Values First Advisors Inc. Lowers Stock Holdings in HubSpot, Inc. (NYSE:HUBS)

Values First Advisors Inc. cut its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 14.2% in the 4th quarter, Holdings Channel reports. The fund owned 1,050 shares of the software maker’s stock after selling 174 shares during the quarter. Values First Advisors Inc.’s holdings in HubSpot were worth $732,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in HUBS. Legato Capital Management LLC acquired a new stake in shares of HubSpot in the 4th quarter worth $1,951,000. Certuity LLC acquired a new position in shares of HubSpot during the fourth quarter worth about $227,000. Peterson Wealth Services raised its holdings in HubSpot by 6.1% during the fourth quarter. Peterson Wealth Services now owns 1,577 shares of the software maker’s stock worth $1,099,000 after purchasing an additional 90 shares in the last quarter. First National Corp MA ADV acquired a new stake in HubSpot in the fourth quarter valued at about $240,000. Finally, Savant Capital LLC boosted its holdings in HubSpot by 1.1% in the 4th quarter. Savant Capital LLC now owns 2,661 shares of the software maker’s stock valued at $1,854,000 after purchasing an additional 30 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

HubSpot Trading Up 0.0 %

HubSpot stock opened at $784.84 on Thursday. The stock has a 50-day moving average price of $731.91 and a 200 day moving average price of $616.53. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $811.79.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. As a group, equities research analysts expect that HubSpot, Inc. will post 0.42 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on HUBS. Bank of America increased their target price on HubSpot from $780.00 to $850.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Canaccord Genuity Group increased their price objective on HubSpot from $600.00 to $710.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Royal Bank of Canada raised their target price on HubSpot from $750.00 to $825.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. UBS Group cut shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 17th. Finally, Wells Fargo & Company raised their price objective on shares of HubSpot from $810.00 to $835.00 and gave the company an “overweight” rating in a research note on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $747.92.

Insider Buying and Selling

In other news, CFO Kathryn Bueker sold 1,796 shares of the company’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $701.59, for a total transaction of $1,260,055.64. Following the completion of the transaction, the chief financial officer now owns 38,560 shares of the company’s stock, valued at $27,053,310.40. This represents a 4.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Dharmesh Shah sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $672.62, for a total transaction of $16,815,500.00. Following the completion of the sale, the chief technology officer now directly owns 1,323,145 shares in the company, valued at $889,973,789.90. This represents a 1.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 73,112 shares of company stock worth $51,432,627. 4.50% of the stock is owned by insiders.

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.