B.O.S.S. Retirement Advisors LLC Acquires Shares of 1,953 HubSpot, Inc. (NYSE:HUBS)

B.O.S.S. Retirement Advisors LLC bought a new stake in HubSpot, Inc. (NYSE:HUBS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,953 shares of the software maker’s stock, valued at approximately $1,361,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in HubSpot in the third quarter valued at $25,000. MassMutual Private Wealth & Trust FSB boosted its holdings in HubSpot by 73.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock valued at $31,000 after purchasing an additional 19 shares in the last quarter. HM Payson & Co. lifted its position in HubSpot by 36.0% in the third quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock valued at $36,000 after acquiring an additional 18 shares during the last quarter. Friedenthal Financial purchased a new position in shares of HubSpot during the fourth quarter worth about $50,000. Finally, Crewe Advisors LLC lifted its holdings in shares of HubSpot by 37.3% in the 3rd quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock valued at $55,000 after purchasing an additional 28 shares during the last quarter. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

HubSpot Stock Down 1.2 %

NYSE:HUBS opened at $728.24 on Friday. The business’s 50 day moving average is $716.86 and its two-hundred day moving average is $590.78. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $762.47. The company has a market cap of $37.59 billion, a PE ratio of -2,697.07, a P/E/G ratio of 40.57 and a beta of 1.70.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, November 6th. The software maker reported $2.18 EPS for the quarter, beating the consensus estimate of $1.91 by $0.27. The company had revenue of $669.72 million during the quarter, compared to analyst estimates of $646.97 million. HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. The business’s revenue was up 20.1% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.04) earnings per share. As a group, sell-side analysts expect that HubSpot, Inc. will post 0.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on HUBS shares. Evercore ISI boosted their price objective on HubSpot from $610.00 to $700.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Truist Financial reaffirmed a “buy” rating and issued a $750.00 target price (up from $600.00) on shares of HubSpot in a report on Friday, November 8th. BMO Capital Markets raised their price target on HubSpot from $570.00 to $690.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. The Goldman Sachs Group increased their price objective on HubSpot from $626.00 to $690.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, Scotiabank raised their target price on shares of HubSpot from $700.00 to $825.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, January 8th. Six analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $721.26.

Insider Activity at HubSpot

In other HubSpot news, CEO Yamini Rangan sold 115 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $713.79, for a total transaction of $82,085.85. Following the sale, the chief executive officer now directly owns 61,179 shares in the company, valued at approximately $43,668,958.41. The trade was a 0.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kathryn Bueker sold 4,381 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $700.00, for a total transaction of $3,066,700.00. Following the completion of the transaction, the chief financial officer now owns 41,259 shares of the company’s stock, valued at $28,881,300. This trade represents a 9.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 78,066 shares of company stock worth $54,900,427 in the last ninety days. 4.50% of the stock is owned by insiders.

HubSpot Company Profile

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.