347 Shares in HubSpot, Inc. (NYSE:HUBS) Acquired by Certuity LLC

Certuity LLC bought a new position in shares of HubSpot, Inc. (NYSE:HUBSFree Report) in the fourth quarter, HoldingsChannel reports. The firm bought 347 shares of the software maker’s stock, valued at approximately $201,000.

A number of other large investors have also bought and sold shares of the business. HB Wealth Management LLC increased its stake in HubSpot by 3.5% during the 4th quarter. HB Wealth Management LLC now owns 562 shares of the software maker’s stock worth $326,000 after purchasing an additional 19 shares in the last quarter. Knights of Columbus Asset Advisors LLC increased its stake in HubSpot by 0.7% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 2,879 shares of the software maker’s stock worth $1,671,000 after purchasing an additional 20 shares in the last quarter. Hazlett Burt & Watson Inc. increased its stake in HubSpot by 29.2% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 93 shares of the software maker’s stock worth $55,000 after purchasing an additional 21 shares in the last quarter. Quantum Private Wealth LLC boosted its position in HubSpot by 0.5% during the 4th quarter. Quantum Private Wealth LLC now owns 4,220 shares of the software maker’s stock worth $2,450,000 after acquiring an additional 21 shares during the last quarter. Finally, Lindbrook Capital LLC boosted its position in HubSpot by 21.9% during the 4th quarter. Lindbrook Capital LLC now owns 117 shares of the software maker’s stock worth $68,000 after acquiring an additional 21 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on HUBS shares. Truist Financial upped their price target on HubSpot from $600.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, February 15th. Piper Sandler reaffirmed an “overweight” rating and set a $675.00 price target on shares of HubSpot in a research report on Friday, April 5th. Wells Fargo & Company upped their price target on HubSpot from $700.00 to $725.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. Scotiabank upped their price target on HubSpot from $650.00 to $700.00 and gave the stock a “sector outperform” rating in a research report on Friday, April 5th. Finally, JPMorgan Chase & Co. upped their price target on HubSpot from $530.00 to $630.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $642.36.

Get Our Latest Analysis on HubSpot

HubSpot Stock Performance

HUBS stock opened at $590.89 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 0.35. The business’s fifty day moving average price is $628.53 and its two-hundred day moving average price is $562.84. HubSpot, Inc. has a fifty-two week low of $407.23 and a fifty-two week high of $693.85.

HubSpot (NYSE:HUBSGet Free Report) last posted its quarterly earnings data on Wednesday, February 14th. The software maker reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.22. The firm had revenue of $581.91 million for the quarter, compared to analysts’ expectations of $557.48 million. HubSpot had a negative return on equity of 6.38% and a negative net margin of 8.12%. As a group, analysts anticipate that HubSpot, Inc. will post -0.98 EPS for the current year.

Insider Buying and Selling

In related news, insider Dawson Alyssa Harvey sold 1,086 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $618.25, for a total value of $671,419.50. Following the transaction, the insider now owns 7,783 shares in the company, valued at $4,811,839.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Dawson Alyssa Harvey sold 1,086 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $618.25, for a total value of $671,419.50. Following the transaction, the insider now owns 7,783 shares in the company, valued at $4,811,839.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Brian Halligan sold 8,500 shares of the firm’s stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $636.18, for a total value of $5,407,530.00. Following the completion of 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 quarter, insiders have sold 21,393 shares of company stock worth $13,421,401. Company insiders own 4.90% of the company’s stock.

HubSpot 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.

Further Reading

Want to see what other hedge funds are holding HUBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HubSpot, Inc. (NYSE:HUBSFree Report).

Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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