HubSpot, Inc. (NYSE:HUBS) Given Average Recommendation of “Moderate Buy” by Brokerages

HubSpot, Inc. (NYSE:HUBS) has earned a consensus rating of “Moderate Buy” from the twenty-five brokerages that are currently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, twenty have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $863.96.

A number of equities analysts have issued reports on HUBS shares. Needham & Company LLC raised their target price on HubSpot from $730.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Mizuho boosted their price objective on shares of HubSpot from $725.00 to $775.00 and gave the company an “outperform” rating in a report on Friday, December 13th. JPMorgan Chase & Co. upped their target price on shares of HubSpot from $635.00 to $725.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. StockNews.com cut shares of HubSpot from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, The Goldman Sachs Group upped their price objective on shares of HubSpot from $783.00 to $900.00 and gave the company a “buy” rating in a research report on Thursday, February 13th.

HubSpot Price Performance

HUBS opened at $724.53 on Thursday. HubSpot has a fifty-two week low of $434.84 and a fifty-two week high of $881.13. The company has a market cap of $37.79 billion, a price-to-earnings ratio of 8,051.25, a price-to-earnings-growth ratio of 41.44 and a beta of 1.72. The firm has a 50 day simple moving average of $739.38 and a 200 day simple moving average of $638.09.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share 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%. As a group, analysts expect that HubSpot will post 1.01 EPS for the current year.

Insider Activity at HubSpot

In other news, CEO Yamini Rangan sold 115 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer now owns 61,179 shares in the company, valued at $43,668,958.41. The trade was a 0.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Brian Halligan sold 8,500 shares of the company’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $729.65, for a total value of $6,202,025.00. Following the completion of the transaction, the insider now directly owns 513,698 shares in the company, valued at approximately $374,819,745.70. This represents a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 48,112 shares of company stock worth $35,878,612. Company insiders own 4.50% of the company’s stock.

Hedge Funds Weigh In On HubSpot

Hedge funds have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB bought a new position in shares of HubSpot during the third quarter worth approximately $25,000. Elequin Capital LP acquired a new stake in HubSpot during the fourth quarter worth approximately $27,000. Larson Financial Group LLC increased its stake in HubSpot by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 43 shares of the software maker’s stock worth $30,000 after acquiring an additional 27 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in HubSpot by 73.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock valued at $31,000 after acquiring an additional 19 shares in the last quarter. Finally, Coppell Advisory Solutions LLC raised its holdings in HubSpot by 91.7% in the 4th quarter. Coppell Advisory Solutions LLC now owns 46 shares of the software maker’s stock valued at $32,000 after acquiring an additional 22 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

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.