HubSpot, Inc. (NYSE:HUBS) Shares Acquired by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC increased its position in shares of HubSpot, Inc. (NYSE:HUBS) by 7.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,562 shares of the software maker’s stock after acquiring an additional 180 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in HubSpot were worth $1,785,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB increased its stake in HubSpot by 73.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock worth $31,000 after acquiring an additional 19 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in HubSpot during the 3rd quarter worth approximately $25,000. HM Payson & Co. increased its position in HubSpot by 36.0% during the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock worth $36,000 after purchasing an additional 18 shares in the last quarter. Friedenthal Financial purchased a new position in HubSpot in the fourth quarter valued at approximately $50,000. Finally, Crewe Advisors LLC lifted its position in HubSpot by 37.3% during the third quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock valued at $55,000 after buying an additional 28 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Canaccord Genuity Group raised their price objective on HubSpot from $600.00 to $710.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. boosted their price target on HubSpot from $560.00 to $635.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. UBS Group downgraded shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 17th. Truist Financial reiterated a “buy” rating and set a $750.00 price objective (up previously from $600.00) on shares of HubSpot in a research note on Friday, November 8th. Finally, Royal Bank of Canada upped their target price on shares of HubSpot from $750.00 to $825.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. Six equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $721.26.

Insider Buying and Selling

In other HubSpot news, insider Dawson Alyssa Harvey sold 573 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $700.00, for a total transaction of $401,100.00. Following the sale, the insider now owns 7,603 shares in the company, valued at approximately $5,322,100. The trade was a 7.01 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kathryn Bueker sold 4,381 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 41,259 shares of the company’s stock, valued at $28,881,300. This represents a 9.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 78,066 shares of company stock worth $54,900,427. Corporate insiders own 4.50% of the company’s stock.

HubSpot Price Performance

HUBS opened at $728.24 on Friday. The business has a 50 day moving average price of $716.86 and a two-hundred day moving average price of $590.78. The company has a market capitalization of $37.59 billion, a price-to-earnings ratio of -2,697.07, a price-to-earnings-growth ratio of 40.57 and a beta of 1.70. HubSpot, Inc. has a 1-year low of $434.84 and a 1-year high of $762.47.

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

HubSpot 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.