Gulf International Bank UK Ltd Has $2.57 Million Stock Position in HubSpot, Inc. (NYSE:HUBS)

Gulf International Bank UK Ltd cut its holdings in HubSpot, Inc. (NYSE:HUBS) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,694 shares of the software maker’s stock after selling 34 shares during the quarter. Gulf International Bank UK Ltd’s holdings in HubSpot were worth $2,573,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. First Horizon Advisors Inc. lifted its stake in HubSpot by 2.4% in the fourth quarter. First Horizon Advisors Inc. now owns 638 shares of the software maker’s stock valued at $445,000 after buying an additional 15 shares during the period. Amalgamated Bank lifted its stake in HubSpot by 0.5% in the fourth quarter. Amalgamated Bank now owns 3,259 shares of the software maker’s stock valued at $2,271,000 after buying an additional 16 shares during the period. Avitas Wealth Management LLC lifted its stake in HubSpot by 0.8% in the fourth quarter. Avitas Wealth Management LLC now owns 2,038 shares of the software maker’s stock valued at $1,420,000 after buying an additional 17 shares during the period. Principal Securities Inc. lifted its stake in HubSpot by 17.2% in the fourth quarter. Principal Securities Inc. now owns 116 shares of the software maker’s stock valued at $81,000 after buying an additional 17 shares during the period. Finally, HM Payson & Co. lifted its stake in HubSpot by 36.0% in the third quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock valued at $36,000 after buying an additional 18 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at HubSpot

In other news, CEO Yamini Rangan sold 115 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $713.79, for a total transaction of $82,085.85. Following the transaction, the chief executive officer now owns 61,179 shares of the company’s stock, valued at $43,668,958.41. This represents a 0.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian Halligan sold 8,500 shares of the company’s 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 transaction, the insider now directly owns 524,751 shares in the company, valued at $425,048,310. This represents a 1.59 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 48,112 shares of company stock worth $35,878,612 in the last quarter. 4.50% of the stock is currently owned by company insiders.

HubSpot Price Performance

Shares of NYSE:HUBS opened at $724.46 on Friday. The company has a market capitalization of $37.78 billion, a PE ratio of 8,050.45, a price-to-earnings-growth ratio of 41.44 and a beta of 1.72. The business has a fifty day moving average price of $739.69 and a two-hundred day moving average price of $640.38. HubSpot, Inc. has a 1 year low of $434.84 and a 1 year high of $881.13.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.18 by ($1.98). HubSpot had a net margin of 0.17% and a negative return on equity of 0.07%. Sell-side analysts anticipate that HubSpot, Inc. will post 1.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

HUBS has been the topic of several recent analyst reports. William Blair reissued an “outperform” rating on shares of HubSpot in a research note on Thursday, February 13th. Evercore ISI boosted their price target on HubSpot from $610.00 to $700.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Mizuho boosted their price objective on HubSpot from $725.00 to $775.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Royal Bank of Canada boosted their price objective on HubSpot from $825.00 to $950.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. Finally, Barclays restated an “equal weight” rating on shares of HubSpot in a report on Thursday, February 13th. Five investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $863.96.

HubSpot 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.