Juncture Wealth Strategies LLC Increases Holdings in HubSpot, Inc. (NYSE:HUBS)

Juncture Wealth Strategies LLC grew its holdings in HubSpot, Inc. (NYSE:HUBS) by 3.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,349 shares of the software maker’s stock after acquiring an additional 40 shares during the quarter. Juncture Wealth Strategies LLC’s holdings in HubSpot were worth $940,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in HUBS. B.O.S.S. Retirement Advisors LLC purchased a new stake in HubSpot in the fourth quarter valued at $1,361,000. Linden Thomas Advisory Services LLC increased its position in shares of HubSpot by 7.6% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 2,562 shares of the software maker’s stock worth $1,785,000 after purchasing an additional 180 shares in the last quarter. Donoghue Forlines LLC purchased a new stake in shares of HubSpot in the 4th quarter valued at about $2,049,000. Mutual Advisors LLC acquired a new stake in shares of HubSpot in the 4th quarter valued at about $206,000. Finally, Sheets Smith Wealth Management purchased a new position in HubSpot during the 4th quarter worth approximately $434,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insider Activity at HubSpot

In other HubSpot news, CTO Dharmesh Shah sold 25,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $739.89, for a total transaction of $18,497,250.00. Following the completion of the transaction, the chief technology officer now owns 1,272,077 shares of the company’s stock, valued at approximately $941,197,051.53. This trade represents a 1.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Yamini Rangan sold 115 shares of the company’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $713.79, for a total value of $82,085.85. Following the completion of the sale, the chief executive officer now owns 61,179 shares in the company, valued at $43,668,958.41. This represents a 0.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 78,066 shares of company stock valued at $54,900,427. Insiders own 4.50% of the company’s stock.

Analysts Set New Price Targets

HUBS has been the subject of a number of research reports. Barclays boosted their price objective on HubSpot from $500.00 to $650.00 and gave the company an “equal weight” rating in a research note on Friday, November 8th. Needham & Company LLC reiterated a “buy” rating and issued a $730.00 price target on shares of HubSpot in a research report on Thursday, November 7th. Mizuho raised their price objective on shares of HubSpot from $725.00 to $775.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Stifel Nicolaus upped their target price on shares of HubSpot from $750.00 to $880.00 and gave the company a “buy” rating in a report on Monday, December 9th. Finally, UBS Group downgraded shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 17th. Six analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $721.26.

HubSpot Trading Down 1.2 %

HUBS stock opened at $728.24 on Friday. The firm has a 50 day moving average of $716.86 and a 200-day moving average of $590.78. The company has a market cap of $37.59 billion, a price-to-earnings ratio of -2,697.07, a PEG 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.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, November 6th. The software maker reported $2.18 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 1.16% and a negative net margin of 0.56%. HubSpot’s revenue was up 20.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.04) earnings per share. Sell-side analysts forecast that HubSpot, Inc. will post 0.42 earnings per share for the current fiscal year.

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.