The stock of HubSpot Inc (NYSE:HUBS) earned "Overweight" rating by KeyBanc Capital Markets on Tuesday, September 13.
HubSpot, Inc. (NYSE:HUBS) has been the object of insider selling activity recently.
Several other brokerages have also weighed in on HUBS. SunTrust Banks, Inc. started coverage on HubSpot in a report on Monday, June 26th. If the $83.41 price target is reached, the company will be worth $118.80M more. Piper Jaffray Companies set a $65.00 price objective on shares of HubSpot and gave the company a "buy" rating in a research note on Wednesday, January 25th. September 25 investment analysts at Morgan Stanley kept the company rating at "Overweight" but raised the price expectation from $80.00 to $88.00. The stock now has a consensus rating of "Buy" and a consensus target price of $65.26. Four analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company. 547 HubSpot Inc (NYSE:HUBS) shares with value of $33,121 were sold by Kelleher John P. 224,332 shares of the stock were exchanged. The company has market cap of $2.97 billion. HubSpot has a 52 week low of $39.81 and a 52 week high of $66.10. The stock has a 50-day moving average price of $70.94 and a 200-day moving average price of $67.85.
Analysts await HubSpot Inc (NYSE:HUBS) to report earnings on November, 1. After $-0.13 actual earnings per share reported by ViaSat, Inc. for the previous quarter, Wall Street now forecasts 115.38% negative EPS growth. The business had revenue of $89.10 million for the quarter, compared to analyst estimates of $85.80 million. HubSpot had a negative net margin of 16.95% and a negative return on equity of 34.53%. The firm's revenue for the quarter was up 37.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.07) earnings per share. Year to date HubSpot, Inc. It improved, as 17 investors sold HubSpot Inc shares while 38 reduced holdings.
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In related news, insider Dharmesh Shah sold 20,000 shares of the company's stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $72.77, for a total transaction of $1,164,320.00. Following the sale, the chief financial officer now owns 85,947 shares in the company, valued at $6,768,326.25. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The disclosure for this sale can be found here. Insiders sold 57,899 shares of company stock valued at $4,100,930 in the last ninety days. Company insiders own 18.50% of the company's stock. LLC lifted its stake in shares of HubSpot by 74.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 55,414 shares of the software maker's stock worth $3,355,000 after buying an additional 26,491 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its holdings in shares of HubSpot by 102.6% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 12,862 shares of the software maker's stock worth $779,000 after buying an additional 7,662 shares during the last quarter. Verition Fund Management LLC now owns 5,099 shares of the software maker's stock worth $335,000 after purchasing an additional 1,399 shares during the last quarter. Finally, Independent Portfolio Consultants Inc. increased its holdings in shares of HubSpot by 168.8% in the second quarter. Ameritas Investment Partners Inc. now owns 2,955 shares of the software maker's stock valued at $194,000 after buying an additional 462 shares in the last quarter. California State Teachers Retirement System now owns 59,663 shares of the software maker's stock valued at $3,923,000 after buying an additional 2,834 shares in the last quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HUBS.
HubSpot, Inc. provides a cloud marketing and sales software platform. The Company's software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into clients and delight clients so that they become promoters of those businesses.
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