Nisa Investment Advisors LLC Sells 25 Shares of HubSpot, Inc. (NYSE:HUBS)

Nisa Investment Advisors LLC decreased its holdings in HubSpot, Inc. (NYSE:HUBS) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,260 shares of the software maker’s stock after selling 25 shares during the period. Nisa Investment Advisors LLC’s holdings in HubSpot were worth $2,271,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in HUBS. HM Payson & Co. grew its stake in HubSpot by 36.0% in the 3rd 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 last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of HubSpot by 73.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock worth $31,000 after acquiring an additional 19 shares during the period. Pallas Capital Advisors LLC grew its position in shares of HubSpot by 1.9% in the fourth quarter. Pallas Capital Advisors LLC now owns 1,146 shares of the software maker’s stock valued at $798,000 after purchasing an additional 21 shares during the last quarter. Ballentine Partners LLC increased its stake in shares of HubSpot by 4.6% during the fourth quarter. Ballentine Partners LLC now owns 564 shares of the software maker’s stock worth $393,000 after purchasing an additional 25 shares during the period. Finally, Motley Fool Asset Management LLC lifted its holdings in HubSpot by 2.6% during the 3rd quarter. Motley Fool Asset Management LLC now owns 1,028 shares of the software maker’s stock worth $541,000 after purchasing an additional 26 shares during the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on HUBS shares. UBS Group lowered HubSpot from a “strong-buy” rating to a “hold” rating in a report on Friday, January 17th. Needham & Company LLC restated a “buy” rating and issued a $730.00 price target on shares of HubSpot in a research note on Thursday, November 7th. Royal Bank of Canada lifted their price objective on shares of HubSpot from $750.00 to $825.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. TD Cowen downgraded shares of HubSpot from a “buy” rating to a “hold” rating and boosted their price objective for the company from $680.00 to $725.00 in a report on Friday, January 17th. Finally, Wells Fargo & Company lifted their price target on shares of HubSpot from $750.00 to $810.00 and gave the company an “overweight” rating in a research report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat, HubSpot presently has an average rating of “Moderate Buy” and an average price target of $721.26.

HubSpot Stock Down 1.2 %

NYSE HUBS opened at $728.24 on Monday. The company has a market cap of $37.59 billion, a price-to-earnings ratio of -2,697.07, a price-to-earnings-growth ratio of 40.57 and a beta of 1.70. HubSpot, Inc. has a twelve month low of $434.84 and a twelve month high of $762.47. The business’s fifty day moving average is $716.86 and its 200 day moving average is $590.99.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, November 6th. The software maker reported $2.18 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.27. HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. The firm had revenue of $669.72 million for the quarter, compared to analyst estimates of $646.97 million. During the same period last year, the firm posted ($0.04) earnings per share. The business’s revenue for the quarter was up 20.1% on a year-over-year basis. On average, research analysts anticipate that HubSpot, Inc. will post 0.42 earnings per share for the current fiscal year.

Insider Activity

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $661.59, for a total value of $5,623,515.00. Following the sale, the insider now owns 513,698 shares in the company, valued at approximately $339,857,459.82. The trade was a 1.63 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Kathryn Bueker sold 1,796 shares of the firm’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $701.59, for a total value of $1,260,055.64. Following the transaction, the chief financial officer now owns 38,560 shares of the company’s stock, valued at $27,053,310.40. This trade represents a 4.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 78,066 shares of company stock valued at $54,900,427. Insiders own 4.50% of the company’s stock.

About HubSpot

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.