HubSpot, Inc. (NYSE:HUBS) CFO Sells $1,368,750.00 in Stock

HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker sold 2,190 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $625.00, for a total transaction of $1,368,750.00. Following the completion of the transaction, the chief financial officer now owns 45,737 shares in the company, valued at $28,585,625. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kathryn Bueker also recently made the following trade(s):

• On Thursday, May 16th, Kathryn Bueker sold 3,937 shares of HubSpot stock. The shares were sold at an average price of $616.51, for a total transaction of $2,427,199.87.

HubSpot Stock Down 0.8 %

HUBS stock opened at $590.16 on Friday. The stock has a market capitalization of $30.07 billion, a PE ratio of -222.70 and a beta of 1.57. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.32. HubSpot, Inc. has a 52 week low of $407.23 and a 52 week high of $693.85. The firm has a 50 day moving average of $624.86 and a 200 day moving average of $583.14.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. William Blair reaffirmed an “outperform” rating on shares of HubSpot in a research report on Thursday, February 15th. Evercore ISI lifted their target price on HubSpot from $625.00 to $650.00 and gave the company an “in-line” rating in a research report on Thursday, February 15th. Royal Bank of Canada raised their price target on HubSpot from $625.00 to $700.00 and gave the company an “outperform” rating in a research note on Thursday, February 15th. Canaccord Genuity Group decreased their price objective on HubSpot from $750.00 to $700.00 and set a “buy” rating for the company in a report on Thursday, May 9th. Finally, BMO Capital Markets cut their target price on shares of HubSpot from $710.00 to $635.00 and set an “outperform” rating on the stock in a research report on Thursday, May 9th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-three have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $640.04.

Hedge Funds Weigh In On HubSpot

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Riverview Trust Co acquired a new position in shares of HubSpot in the first quarter valued at about $27,000. Rakuten Securities Inc. purchased a new position in HubSpot during the 4th quarter worth approximately $29,000. Geneos Wealth Management Inc. lifted its stake in HubSpot by 1,125.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 49 shares of the software maker’s stock valued at $31,000 after acquiring an additional 45 shares during the period. Venturi Wealth Management LLC boosted its holdings in shares of HubSpot by 335.7% in the 4th quarter. Venturi Wealth Management LLC now owns 61 shares of the software maker’s stock valued at $35,000 after acquiring an additional 47 shares during the last quarter. Finally, Larson Financial Group LLC boosted its holdings in HubSpot by 1,380.0% in the fourth quarter. Larson Financial Group LLC now owns 74 shares of the software maker’s stock valued at $43,000 after purchasing an additional 69 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

HubSpot Company 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.