Hunter Madeley Sells 1,000 Shares of HubSpot, Inc. (HUBS) Stock
HubSpot, Inc. (NYSE:HUBS) insider Hunter Madeley sold 1,000 shares of HubSpot stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $84.35, for a total transaction of $84,350.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Hunter Madeley also recently made the following trade(s):
- On Tuesday, September 5th, Hunter Madeley sold 1,000 shares of HubSpot stock. The stock was sold at an average price of $72.80, for a total transaction of $72,800.00.
- On Wednesday, August 2nd, Hunter Madeley sold 16,000 shares of HubSpot stock. The stock was sold at an average price of $72.77, for a total transaction of $1,164,320.00.
HubSpot, Inc. (HUBS) traded up 0.41% during trading on Wednesday, hitting $85.00. 261,457 shares of the stock were exchanged. HubSpot, Inc. has a 1-year low of $44.90 and a 1-year high of $86.90. The firm’s 50 day moving average price is $73.34 and its 200-day moving average price is $69.11. The stock’s market cap is $3.15 billion.
HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, August 2nd. The software maker reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.08. The firm had revenue of $89.10 million during the quarter, compared to the consensus estimate of $85.80 million. HubSpot had a negative return on equity of 27.99% and a negative net margin of 13.17%. The business’s revenue was up 37.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.07) EPS. On average, analysts anticipate that HubSpot, Inc. will post $0.09 EPS for the current year.
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Several brokerages have commented on HUBS. KeyCorp reiterated a “buy” rating and issued a $86.00 target price on shares of HubSpot in a report on Wednesday, September 27th. Cowen and Company reaffirmed a “market perform” rating and set a $69.00 price objective (up previously from $63.00) on shares of HubSpot in a research report on Friday, August 4th. Canaccord Genuity reaffirmed a “buy” rating and set a $83.00 price objective on shares of HubSpot in a research report on Wednesday, September 27th. Oppenheimer Holdings, Inc. set a $80.00 price objective on shares of HubSpot and gave the company a “buy” rating in a research report on Thursday, August 3rd. Finally, SunTrust Banks, Inc. assumed coverage on shares of HubSpot in a research report on Monday, June 26th. They set a “buy” rating and a $81.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $77.81.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Point72 Asia Hong Kong Ltd boosted its holdings in shares of HubSpot by 153.1% in the 1st quarter. Point72 Asia Hong Kong Ltd now owns 1,706 shares of the software maker’s stock valued at $103,000 after buying an additional 1,032 shares during the last quarter. ETF Managers Group LLC acquired a new stake in shares of HubSpot in the 2nd quarter valued at approximately $110,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of HubSpot by 136.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,720 shares of the software maker’s stock valued at $113,000 after buying an additional 994 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of HubSpot by 41.3% in the 2nd quarter. Sei Investments Co. now owns 2,157 shares of the software maker’s stock valued at $142,000 after buying an additional 631 shares during the last quarter. Finally, Ameritas Investment Partners Inc. acquired a new stake in shares of HubSpot in the 1st quarter valued at approximately $151,000. 96.08% of the stock is owned by institutional investors.
HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into customers and delight customers so that they become promoters of those businesses.
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