Snowden Capital Advisors LLC Has $1.28 Million Stock Position in HubSpot, Inc. (NYSE:HUBS)

Snowden Capital Advisors LLC grew its position in shares of HubSpot, Inc. (NYSE:HUBS) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,834 shares of the software maker’s stock after acquiring an additional 68 shares during the quarter. Snowden Capital Advisors LLC’s holdings in HubSpot were worth $1,278,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Larson Financial Group LLC boosted its position in HubSpot by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 43 shares of the software maker’s stock worth $30,000 after acquiring an additional 27 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings 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 during the last quarter. Coppell Advisory Solutions LLC boosted its holdings in shares of HubSpot by 91.7% in the 4th quarter. Coppell Advisory Solutions LLC now owns 46 shares of the software maker’s stock valued at $32,000 after buying an additional 22 shares during the last quarter. Aster Capital Management DIFC Ltd boosted its holdings in shares of HubSpot by 213.3% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 47 shares of the software maker’s stock valued at $33,000 after buying an additional 32 shares during the last quarter. Finally, Bank of Jackson Hole Trust acquired a new stake in shares of HubSpot in the 4th quarter valued at approximately $35,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Stock Performance

Shares of HUBS opened at $660.43 on Monday. HubSpot, Inc. has a 52-week low of $434.84 and a 52-week high of $881.13. The business’s 50 day moving average price is $588.18 and its two-hundred day moving average price is $671.94. The firm has a market cap of $34.76 billion, a PE ratio of 7,338.97, a price-to-earnings-growth ratio of 41.44 and a beta of 1.78.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on HUBS. Jefferies Financial Group cut their price objective on HubSpot from $900.00 to $700.00 and set a “buy” rating for the company in a report on Tuesday, April 15th. Canaccord Genuity Group raised their price target on HubSpot from $710.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, February 13th. JPMorgan Chase & Co. raised their price target on HubSpot from $635.00 to $725.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. BMO Capital Markets cut their price target on HubSpot from $885.00 to $745.00 and set an “outperform” rating for the company in a report on Friday, May 2nd. Finally, Redburn Atlantic began coverage on HubSpot in a research report on Wednesday, February 19th. They set a “buy” rating on the stock. Five research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $767.33.

Insider Buying and Selling

In other HubSpot news, CEO Yamini Rangan sold 2,382 shares of the business’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $573.92, for a total value of $1,367,077.44. Following the transaction, the chief executive officer now owns 72,373 shares of the company’s stock, valued at approximately $41,536,312.16. The trade was a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $607.48, for a total value of $5,163,580.00. Following the completion of the transaction, the insider now directly owns 527,233 shares in the company, valued at approximately $320,283,502.84. This represents a 1.59% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 28,562 shares of company stock worth $18,401,757. 4.50% of the stock is owned by corporate insiders.

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.