HubSpot, Inc. (NYSE:HUBS) Stock Holdings Decreased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. decreased its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 29.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 311 shares of the software maker’s stock after selling 130 shares during the period. Crossmark Global Holdings Inc.’s holdings in HubSpot were worth $217,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of HubSpot in the 3rd quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB boosted its holdings in HubSpot by 73.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock worth $31,000 after purchasing an additional 19 shares during the period. HM Payson & Co. increased its stake in HubSpot by 36.0% during the third quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock valued at $36,000 after purchasing an additional 18 shares during the last quarter. Friedenthal Financial acquired a new stake in shares of HubSpot during the fourth quarter worth $50,000. Finally, Crewe Advisors LLC boosted its holdings in shares of HubSpot by 37.3% in the 3rd quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock valued at $55,000 after buying an additional 28 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at HubSpot

In related news, insider Brian Halligan sold 8,500 shares of the 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 completion of the sale, the insider now directly owns 513,698 shares of the company’s stock, valued at approximately $339,857,459.82. This represents a 1.63 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kathryn Bueker sold 4,381 shares of HubSpot stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $700.00, for a total value of $3,066,700.00. Following the transaction, the chief financial officer now directly owns 41,259 shares in the company, valued at approximately $28,881,300. This trade represents a 9.60 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 78,066 shares of company stock worth $54,900,427. 4.50% of the stock is owned by corporate insiders.

HubSpot Stock Up 4.3 %

Shares of NYSE HUBS opened at $757.99 on Tuesday. The stock’s fifty day simple moving average is $716.86 and its 200 day simple moving average is $591.70. The stock has a market capitalization of $39.13 billion, a price-to-earnings ratio of -2,807.26, a PEG ratio of 40.57 and a beta of 1.70. HubSpot, Inc. has a 52-week low of $434.84 and a 52-week high of $779.73.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, November 6th. The software maker reported $2.18 earnings per share for the quarter, topping 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 analysts’ expectations of $646.97 million. During the same quarter last year, the business posted ($0.04) EPS. HubSpot’s revenue was up 20.1% on a year-over-year basis. As a group, analysts anticipate that HubSpot, Inc. will post 0.42 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Oppenheimer raised their target price on shares of HubSpot from $625.00 to $740.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Mizuho boosted their target price on shares of HubSpot from $725.00 to $775.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Barclays raised their price target on shares of HubSpot from $650.00 to $725.00 and gave the company an “equal weight” rating in a research note on Monday. TD Cowen lowered HubSpot from a “buy” rating to a “hold” rating and increased their price objective for the stock from $680.00 to $725.00 in a report on Friday, January 17th. Finally, UBS Group downgraded HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 17th. Six investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $724.52.

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.