Generali Investments Towarzystwo Funduszy Inwestycyjnych Has $3.69 Million Holdings in HubSpot, Inc. (NYSE:HUBS)

Generali Investments Towarzystwo Funduszy Inwestycyjnych decreased its stake in HubSpot, Inc. (NYSE:HUBS) by 28.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,300 shares of the software maker’s stock after selling 2,100 shares during the period. HubSpot comprises about 2.1% of Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings, making the stock its 9th largest holding. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in HubSpot were worth $3,693,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HUBS. Wilmington Savings Fund Society FSB acquired a new position in HubSpot in the 3rd quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB increased its position in 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 acquiring an additional 19 shares during the period. Bank of Jackson Hole Trust acquired a new position in HubSpot in the 4th quarter valued at approximately $35,000. HM Payson & Co. increased its position in HubSpot by 36.0% in the 3rd 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 period. Finally, Friedenthal Financial acquired a new position in HubSpot in the 4th quarter valued at approximately $50,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HUBS. Piper Sandler increased their price objective on shares of HubSpot from $640.00 to $808.00 and gave the stock a “neutral” rating in a research report on Thursday, February 13th. JPMorgan Chase & Co. increased their price objective on shares of HubSpot from $635.00 to $725.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 11th. UBS Group upgraded shares of HubSpot from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 19th. Citigroup increased their price objective on shares of HubSpot from $750.00 to $900.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Finally, Stifel Nicolaus increased their price objective on shares of HubSpot from $880.00 to $925.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Five analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, HubSpot has an average rating of “Moderate Buy” and an average price target of $863.96.

HubSpot Trading Down 1.6 %

HubSpot stock opened at $712.63 on Friday. HubSpot, Inc. has a 1-year low of $434.84 and a 1-year high of $881.13. The firm has a market capitalization of $37.17 billion, a price-to-earnings ratio of 7,919.00, a price-to-earnings-growth ratio of 41.44 and a beta of 1.72. The firm’s fifty day moving average price is $739.58 and its two-hundred day moving average price is $638.60.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, February 12th. The software maker reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $2.18 by ($1.98). HubSpot had a net margin of 0.17% and a negative return on equity of 0.07%. On average, research analysts forecast that HubSpot, Inc. will post 1.01 EPS for the current year.

Insider Activity at HubSpot

In related news, CTO Dharmesh Shah sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $739.89, for a total transaction of $18,497,250.00. Following the transaction, the chief technology officer now directly owns 1,272,077 shares of the company’s stock, valued at $941,197,051.53. This trade represents a 1.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Brian Halligan sold 8,500 shares of HubSpot stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $810.00, for a total transaction of $6,885,000.00. Following the completion of the sale, the insider now directly owns 524,751 shares in the company, valued at approximately $425,048,310. This represents a 1.59 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 48,112 shares of company stock valued at $35,878,612 over the last ninety days. Corporate insiders own 4.50% of the company’s stock.

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.