B. Metzler seel. Sohn & Co. Holding AG Invests $1.71 Million in HubSpot, Inc. (NYSE:HUBS)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of HubSpot, Inc. (NYSE:HUBS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,210 shares of the software maker’s stock, valued at approximately $1,706,000.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in HubSpot in the 2nd quarter valued at about $35,000. HM Payson & Co. raised its holdings in HubSpot by 36.0% in the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock valued at $36,000 after acquiring an additional 18 shares during the period. Crewe Advisors LLC raised its holdings in HubSpot by 525.0% in the 2nd quarter. Crewe Advisors LLC now owns 75 shares of the software maker’s stock valued at $44,000 after acquiring an additional 63 shares during the period. J.Safra Asset Management Corp raised its holdings in HubSpot by 690.9% in the 2nd quarter. J.Safra Asset Management Corp now owns 87 shares of the software maker’s stock valued at $51,000 after acquiring an additional 76 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in HubSpot by 41.6% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 109 shares of the software maker’s stock valued at $64,000 after acquiring an additional 32 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

HubSpot Trading Up 3.2 %

HUBS opened at $742.74 on Friday. HubSpot, Inc. has a 1-year low of $434.84 and a 1-year high of $745.49. The company has a market cap of $38.34 billion, a P/E ratio of -2,750.89, a price-to-earnings-growth ratio of 82.97 and a beta of 1.63. The company has a fifty day moving average price of $575.54 and a two-hundred day moving average price of $551.94.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, November 6th. The software maker reported $2.18 EPS for the quarter, topping the consensus estimate of $1.91 by $0.27. The company had revenue of $669.72 million during the quarter, compared to the consensus estimate of $646.97 million. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.04) earnings per share. On average, research analysts forecast that HubSpot, Inc. will post 0.4 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on HUBS shares. JPMorgan Chase & Co. increased their price target on shares of HubSpot from $560.00 to $635.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Oppenheimer increased their price target on shares of HubSpot from $625.00 to $740.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Wells Fargo & Company increased their price target on shares of HubSpot from $625.00 to $750.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. The Goldman Sachs Group raised their target price on shares of HubSpot from $626.00 to $690.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, Stifel Nicolaus raised their target price on shares of HubSpot from $600.00 to $625.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. Five investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $672.68.

Insider Transactions at HubSpot

In other HubSpot news, CEO Yamini Rangan sold 116 shares of the business’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $491.19, for a total value of $56,978.04. Following the transaction, the chief executive officer now directly owns 67,203 shares in the company, valued at $33,009,441.57. The trade was a 0.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $661.59, for a total transaction of $5,623,515.00. Following the completion of the transaction, the insider now owns 513,698 shares in the company, valued at approximately $339,857,459.82. The trade was a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 44,391 shares of company stock valued at $29,101,488 over the last three months. Corporate insiders own 4.50% of the company’s stock.

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.