HubSpot, Inc. (NYSE:HUBS – Get Free Report) CTO Dharmesh Shah sold 25,000 shares of the stock in a transaction on Monday, July 8th. The stock was sold at an average price of $586.85, for a total value of $14,671,250.00. Following the completion of the sale, the chief technology officer now directly owns 1,348,929 shares in the company, valued at $791,618,983.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
HubSpot Stock Down 0.5 %
Shares of HubSpot stock opened at $489.77 on Friday. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.32. HubSpot, Inc. has a 1 year low of $407.23 and a 1 year high of $693.85. The stock has a 50-day moving average price of $590.05 and a 200 day moving average price of $602.95. The company has a market cap of $24.96 billion, a P/E ratio of -184.82 and a beta of 1.60.
HubSpot (NYSE:HUBS – Get Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The software maker reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.27. The firm had revenue of $617.41 million for the quarter, compared to the consensus estimate of $597.12 million. HubSpot had a negative net margin of 5.78% and a negative return on equity of 4.94%. As a group, analysts expect that HubSpot, Inc. will post -0.55 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on HubSpot
Institutional Trading of HubSpot
Institutional investors have recently bought and sold shares of the company. BDF Gestion acquired a new stake in shares of HubSpot during the 2nd quarter valued at about $906,000. Linden Thomas Advisory Services LLC bought a new position in HubSpot during the second quarter valued at approximately $1,346,000. CWM LLC lifted its stake in HubSpot by 92.4% in the second quarter. CWM LLC now owns 2,391 shares of the software maker’s stock valued at $1,410,000 after acquiring an additional 1,148 shares during the last quarter. Park Avenue Securities LLC grew its position in HubSpot by 9.7% in the second quarter. Park Avenue Securities LLC now owns 1,697 shares of the software maker’s stock worth $1,001,000 after acquiring an additional 150 shares in the last quarter. Finally, Harbor Capital Advisors Inc. increased its stake in shares of HubSpot by 10.0% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 2,479 shares of the software maker’s stock worth $1,462,000 after purchasing an additional 225 shares during the last quarter. Institutional investors and hedge funds own 90.39% 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.
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