HubSpot, Inc. (NYSE:HUBS) Insider Dawson Alyssa Harvey Sells 469 Shares

HubSpot, Inc. (NYSE:HUBS) insider Dawson Alyssa Harvey sold 469 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $620.15, for a total value of $290,850.35. Following the completion of the sale, the insider now owns 11,052 shares of the company’s stock, valued at $6,853,897.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

HubSpot Trading Down 0.7 %

Shares of HUBS traded down $4.39 during midday trading on Friday, hitting $590.47. The stock had a trading volume of 571,599 shares, compared to its average volume of 528,168. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.32. The firm has a market cap of $30.09 billion, a P/E ratio of -224.47 and a beta of 1.57. The business has a 50-day simple moving average of $625.07 and a two-hundred day simple moving average of $580.96. HubSpot, Inc. has a fifty-two week low of $407.23 and a fifty-two week high of $693.85.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. UBS Group restated a “neutral” rating and set a $525.00 target price on shares of HubSpot in a research report on Thursday, February 15th. Barclays lowered their price objective on HubSpot from $600.00 to $575.00 and set an “equal weight” rating for the company in a research note on Thursday, May 9th. Stifel Nicolaus decreased their price target on HubSpot from $750.00 to $700.00 and set a “buy” rating for the company in a research report on Thursday, May 9th. Needham & Company LLC reissued a “buy” rating and issued a $730.00 target price on shares of HubSpot in a research report on Thursday, May 9th. Finally, Mizuho cut their price target on HubSpot from $700.00 to $650.00 and set a “buy” rating for the company in a report on Thursday, May 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, HubSpot currently has an average rating of “Moderate Buy” and an average price target of $640.04.

Institutional Trading of HubSpot

A number of institutional investors have recently added to or reduced their stakes in HUBS. GAMMA Investing LLC increased its position in HubSpot by 14.3% during the first quarter. GAMMA Investing LLC now owns 120 shares of the software maker’s stock worth $75,000 after acquiring an additional 15 shares during the period. Lincoln National Corp increased its position in HubSpot by 2.6% during the fourth quarter. Lincoln National Corp now owns 666 shares of the software maker’s stock worth $387,000 after acquiring an additional 17 shares during the period. Addison Capital Co increased its position in HubSpot by 0.5% during the fourth quarter. Addison Capital Co now owns 3,822 shares of the software maker’s stock worth $2,219,000 after acquiring an additional 18 shares during the period. First Affirmative Financial Network increased its position in HubSpot by 3.8% during the first quarter. First Affirmative Financial Network now owns 493 shares of the software maker’s stock worth $309,000 after acquiring an additional 18 shares during the period. Finally, HB Wealth Management LLC increased its holdings in HubSpot by 3.5% in the 4th quarter. HB Wealth Management LLC now owns 562 shares of the software maker’s stock valued at $326,000 after buying an additional 19 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

About HubSpot

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.