Linden Thomas Advisory Services LLC Has $1.79 Million Position in HubSpot, Inc. (NYSE:HUBS)

Linden Thomas Advisory Services LLC grew its position in shares of HubSpot, Inc. (NYSE:HUBS) by 7.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,562 shares of the software maker’s stock after acquiring an additional 180 shares during the period. Linden Thomas Advisory Services LLC’s holdings in HubSpot were worth $1,785,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Wellington Management Group LLP lifted its stake in HubSpot by 52.2% in the third quarter. Wellington Management Group LLP now owns 1,402,200 shares of the software maker’s stock valued at $745,410,000 after acquiring an additional 480,796 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of HubSpot by 214,342.4% during the 3rd quarter. International Assets Investment Management LLC now owns 126,521 shares of the software maker’s stock valued at $672,590,000 after purchasing an additional 126,462 shares in the last quarter. Massachusetts Financial Services Co. MA lifted 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. TimesSquare Capital Management LLC boosted its holdings in HubSpot by 49.5% in the third quarter. TimesSquare Capital Management LLC now owns 207,842 shares of the software maker’s stock worth $110,489,000 after purchasing an additional 68,827 shares in the last quarter. Finally, Two Sigma Advisers LP boosted its stake in shares of HubSpot by 191.6% during the 3rd quarter. Two Sigma Advisers LP now owns 72,900 shares of the software maker’s stock worth $38,754,000 after acquiring an additional 47,900 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Insiders Place Their Bets

In related news, insider Dawson Alyssa Harvey sold 573 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $700.00, for a total value of $401,100.00. Following the sale, the insider now directly owns 7,603 shares of the company’s stock, valued at $5,322,100. This trade represents a 7.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Yamini Rangan sold 115 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $713.79, for a total transaction of $82,085.85. Following the completion of the sale, the chief executive officer now owns 61,179 shares in the company, valued at approximately $43,668,958.41. The trade was a 0.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 78,066 shares of company stock worth $54,900,427 over the last three months. Insiders own 4.50% of the company’s stock.

HubSpot Trading Down 1.2 %

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

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, November 6th. The software maker reported $2.18 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.27. The firm had revenue of $669.72 million during the quarter, compared to analysts’ expectations of $646.97 million. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.04) earnings per share. Analysts predict that HubSpot, Inc. will post 0.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HUBS. The Goldman Sachs Group boosted their price objective on HubSpot from $626.00 to $690.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Royal Bank of Canada boosted their price target on shares of HubSpot from $750.00 to $825.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Barclays increased their target price on HubSpot from $500.00 to $650.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. TD Cowen lowered shares of HubSpot from a “buy” rating to a “hold” rating and raised their price objective for the stock from $680.00 to $725.00 in a report on Friday, January 17th. Finally, Stifel Nicolaus lifted their price target on HubSpot from $750.00 to $880.00 and gave the company a “buy” rating in a report on Monday, December 9th. 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, the company presently has an average rating of “Moderate Buy” and an average price target of $721.26.

HubSpot 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.