Corporate insiders own 18.50% of the company's stock. State Board of Administration of Florida Retirement System raised its stake in HubSpot by 1.1% in the fourth quarter.
It is positive, as 25 investors sold HUBS shares while 36 reduced holdings. Juncture Wealth Strategies LLC purchased a new position in HubSpot during the first quarter valued at $241,000. Accern also assigned media stories about the software maker an impact score of 45.631453684308 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. Wellington Management Group LLP raised its position in HubSpot by 2.7% in the first quarter. Over the last ninety days, insiders have sold 57,899 shares of company stock valued at $3,934,380. HubSpot Inc (NYSE:HUBS) has risen 55.26% since August 11, 2016 and is uptrending. UBS AG now has a $80.00 price objective on the software maker's stock, up from their prior price objective of $78.00. BlackRock Inc. raised its position in HubSpot by 82,588.5% in the first quarter. Sei Investments Co. now owns 2,157 shares of the software maker's stock valued at $142,000 after buying an additional 631 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of HubSpot by 145.0% in the second quarter. Bank of New York Mellon Corp now owns 965,891 shares of the software maker's stock valued at $58,485,000 after buying an additional 192,602 shares during the period.
Shares of HubSpot (NYSE HUBS) opened at 67.35 on Wednesday. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,720 shares of the software maker's stock valued at $113,000 after buying an additional 994 shares during the last quarter. HubSpot has a 52-week low of $44.90 and a 52-week high of $78.50. The company has a 50-day moving average price of $69.85 and a 200-day moving average price of $64.98. The stock's market cap is $2.49 billion.
HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, August 2nd. The software maker reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.08. The business had revenue of $89.10 million for the quarter, compared to analyst estimates of $85.80 million. HubSpot had a negative return on equity of 27.99% and a negative net margin of 13.17%. The firm's quarterly revenue was up 37.1% on a year-over-year basis. During the same period past year, the business posted ($0.07) EPS. On average, equities analysts anticipate that HubSpot, Inc. will post $0.05 EPS for the current fiscal year. Hubspot Inc had 38 analyst reports since August 5, 2015 according to SRatingsIntel.
Watch Pure Michigan 400 Online
MI is extra special to Keselowski and he has had five top five finishes and eight top tens here despite not having a victory. We are not in bad shape, but with so many drivers with victories, that puts us pretty much in a box where we have to win.
News articles about HubSpot (NYSE:HUBS) have trended somewhat negative this week, Accern Sentiment reports. If you are viewing this report on another publication, it was illegally copied and republished in violation of USA and worldwide trademark and copyright laws. The legal version of this news story can be read at https://www.themarketsdaily.com/2017/08/13/3537-shares-in-hubspot-inc-nysehubs-acquired-by-amalgamated-bank-updated-updated.html.
A number of equities research analysts have recently weighed in on the stock. Morgan Stanley upped their price target on HubSpot from $78.00 to $80.00 and gave the stock an "overweight" rating in a research note on Thursday, July 20th. CIBC reaffirmed a buy rating and issued a $78.00 price objective on shares of HubSpot in a research note on Thursday, May 4th. Finally, Stephens reissued an "overweight" rating and issued a $76.00 price target (up previously from $70.00) on shares of HubSpot in a research note on Thursday, May 4th. The company now has a consensus rating of "Buy" and a consensus price target of $72.19. Cowen and Company reissued a market perform rating and set a $69.00 target price (up previously from $63.00) on shares of HubSpot in a research note on Friday, August 4th. Canaccord Genuity lifted their price target on shares of HubSpot from $80.00 to $83.00 and gave the company a buy rating in a research report on Thursday, August 3rd. HubSpot now has a consensus rating of Buy and an average target price of $72.19.
In other news, insider Hunter Madeley sold 1,000 shares of the company's stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $73.95, for a total value of $73,950.00. Following the sale, the insider now owns 84,549 shares of the company's stock, valued at $6,152,630.73. The transaction was disclosed in a filing with the SEC, which is available through this link. 25,000 shares were sold by Halligan Brian, worth $1.50 million. The stock was sold at an average price of $64.75, for a total transaction of $1,618,750.00. Following the completion of the transaction, the director now owns 2,164 shares in the company, valued at $141,201. The disclosure for this sale can be found here.
HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform.