Callan Family Office LLC Purchases Shares of 300 HubSpot, Inc. (NYSE:HUBS)

Callan Family Office LLC purchased a new stake in shares of HubSpot, Inc. (NYSE:HUBS) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 300 shares of the software maker’s stock, valued at approximately $209,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of HUBS. Wilmington Savings Fund Society FSB bought a new position in shares of HubSpot in the 3rd quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB raised its position 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 worth $31,000 after acquiring an additional 19 shares in the last quarter. Bank of Jackson Hole Trust bought a new position in shares of HubSpot in the 4th quarter worth approximately $35,000. Friedenthal Financial bought a new position in shares of HubSpot in the 4th quarter worth approximately $50,000. Finally, Crewe Advisors LLC raised its position in shares of HubSpot by 37.3% in the 3rd quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock worth $55,000 after acquiring an additional 28 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Insider Transactions at HubSpot

In other news, insider Brian Halligan sold 8,500 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $810.00, for a total value of $6,885,000.00. Following the transaction, the insider now directly owns 524,751 shares in the company, valued at $425,048,310. This trade represents a 1.59 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Yamini Rangan sold 3,057 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 54,079 shares in the company, valued at approximately $37,941,285.61. This represents a 5.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 47,997 shares of company stock worth $35,796,526 in the last ninety days. Insiders own 4.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Bank of America increased their target price on HubSpot from $780.00 to $850.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. JPMorgan Chase & Co. increased their target price on HubSpot from $635.00 to $725.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 11th. Oppenheimer increased their target price on HubSpot from $850.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. KeyCorp upgraded HubSpot from a “sector weight” rating to an “overweight” rating and set a $920.00 price target on the stock in a research note on Thursday, February 13th. Finally, William Blair restated an “outperform” rating on shares of HubSpot in a research note on Thursday, February 13th. Five equities research 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 stock. According to data from MarketBeat, HubSpot currently has a consensus rating of “Moderate Buy” and a consensus price target of $863.96.

HubSpot Trading Up 0.7 %

Shares of HUBS opened at $590.65 on Wednesday. The business’s fifty day simple moving average is $731.14 and its two-hundred day simple moving average is $650.26. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $881.13. The company has a market cap of $30.80 billion, a price-to-earnings ratio of 6,563.51, a P/E/G ratio of 41.44 and a beta of 1.80.

HubSpot (NYSE:HUBS) last released 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 return on equity of 0.07% and a net margin of 0.17%. As a group, research analysts forecast that HubSpot, Inc. will post 1.01 EPS for the current 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.