Weekly Investment Analysts’ Ratings Updates for HubSpot (HUBS)

A number of firms have modified their ratings and price targets on shares of HubSpot (NYSE: HUBS) recently:

• 7/22/2024 – HubSpot had its price target lowered by analysts at Oppenheimer Holdings Inc. from $725.00 to $625.00. They now have an “outperform” rating on the stock.
• 7/12/2024 – HubSpot had its price target lowered by analysts at KeyCorp from $520.00 to $460.00. They now have an “underweight” rating on the stock.
• 7/12/2024 – HubSpot had its price target lowered by analysts at Piper Sandler from $655.00 to $570.00. They now have an “overweight” rating on the stock.
• 7/12/2024 – HubSpot had its price target lowered by analysts at UBS Group AG from $640.00 to $580.00. They now have a “neutral” rating on the stock.
• 7/11/2024 – HubSpot had its price target lowered by analysts at Wells Fargo & Company from $750.00 to $650.00. They now have an “overweight” rating on the stock.
• 6/10/2024 – HubSpot had its price target raised by analysts at Wells Fargo & Company from $725.00 to $750.00. They now have an “overweight” rating on the stock.

HubSpot Trading Down 0.6 %

HubSpot stock traded down $3.04 during mid-day trading on Friday, hitting $492.72. The company’s stock had a trading volume of 930,159 shares, compared to its average volume of 640,289. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.07 and a quick ratio of 2.07. The stock has a market cap of $25.11 billion, a price-to-earnings ratio of -185.93 and a beta of 1.60. The business has a 50 day moving average price of $566.06 and a 200-day moving average price of $597.19. HubSpot, Inc. has a 12 month low of $407.23 and a 12 month high of $693.85.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, May 8th. The software maker reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.27. HubSpot had a negative net margin of 5.78% and a negative return on equity of 4.94%. The company had revenue of $617.41 million during the quarter, compared to the consensus estimate of $597.12 million. As a group, analysts forecast that HubSpot, Inc. will post -0.44 EPS for the current year.

Insider Buying and Selling

In other news, CFO Kathryn Bueker sold 3,937 shares of the firm’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $616.51, for a total transaction of $2,427,199.87. Following the sale, the chief financial officer now directly owns 45,737 shares in the company, valued at approximately $28,197,317.87. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Kathryn Bueker sold 3,937 shares of the business’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $616.51, for a total value of $2,427,199.87. Following the sale, the chief financial officer now directly owns 45,737 shares in the company, valued at approximately $28,197,317.87. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Dawson Alyssa Harvey sold 469 shares of the business’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $620.15, for a total transaction of $290,850.35. Following the completion of the sale, the insider now owns 11,052 shares in the company, valued at $6,853,897.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 46,491 shares of company stock worth $26,699,609. 4.50% of the stock is owned by insiders.

Institutional Investors Weigh In On HubSpot

Several large investors have recently modified their holdings of HUBS. Vanguard Group Inc. raised its stake in shares of HubSpot by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 4,790,390 shares of the software maker’s stock worth $2,781,013,000 after acquiring an additional 119,999 shares in the last quarter. Hsbc Holdings PLC increased its stake in HubSpot by 10.1% during the 4th quarter. Hsbc Holdings PLC now owns 22,402 shares of the software maker’s stock valued at $13,022,000 after purchasing an additional 2,057 shares in the last quarter. Stifel Financial Corp boosted its holdings in shares of HubSpot by 15.1% in the 4th quarter. Stifel Financial Corp now owns 33,248 shares of the software maker’s stock valued at $19,302,000 after acquiring an additional 4,371 shares during the last quarter. Strs Ohio boosted its holdings in shares of HubSpot by 1,203.0% in the 4th quarter. Strs Ohio now owns 20,001 shares of the software maker’s stock valued at $11,611,000 after acquiring an additional 18,466 shares during the last quarter. Finally, Los Angeles Capital Management LLC boosted its holdings in shares of HubSpot by 19.4% in the 4th quarter. Los Angeles Capital Management LLC now owns 22,546 shares of the software maker’s stock valued at $13,089,000 after acquiring an additional 3,671 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

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.