Brown Advisory Inc. Sells 101 Shares of HubSpot, Inc. (NYSE:HUBS)

Brown Advisory Inc. lowered its stake in shares of HubSpot, Inc. (NYSE:HUBSFree Report) by 1.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,714 shares of the software maker’s stock after selling 101 shares during the period. Brown Advisory Inc.’s holdings in HubSpot were worth $3,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Rakuten Securities Inc. bought a new stake in HubSpot in the fourth quarter worth $29,000. Venturi Wealth Management LLC increased its position in HubSpot by 335.7% in the fourth quarter. Venturi Wealth Management LLC now owns 61 shares of the software maker’s stock worth $35,000 after purchasing an additional 47 shares during the last quarter. Larson Financial Group LLC increased its position in HubSpot by 1,380.0% in the fourth quarter. Larson Financial Group LLC now owns 74 shares of the software maker’s stock worth $43,000 after purchasing an additional 69 shares during the last quarter. Alta Advisers Ltd bought a new stake in HubSpot in the third quarter worth $49,000. Finally, Principal Securities Inc. bought a new stake in HubSpot in the fourth quarter worth $50,000. Institutional investors own 90.39% of the company’s stock.

Insiders Place Their Bets

In other HubSpot news, CFO Kathryn Bueker sold 3,937 shares of the business’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $616.51, for a total value of $2,427,199.87. Following the completion of the transaction, the chief financial officer now directly owns 45,737 shares in the company, valued at $28,197,317.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CFO Kathryn Bueker sold 3,937 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $616.51, for a total transaction of $2,427,199.87. Following the transaction, the chief financial officer now owns 45,737 shares in the company, valued at $28,197,317.87. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Brian Halligan sold 8,500 shares of the company’s stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of $636.18, for a total transaction of $5,407,530.00. Following the transaction, the insider now owns 526,041 shares in the company, valued at approximately $334,656,763.38. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,244 shares of company stock worth $15,177,181. 4.90% of the stock is owned by corporate insiders.

HubSpot Stock Up 0.3 %

Shares of HubSpot stock opened at $612.60 on Thursday. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.32. The company has a 50-day simple moving average of $625.77 and a two-hundred day simple moving average of $580.86. HubSpot, Inc. has a one year low of $407.23 and a one year high of $693.85.

Analyst Upgrades and Downgrades

Several research firms have commented on HUBS. Evercore ISI lifted their price objective on shares of HubSpot from $625.00 to $650.00 and gave the stock an “in-line” rating in a research note on Thursday, February 15th. Needham & Company LLC reaffirmed a “buy” rating and set a $730.00 price objective on shares of HubSpot in a research note on Thursday, May 9th. Wells Fargo & Company lifted their price objective on shares of HubSpot from $700.00 to $725.00 and gave the stock an “overweight” rating in a research note on Thursday, February 15th. Scotiabank boosted their target price on shares of HubSpot from $650.00 to $700.00 and gave the company a “sector outperform” rating in a research note on Friday, April 5th. Finally, JPMorgan Chase & Co. boosted their target price on shares of HubSpot from $530.00 to $630.00 and gave the company an “overweight” rating in a research note on Thursday, February 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and twenty-three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $640.04.

Check Out Our Latest Analysis on HubSpot

HubSpot Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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