Kathryn Bueker Sells 1,796 Shares of HubSpot, Inc. (NYSE:HUBS) Stock

HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker sold 1,796 shares of the firm’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $701.59, for a total transaction of $1,260,055.64. Following the completion of the transaction, the chief financial officer now directly owns 38,560 shares of the company’s stock, valued at $27,053,310.40. This represents a 4.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, November 12th, Kathryn Bueker sold 4,381 shares of HubSpot stock. The shares were sold at an average price of $700.00, for a total transaction of $3,066,700.00.
• On Thursday, October 10th, Kathryn Bueker sold 1,804 shares of HubSpot stock. The stock was sold at an average price of $550.00, for a total transaction of $992,200.00.

HubSpot Trading Up 1.1 %

HubSpot stock opened at $708.98 on Thursday. The stock has a 50-day moving average price of $697.79 and a two-hundred day moving average price of $579.99. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $762.47. The company has a market capitalization of $36.60 billion, a PE ratio of -2,625.75, a P/E/G ratio of 87.75 and a beta of 1.70.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, November 6th. The software maker reported $2.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.27. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. The business had revenue of $669.72 million during the quarter, compared to analyst estimates of $646.97 million. During the same quarter last year, the business earned ($0.04) EPS. The firm’s quarterly revenue was up 20.1% on a year-over-year basis. As a group, analysts predict that HubSpot, Inc. will post 0.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. The Goldman Sachs Group boosted their price target on HubSpot from $626.00 to $690.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Oppenheimer lifted their price objective on HubSpot from $625.00 to $740.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Bank of America increased their target price on HubSpot from $780.00 to $850.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Truist Financial reaffirmed a “buy” rating and set a $750.00 price objective (up previously from $600.00) on shares of HubSpot in a research report on Friday, November 8th. Finally, Piper Sandler cut shares of HubSpot from an “overweight” rating to a “neutral” rating and boosted their target price for the company from $570.00 to $640.00 in a research report on Thursday, November 7th. Four analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $714.05.

Institutional Trading of HubSpot

Institutional investors have recently modified their holdings of the business. GDS Wealth Management acquired a new position in HubSpot during the 3rd quarter worth about $2,149,000. Pallas Capital Advisors LLC acquired a new position in shares of HubSpot in the third quarter worth approximately $624,000. Icon Wealth Advisors LLC boosted its holdings in HubSpot by 3,346.2% in the third quarter. Icon Wealth Advisors LLC now owns 21,091 shares of the software maker’s stock valued at $11,212,000 after acquiring an additional 20,479 shares during the last quarter. Headlands Technologies LLC acquired a new stake in HubSpot during the 2nd quarter valued at approximately $3,135,000. Finally, Curi RMB Capital LLC raised its holdings in HubSpot by 15.1% during the 3rd quarter. Curi RMB Capital LLC now owns 7,143 shares of the software maker’s stock worth $3,797,000 after purchasing an additional 937 shares during the last quarter. 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.