HubSpot, Inc. (NYSE:HUBS) CFO Sells $992,200.00 in Stock

HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker sold 1,804 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $550.00, for a total value of $992,200.00. Following the transaction, the chief financial officer now directly owns 41,259 shares of the company’s stock, valued at $22,692,450. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Kathryn Bueker also recently made the following trade(s):

• On Wednesday, October 2nd, Kathryn Bueker sold 1,136 shares of HubSpot stock. The stock was sold at an average price of $525.84, for a total value of $597,354.24.

HubSpot Trading Up 1.1 %

HubSpot stock opened at $559.40 on Monday. HubSpot, Inc. has a 1-year low of $407.23 and a 1-year high of $693.85. The firm has a market capitalization of $28.51 billion, a price-to-earnings ratio of -211.09, a price-to-earnings-growth ratio of 7,193.98 and a beta of 1.64. The firm’s fifty day moving average price is $504.35 and its two-hundred day moving average price is $556.89.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, August 7th. The software maker reported $1.94 EPS for the quarter, topping the consensus estimate of $1.64 by $0.30. The business had revenue of $637.20 million for the quarter, compared to analyst estimates of $619.28 million. HubSpot had a negative net margin of 1.15% and a negative return on equity of 2.33%. The company’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.17) earnings per share.

Institutional Trading of HubSpot

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Riverview Trust Co purchased a new position in HubSpot in the 1st quarter worth approximately $27,000. Geneos Wealth Management Inc. grew its stake in HubSpot by 1,125.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 49 shares of the software maker’s stock worth $31,000 after buying an additional 45 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of HubSpot in the 2nd quarter valued at $35,000. Crewe Advisors LLC boosted its stake in shares of HubSpot by 525.0% in the 2nd quarter. Crewe Advisors LLC now owns 75 shares of the software maker’s stock valued at $44,000 after purchasing an additional 63 shares in the last quarter. Finally, Fidelis Capital Partners LLC purchased a new stake in shares of HubSpot in the 1st quarter valued at $50,000. Institutional investors own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Raymond James cut their price objective on HubSpot from $725.00 to $675.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Canaccord Genuity Group dropped their price target on shares of HubSpot from $700.00 to $600.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. BMO Capital Markets reissued an “outperform” rating and set a $570.00 target price on shares of HubSpot in a research report on Thursday, September 19th. KeyCorp raised shares of HubSpot from an “underweight” rating to a “sector weight” rating and set a $460.00 target price on the stock in a research report on Thursday, August 8th. Finally, Oppenheimer restated an “outperform” rating and set a $625.00 price target on shares of HubSpot in a report on Thursday, September 19th. Four analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $611.83.

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.