HubSpot, Inc. (NYSE:HUBS) Stock Holdings Lowered by Fi3 FINANCIAL ADVISORS LLC

Fi3 FINANCIAL ADVISORS LLC reduced its holdings in HubSpot, Inc. (NYSE:HUBS) by 10.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 388 shares of the software maker’s stock after selling 47 shares during the quarter. Fi3 FINANCIAL ADVISORS LLC’s holdings in HubSpot were worth $270,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Larson Financial Group LLC raised its holdings in shares of HubSpot by 168.8% during the fourth quarter. Larson Financial Group LLC now owns 43 shares of the software maker’s stock valued at $30,000 after acquiring an additional 27 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of HubSpot by 73.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock valued at $31,000 after acquiring an additional 19 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of HubSpot during the third quarter valued at approximately $25,000. Bank of Jackson Hole Trust acquired a new stake in shares of HubSpot during the fourth quarter valued at approximately $35,000. Finally, Friedenthal Financial acquired a new stake in shares of HubSpot during the fourth quarter valued at approximately $50,000. 90.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

HUBS has been the topic of a number of recent analyst reports. Mizuho boosted their price target on shares of HubSpot from $725.00 to $775.00 and gave the company an “outperform” rating in a report on Friday, December 13th. JPMorgan Chase & Co. boosted their price target on shares of HubSpot from $635.00 to $725.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. Oppenheimer boosted their price objective on shares of HubSpot from $850.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. StockNews.com downgraded shares of HubSpot from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Stephens began coverage on shares of HubSpot in a research report on Wednesday. They set an “overweight” rating and a $769.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, HubSpot has an average rating of “Moderate Buy” and a consensus target price of $853.32.

HubSpot Stock Performance

Shares of HUBS stock opened at $604.89 on Friday. HubSpot, Inc. has a 52-week low of $434.84 and a 52-week high of $881.13. The stock has a market cap of $31.55 billion, a price-to-earnings ratio of 6,721.75, a P/E/G ratio of 41.44 and a beta of 1.80. The firm has a fifty day moving average of $715.33 and a 200-day moving average of $654.03.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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, sell-side analysts predict that HubSpot, Inc. will post 1.01 earnings per share for the current year.

Insider Activity

In related news, Director Lorrie M. Norrington sold 572 shares of the stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $721.60, for a total transaction of $412,755.20. Following the completion of the sale, the director now owns 1,125 shares in the company, valued at $811,800. This trade represents a 33.71 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Yamini Rangan sold 3,057 shares of the stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $701.59, for a total transaction of $2,144,760.63. Following the sale, the chief executive officer now owns 54,079 shares of the company’s stock, valued at $37,941,285.61. This trade represents a 5.35 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 22,425 shares of company stock worth $15,866,151. 4.50% of the stock is currently owned by corporate insiders.

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.