Vanguard Group Inc. now owns 2,529,027 shares of the software maker's stock valued at $153,132,000 after buying an additional 132,159 shares during the period. SunTrust Banks, Inc. started coverage on HubSpot in a research note on Monday, June 26th. The company presently has an average rating of "Buy" and a consensus target price of $72.19. Zacks Investment Research lowered shares of HubSpot from a "buy" rating to a "hold" rating in a report on Tuesday, August 8th. Oppenheimer Holdings, Inc. set a $78.00 target price on shares of HubSpot and gave the stock a "buy" rating in a report on Wednesday, May 3rd. UBS AG reaffirmed an "outperform" rating and set a $80.00 target price (up from $78.00) on shares of HubSpot in a report on Wednesday.
A number of equities research analysts have recently weighed in on the stock. They issued a buy rating and a $70.00 price target on the stock.
Stocks of HubSpot (NYSE HUBS) declined 4.91% through out intraday market trading on early Wednesday, reaching $65.90. About 262,752 shares traded. Cowen and Company reissued a market perform recommendation and fixed a $63.00 price objective (up prior from $53.00) on stocks of HubSpot in a study note published on early Thur, May 4th. HubSpot has a 52-week low of $44.90 and a 52-week high of $78.50. The company has a 50-day moving average of $69.85 and a 200 day moving average of $64.98.
HubSpot (NYSE:HUBS) last announced its earnings results on Wednesday, August 2nd. The software maker reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.08. The company issued revenue guidance of $362.8-$364.8 million, compared to the consensus revenue estimate of $358.41 million.HubSpot also updated its Q3 guidance to ($0.10)-($0.08) EPS. HubSpot had a negative return on equity of 27.99% and a negative net margin of 13.17%. HubSpot's revenue was up 37.1% compared to the same quarter a year ago. The Granahan Investment Management Inc holds 121,779 shares with $5.72M value, up from 47,427 last quarter. On average, equities analysts predict that HubSpot, Inc. will post $0.05 EPS for the current year.
'N Korean missiles can reach Guam in 14 minutes'
USA bombers have flown over the Korean Peninsula several times to show American strength after Pyongyang's missile tests. The exclamation came after President Donald Trump warned Pyongyang of "fire and fury like the world has never seen".
TRADEMARK VIOLATION WARNING: This report was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and global trademark & copyright law. The original version of this report can be accessed at https://rinconhillneighbors.org/2017/08/13/hubspot-inc-hubs-receives-outperform-rating-from-ubs-ag.html.
In other news, CEO Brian Halligan sold 25,000 shares of the business's stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $64.75, for a total transaction of $1,618,750.00. Following the transaction, the chief financial officer now directly owns 81,658 shares of the company's stock, valued at $5,667,065.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Hunter Madeley sold 1,000 shares of the firm's stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $72.77, for a total transaction of $1,164,320.00. Following the sale, the insider now owns 84,549 shares of the company's stock, valued at $6,152,630.73. The disclosure for this sale can be found here. Insiders sold 57,899 shares of company stock valued at $3,934,380 over the last quarter. Fmr Ltd Liability owns 5.34 million shares or 0.03% of their United States portfolio.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. purchased a new stake in HubSpot during the first quarter valued at $151,000. Sei Investments Co. increased its stake in HubSpot by 41.3% in the second quarter. Point72 Asia Hong Kong Ltd now owns 1,706 shares of the software maker's stock worth $103,000 after buying an additional 1,032 shares during the last quarter. California Public Employees Retirement System increased its stake in shares of HubSpot by 2.2% in the second quarter. Sei Investments Co. now owns 2,157 shares of the software maker's stock valued at $142,000 after buying an additional 631 shares during the last quarter. Wellington Management Group LLP increased its position in shares of HubSpot by 2.7% in the first quarter. Bank of New York Mellon Corp now owns 965,891 shares of the software maker's stock valued at $58,485,000 after buying an additional 192,602 shares during the period.
HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. Independent Portfolio Consultants Inc. now owns 2,903 shares of the software maker's stock valued at $191,000 after buying an additional 1,823 shares during the last quarter.
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