HubSpot Inc (NYSE:HUBS) CEO Brian Halligan sold 8,501 shares of HubSpot stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $156.88, for a total transaction of $1,333,636.88. Following the transaction, the chief executive officer now directly owns 705,578 shares in the company, valued at approximately $110,691,076.64. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Brian Halligan also recently made the following trade(s):
- On Tuesday, November 19th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $149.53, for a total transaction of $1,271,005.00.
- On Tuesday, October 15th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $164.48, for a total transaction of $1,398,080.00.
Shares of NYSE HUBS traded down $1.51 during mid-day trading on Friday, reaching $175.77. 609,260 shares of the company were exchanged, compared to its average volume of 520,759. HubSpot Inc has a 52 week low of $136.61 and a 52 week high of $207.98. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $7.59 billion, a PE ratio of -172.32 and a beta of 1.59. The company’s 50 day moving average price is $155.96 and its 200 day moving average price is $166.87.
HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Tuesday, November 5th. The software maker reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.08. The company had revenue of $173.62 million during the quarter, compared to the consensus estimate of $168.82 million. HubSpot had a negative net margin of 8.68% and a negative return on equity of 5.74%. The firm’s revenue was up 31.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.17 EPS. On average, sell-side analysts predict that HubSpot Inc will post -0.63 earnings per share for the current year.
Several large investors have recently modified their holdings of HUBS. Nuveen Asset Management LLC bought a new position in shares of HubSpot during the second quarter valued at about $61,888,000. Vanguard Group Inc. increased its position in shares of HubSpot by 8.0% during the second quarter. Vanguard Group Inc. now owns 4,143,177 shares of the software maker’s stock valued at $706,494,000 after buying an additional 308,282 shares during the period. Janus Henderson Group PLC purchased a new position in shares of HubSpot during the second quarter valued at about $51,977,000. Canada Pension Plan Investment Board increased its position in shares of HubSpot by 386.7% during the second quarter. Canada Pension Plan Investment Board now owns 130,448 shares of the software maker’s stock valued at $22,244,000 after buying an additional 103,648 shares during the period. Finally, Paloma Partners Management Co purchased a new position in shares of HubSpot during the second quarter valued at about $15,090,000. 90.84% of the stock is owned by hedge funds and other institutional investors.
Several research firms have commented on HUBS. William Blair reissued an “outperform” rating on shares of HubSpot in a research report on Tuesday, November 5th. Mizuho initiated coverage on shares of HubSpot in a research note on Thursday. They set a “buy” rating and a $205.00 price target for the company. Jefferies Financial Group decreased their price target on shares of HubSpot from $230.00 to $190.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Raymond James restated an “outperform” rating on shares of HubSpot in a research note on Wednesday, November 6th. Finally, Needham & Company LLC decreased their price target on shares of HubSpot to $182.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Nine equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $195.63.
HubSpot Company Profile
HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. The company’s software platform includes integrated applications, such as customer relationship management, search engine optimization, blogging, Website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.
