Impact Investors Inc Acquires Shares of 387 HubSpot, Inc. (NYSE:HUBS)

Impact Investors Inc bought a new position in HubSpot, Inc. (NYSE:HUBS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 387 shares of the software maker’s stock, valued at approximately $270,000.

Other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP grew its holdings in HubSpot by 52.2% during the 3rd quarter. Wellington Management Group LLP now owns 1,402,200 shares of the software maker’s stock worth $745,410,000 after acquiring an additional 480,796 shares during the last quarter. Geode Capital Management LLC raised its holdings in HubSpot by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 820,483 shares of the software maker’s stock worth $435,184,000 after purchasing an additional 19,974 shares during the last quarter. Bank of New York Mellon Corp lifted its position in HubSpot by 3.8% during the 4th quarter. Bank of New York Mellon Corp now owns 674,523 shares of the software maker’s stock valued at $469,987,000 after purchasing an additional 24,799 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of HubSpot by 17.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 571,274 shares of the software maker’s stock valued at $303,689,000 after purchasing an additional 86,688 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of HubSpot by 8.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 527,061 shares of the software maker’s stock worth $280,186,000 after buying an additional 40,138 shares during the period. Institutional investors own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on HUBS shares. Truist Financial restated a “buy” rating and set a $900.00 target price (up from $750.00) on shares of HubSpot in a research report on Thursday, February 13th. Evercore ISI lifted their price target on shares of HubSpot from $610.00 to $700.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. Raymond James boosted their price target on shares of HubSpot from $750.00 to $980.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. StockNews.com downgraded HubSpot from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, KeyCorp raised HubSpot from a “sector weight” rating to an “overweight” rating and set a $920.00 target price for the company in a research note on Thursday, February 13th. Five investment analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $863.96.

HubSpot Stock Performance

HUBS opened at $720.32 on Wednesday. HubSpot, Inc. has a fifty-two week low of $434.84 and a fifty-two week high of $881.13. The stock has a fifty day moving average of $739.03 and a 200-day moving average of $637.48. The company has a market capitalization of $37.57 billion, a P/E ratio of 8,004.41, a P/E/G ratio of 41.44 and a beta of 1.72.

HubSpot (NYSE:HUBS) last released its 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 net margin of 0.17% and a negative return on equity of 0.07%. On average, equities research analysts predict that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Insider Activity

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were 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 owns 524,751 shares of the company’s stock, valued at approximately $425,048,310. This represents a 1.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Yamini Rangan sold 115 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $713.79, for a total transaction of $82,085.85. Following the completion of the transaction, the chief executive officer now owns 61,179 shares in the company, valued at $43,668,958.41. This trade represents a 0.19 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 48,112 shares of company stock worth $35,878,612. 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.