Values First Advisors Inc. Reduces Stock Holdings in HubSpot, Inc. (NYSE:HUBS)

Values First Advisors Inc. reduced its position in shares of HubSpot, Inc. (NYSE:HUBS) by 14.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,050 shares of the software maker’s stock after selling 174 shares during the period. Values First Advisors Inc.’s holdings in HubSpot were worth $732,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its stake in shares of HubSpot by 73.1% in the 4th 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 during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in HubSpot in the 3rd quarter valued at about $25,000. 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 buying an additional 18 shares during the last quarter. Friedenthal Financial purchased a new position in HubSpot during the fourth quarter worth about $50,000. Finally, Crewe Advisors LLC increased its position in shares of 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 acquiring an additional 28 shares during the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at HubSpot

In related news, CTO Dharmesh Shah sold 25,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $739.89, for a total value of $18,497,250.00. Following the completion of the sale, the chief technology officer now directly owns 1,272,077 shares of the company’s stock, valued at $941,197,051.53. This represents a 1.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Yamini Rangan sold 3,057 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $701.59, for a total value of $2,144,760.63. Following the transaction, the chief executive officer now owns 54,079 shares in the company, valued at $37,941,285.61. This represents a 5.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 73,112 shares of company stock valued at $51,432,627 in the last ninety days. Insiders own 4.50% of the company’s stock.

Wall Street Analyst Weigh In

HUBS has been the topic of several recent analyst reports. Morgan Stanley upped their price objective on shares of HubSpot from $747.00 to $835.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Citigroup upped their price target on HubSpot from $750.00 to $900.00 and gave the stock a “buy” rating in a research note on Tuesday. The Goldman Sachs Group raised their price target on HubSpot from $626.00 to $690.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. boosted their price objective on HubSpot from $635.00 to $725.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Barclays increased their target price on HubSpot from $650.00 to $725.00 and gave the stock an “equal weight” rating in a research note on Monday, January 27th. Six equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. According to MarketBeat, HubSpot has an average rating of “Moderate Buy” and a consensus price target of $747.92.

HubSpot Trading Up 0.0 %

HUBS opened at $784.84 on Thursday. HubSpot, Inc. has a one year low of $434.84 and a one year high of $811.79. The business’s 50-day simple moving average is $731.91 and its 200-day simple moving average is $616.53.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.18 by ($1.98). HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. On average, analysts expect that HubSpot, Inc. will post 0.42 earnings per share for the current year.

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.