HubSpot, Inc. (NYSE:HUBS) Shares Bought by Keystone Investors PTE Ltd.

Keystone Investors PTE Ltd. grew its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 83.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,575 shares of the software maker’s stock after purchasing an additional 2,539 shares during the quarter. Keystone Investors PTE Ltd.’s holdings in HubSpot were worth $3,884,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in HUBS. Intech Investment Management LLC lifted its position in HubSpot by 14.9% during the third quarter. Intech Investment Management LLC now owns 2,788 shares of the software maker’s stock worth $1,482,000 after buying an additional 362 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of HubSpot by 2.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 194,538 shares of the software maker’s stock worth $103,416,000 after acquiring an additional 4,331 shares during the last quarter. Citigroup Inc. grew its holdings in HubSpot by 17.4% in the third quarter. Citigroup Inc. now owns 26,285 shares of the software maker’s stock valued at $13,973,000 after purchasing an additional 3,895 shares during the period. Penserra Capital Management LLC increased its position in HubSpot by 16.4% during the third quarter. Penserra Capital Management LLC now owns 3,380 shares of the software maker’s stock worth $1,795,000 after purchasing an additional 476 shares during the last quarter. Finally, Swedbank AB raised its stake in HubSpot by 1.7% during the third quarter. Swedbank AB now owns 26,361 shares of the software maker’s stock worth $14,014,000 after purchasing an additional 441 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Stock Up 3.3 %

Shares of NYSE HUBS opened at $626.39 on Tuesday. The stock’s 50 day moving average price is $713.86 and its two-hundred day moving average price is $657.13. HubSpot, Inc. has a 52-week low of $434.84 and a 52-week high of $881.13. The stock has a market capitalization of $32.67 billion, a P/E ratio of 6,960.61, a PEG ratio of 41.44 and a beta of 1.80.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a net margin of 0.17% and a negative return on equity of 0.07%. On average, analysts anticipate that HubSpot, Inc. will post 1.01 EPS for the current year.

Wall Street Analyst Weigh In

HUBS has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price objective on HubSpot from $635.00 to $725.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Jefferies Financial Group raised their price objective on HubSpot from $860.00 to $900.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. TD Cowen cut HubSpot from a “buy” rating to a “hold” rating and boosted their target price for the stock from $680.00 to $725.00 in a report on Friday, January 17th. Needham & Company LLC raised their price target on shares of HubSpot from $730.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Finally, Mizuho boosted their price objective on shares of HubSpot from $725.00 to $775.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. Five equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, HubSpot currently has an average rating of “Moderate Buy” and an average price target of $848.58.

Insider Transactions at HubSpot

In related news, CEO Yamini Rangan sold 3,057 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $701.59, for a total value of $2,144,760.63. Following the sale, the chief executive officer now owns 54,079 shares of the company’s stock, valued at approximately $37,941,285.61. This trade represents a 5.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $607.48, for a total value of $5,163,580.00. Following the transaction, the insider now owns 527,233 shares of the company’s stock, valued at $320,283,502.84. This represents a 1.59 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,425 shares of company stock worth $15,866,151. 4.50% of the stock is currently owned by insiders.

HubSpot 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.