1,953 Shares in HubSpot, Inc. (NYSE:HUBS) Bought by B.O.S.S. Retirement Advisors LLC

B.O.S.S. Retirement Advisors LLC acquired a new stake in shares of HubSpot, Inc. (NYSE:HUBS) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 1,953 shares of the software maker’s stock, valued at approximately $1,361,000.

Other large investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new position in shares of HubSpot during the 3rd quarter worth about $25,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of HubSpot by 73.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock worth $31,000 after purchasing an additional 19 shares in the last quarter. HM Payson & Co. increased its position in shares of HubSpot by 36.0% during the third quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock valued at $36,000 after purchasing an additional 18 shares during the period. Friedenthal Financial acquired a new position in shares of HubSpot in the fourth quarter valued at $50,000. Finally, Crewe Advisors LLC lifted its position in HubSpot by 37.3% in the third quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock worth $55,000 after purchasing an additional 28 shares during the period. 90.39% of the stock is owned by institutional investors.

Insider Activity at HubSpot

In other HubSpot news, CFO Kathryn Bueker sold 4,381 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $700.00, for a total transaction of $3,066,700.00. Following the completion of the sale, the chief financial officer now directly owns 41,259 shares in the company, valued at approximately $28,881,300. This trade represents a 9.60 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $661.59, for a total value of $5,623,515.00. Following the completion of the transaction, the insider now directly owns 513,698 shares in the company, valued at $339,857,459.82. This represents a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 78,066 shares of company stock worth $54,900,427 over the last ninety days. Insiders own 4.50% of the company’s stock.

Analyst Upgrades and Downgrades

HUBS has been the topic of several analyst reports. Barclays boosted their price target on shares of HubSpot from $500.00 to $650.00 and gave the company an “equal weight” rating in a report on Friday, November 8th. Piper Sandler cut shares of HubSpot from an “overweight” rating to a “neutral” rating and raised their price target for the stock from $570.00 to $640.00 in a research note on Thursday, November 7th. Mizuho upped their price objective on HubSpot from $725.00 to $775.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. TD Cowen lowered HubSpot from a “buy” rating to a “hold” rating and increased their price objective for the stock from $680.00 to $725.00 in a research note on Friday, January 17th. Finally, Bank of America lifted their price objective on HubSpot from $780.00 to $850.00 and gave the company a “buy” rating in a report on Monday, December 16th. Six research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, HubSpot has an average rating of “Moderate Buy” and an average price target of $721.26.

HubSpot Trading Down 1.2 %

Shares of NYSE:HUBS opened at $728.24 on Friday. The stock has a market capitalization of $37.59 billion, a PE ratio of -2,697.07, a PEG ratio of 40.57 and a beta of 1.70. The firm has a 50 day moving average of $716.86 and a 200-day moving average of $590.78. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $762.47.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, November 6th. The software maker reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.27. HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. The company had revenue of $669.72 million for the quarter, compared to analyst estimates of $646.97 million. During the same quarter last year, the company posted ($0.04) EPS. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. On average, research analysts predict that HubSpot, Inc. will post 0.42 EPS for the current fiscal year.

About HubSpot

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.