Jefferies Financial Group Lowers HubSpot (NYSE:HUBS) Price Target to $700.00

HubSpot (NYSE:HUBS) had its price objective lowered by Jefferies Financial Group from $900.00 to $700.00 in a research note released on Tuesday,Benzinga reports. Jefferies Financial Group currently has a buy rating on the software maker’s stock.

A number of other research analysts also recently weighed in on HUBS. William Blair reiterated an “outperform” rating on shares of HubSpot in a report on Thursday, February 13th. Needham & Company LLC lifted their target price on HubSpot from $730.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Morgan Stanley increased their price target on shares of HubSpot from $835.00 to $898.00 and gave the stock an “overweight” rating in a research report on Thursday, February 13th. Scotiabank boosted their price objective on shares of HubSpot from $825.00 to $900.00 and gave the company a “sector outperform” rating in a research report on Thursday, February 13th. Finally, Wells Fargo & Company upped their price objective on shares of HubSpot from $835.00 to $940.00 and gave the company an “overweight” rating in a research note on Thursday, February 13th. Five research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $834.15.

HubSpot Trading Up 3.7 %

HUBS stock opened at $546.91 on Tuesday. HubSpot has a one year low of $434.84 and a one year high of $881.13. The firm has a 50-day moving average of $642.64 and a two-hundred day moving average of $659.76. The firm has a market capitalization of $28.52 billion, a PE ratio of 6,077.41, a P/E/G ratio of 41.44 and a beta of 1.82.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 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, equities research analysts anticipate that HubSpot will post 1.01 earnings per share for the current year.

Insider Activity at HubSpot

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $810.00, for a total value of $6,885,000.00. Following the completion of the sale, the insider now directly owns 524,751 shares of the company’s stock, valued at $425,048,310. This represents a 1.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Yamini Rangan sold 2,382 shares of the business’s stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $573.92, for a total transaction of $1,367,077.44. Following the transaction, the chief executive officer now owns 72,373 shares in the company, valued at approximately $41,536,312.16. The trade was a 3.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 19,382 shares of company stock worth $13,415,657 in the last 90 days. 4.50% of the stock is owned by company insiders.

Institutional Trading of HubSpot

A number of hedge funds have recently modified their holdings of HUBS. Wilmington Savings Fund Society FSB bought a new stake in shares of HubSpot during the third quarter valued at approximately $25,000. Elequin Capital LP acquired a new stake in HubSpot during the fourth quarter worth $27,000. Larson Financial Group LLC increased its holdings in HubSpot by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 43 shares of the software maker’s stock valued at $30,000 after buying an additional 27 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in shares of HubSpot by 73.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock valued at $31,000 after buying an additional 19 shares in the last quarter. Finally, Coppell Advisory Solutions LLC lifted its holdings in shares of HubSpot by 91.7% during the 4th quarter. Coppell Advisory Solutions LLC now owns 46 shares of the software maker’s stock worth $32,000 after acquiring an additional 22 shares during the period. Institutional investors own 90.39% of the company’s stock.

HubSpot Company 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.