HubSpot, Inc. (NYSE:HUBS) Given Average Recommendation of “Moderate Buy” by Analysts

HubSpot, Inc. (NYSE:HUBS) has earned a consensus rating of “Moderate Buy” from the twenty-five analysts that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $863.96.

A number of equities analysts recently weighed in on HUBS shares. Bank of America lifted their price target on HubSpot from $780.00 to $850.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Jefferies Financial Group lifted their price target on HubSpot from $860.00 to $900.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. TD Cowen cut HubSpot from a “buy” rating to a “hold” rating and lifted their price target for the stock from $680.00 to $725.00 in a research note on Friday, January 17th. Mizuho lifted their price target on HubSpot from $725.00 to $775.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. Finally, BMO Capital Markets lifted their price target on HubSpot from $690.00 to $885.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th.

HubSpot Trading Down 2.4 %

Shares of HubSpot stock opened at $706.84 on Thursday. The company’s 50-day moving average price is $739.53 and its two-hundred day moving average price is $644.10. HubSpot has a 52 week low of $434.84 and a 52 week high of $881.13. The stock has a market cap of $36.86 billion, a PE ratio of 7,854.65, a price-to-earnings-growth ratio of 41.44 and a beta of 1.72.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 EPS for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a negative return on equity of 0.07% and a net margin of 0.17%. On average, equities analysts predict that HubSpot will post 1.01 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $810.00, for a total value of $6,885,000.00. Following the completion of the sale, the insider now directly owns 524,751 shares in the company, valued at approximately $425,048,310. The trade was a 1.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Yamini Rangan sold 3,057 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $701.59, for a total value of $2,144,760.63. Following the completion of the sale, the chief executive officer now owns 54,079 shares of the company’s stock, valued at approximately $37,941,285.61. This trade represents a 5.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 47,997 shares of company stock worth $35,796,526. 4.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HUBS. Wilmington Savings Fund Society FSB acquired a new position in shares of HubSpot during the third quarter worth approximately $25,000. Elequin Capital LP bought a new stake in shares of HubSpot during the fourth quarter valued at approximately $27,000. Larson Financial Group LLC increased its position in shares of HubSpot by 168.8% during the fourth quarter. Larson Financial Group LLC now owns 43 shares of the software maker’s stock valued at $30,000 after purchasing an additional 27 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in shares of HubSpot by 73.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock valued at $31,000 after purchasing an additional 19 shares during the period. Finally, Coppell Advisory Solutions LLC increased its position in shares of HubSpot by 91.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 46 shares of the software maker’s stock valued at $32,000 after purchasing an additional 22 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

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.