Insider Selling: HubSpot Inc (HUBS) Insider Sells 1,000 Shares of Stock

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HubSpot Inc (NYSE:HUBS) insider Hunter Madeley sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $144.75, for a total value of $144,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Hunter Madeley also recently made the following trade(s):

  • On Tuesday, August 7th, Hunter Madeley sold 5,600 shares of HubSpot stock. The shares were sold at an average price of $128.01, for a total value of $716,856.00.
  • On Thursday, August 2nd, Hunter Madeley sold 1,000 shares of HubSpot stock. The shares were sold at an average price of $120.00, for a total value of $120,000.00.
  • On Monday, July 2nd, Hunter Madeley sold 1,000 shares of HubSpot stock. The shares were sold at an average price of $124.95, for a total value of $124,950.00.

NYSE:HUBS traded up $7.85 during trading hours on Thursday, reaching $147.25. 666,700 shares of the stock were exchanged, compared to its average volume of 511,619. The company has a quick ratio of 3.26, a current ratio of 3.26 and a debt-to-equity ratio of 1.35. HubSpot Inc has a twelve month low of $71.00 and a twelve month high of $147.60. The stock has a market capitalization of $5.57 billion, a price-to-earnings ratio of -144.36 and a beta of 1.95.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, August 1st. The software maker reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. HubSpot had a negative return on equity of 17.00% and a negative net margin of 12.64%. The company had revenue of $122.60 million for the quarter, compared to analysts’ expectations of $117.75 million. During the same period in the prior year, the firm earned $0.07 earnings per share. The firm’s revenue was up 37.6% compared to the same quarter last year. sell-side analysts expect that HubSpot Inc will post -1.1 EPS for the current fiscal year.

A number of research analysts recently commented on the company. UBS Group reiterated a “buy” rating on shares of HubSpot in a report on Tuesday, August 7th. Needham & Company LLC upped their price objective on HubSpot from $130.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, August 2nd. Canaccord Genuity upped their price objective on HubSpot from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday. Royal Bank of Canada upped their price objective on HubSpot to $141.00 and gave the company a “sector perform” rating in a report on Tuesday, July 31st. Finally, Morgan Stanley upped their price objective on HubSpot from $117.00 to $119.00 and gave the company an “equal weight” rating in a report on Thursday, August 2nd. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. HubSpot has a consensus rating of “Buy” and a consensus price target of $125.40.

A number of large investors have recently added to or reduced their stakes in the business. First Trust Advisors LP raised its stake in shares of HubSpot by 7.1% in the second quarter. First Trust Advisors LP now owns 1,079,990 shares of the software maker’s stock valued at $135,431,000 after acquiring an additional 71,931 shares in the last quarter. Scge Management L.P. raised its stake in shares of HubSpot by 25.2% in the second quarter. Scge Management L.P. now owns 795,650 shares of the software maker’s stock valued at $99,775,000 after acquiring an additional 160,200 shares in the last quarter. Lord Abbett & CO. LLC raised its stake in shares of HubSpot by 28.4% in the first quarter. Lord Abbett & CO. LLC now owns 719,878 shares of the software maker’s stock valued at $77,963,000 after acquiring an additional 159,065 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of HubSpot by 18.3% in the first quarter. JPMorgan Chase & Co. now owns 621,163 shares of the software maker’s stock valued at $67,272,000 after acquiring an additional 95,998 shares in the last quarter. Finally, Wasatch Advisors Inc. raised its stake in shares of HubSpot by 22.6% in the second quarter. Wasatch Advisors Inc. now owns 598,249 shares of the software maker’s stock valued at $75,020,000 after acquiring an additional 110,198 shares in the last quarter. Institutional investors own 96.39% of the company’s stock.

HubSpot Company Profile

HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. Its software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, sales productivity, CRM, analytics, and reporting.

Further Reading: Book Value Per Share – BVPS

Insider Buying and Selling by Quarter for HubSpot (NYSE:HUBS)

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