stock valued at $113,899,000 after acquiring an additional 77,258 shares during the period. Kaufman Rossin Wealth LLC acquired a new stake in HubSpot during the 1st quarter worth $333,000. Price T Rowe Associates Inc. MD grew its position in HubSpot by 17.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,910,062 shares of the software maker’s stock worth $2,805,070,000 after purchasing an additional 714,980 shares during the last quarter. TFB Advisors LLC acquired a new position in HubSpot in the first quarter valued at $272,000. Finally, Knollwood Investment Advisory LLC raised its holdings in shares of HubSpot by 1.4% in the first quarter. Knollwood Investment Advisory LLC now owns 5,595 shares of the software maker’s stock valued at $3,196,000 after buying an additional 75 shares during the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity at HubSpot

In related news, CFO Kathryn Bueker sold 615 shares of the business’s stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $551.79, for a total transaction of $339,350.85. Following the sale, the chief financial officer owned 41,086 shares of the company’s stock, valued at approximately $22,670,843.94. The trade was a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $449.84, for a total transaction of $3,823,640.00. Following the transaction, the director owned 522,435 shares in the company, valued at $235,012,160.40. The trade was a 1.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,498 shares of company stock worth $14,752,256 over the last 90 days. Company insiders own 4.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. BMO Capital Markets lowered their price target on HubSpot from $650.00 to $600.00 and set an “outperform” rating on the stock in a report on Thursday, August 7th. Stifel Nicolaus decreased their price objective on HubSpot from $750.00 to $700.00 and set a “buy” rating for the company in a research report on Monday, July 14th. Wells Fargo & Company boosted their target price on HubSpot from $675.00 to $680.00 and gave the company an “overweight” rating in a report on Thursday, August 7th. KeyCorp cut their price target on HubSpot from $860.00 to $775.00 and set an “overweight” rating for the company in a research note on Thursday, August 7th. Finally, UBS Group decreased their price target on HubSpot from $820.00 to $700.00 and set a “buy” rating for the company in a report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $726.04.

HubSpot Price Performance

HubSpot stock opened at $476.43 on Friday. The stock’s 50 day moving average price is $512.28 and its 200 day moving average price is $582.68. HubSpot, Inc. has a 1-year low of $418.34 and a 1-year high of $881.13. The company has a market cap of $25.10 billion, a PE ratio of -2,071.41, a price-to-earnings-growth ratio of 16.17 and a beta of 1.66.

HubSpot (NYSE:HUBS) last released 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 firm had revenue of $760.87 million during the quarter, compared to analysts’ expectations of $739.94 million. HubSpot had a positive return on equity of 1.74% and a negative net margin of 0.42%.HubSpot’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.94 earnings per share. On average, equities research analysts anticipate that HubSpot, Inc. will post 1.01 EPS for the current fiscal year.

About HubSpot

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.