HubSpot, Inc. (NYSE:HUBS) insider Hunter Madeley sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $87.15, for a total value of $87,150.00. Following the transaction, the insider now owns 61,926 shares of the company’s stock, valued at approximately $5,396,850.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Hunter Madeley also recently made the following trade(s):

  • On Tuesday, October 3rd, Hunter Madeley sold 1,000 shares of HubSpot stock. The shares were sold at an average price of $84.35, for a total value of $84,350.00.
  • On Tuesday, September 5th, Hunter Madeley sold 1,000 shares of HubSpot stock. The shares were sold at an average price of $72.80, for a total transaction of $72,800.00.

HubSpot, Inc. (NYSE HUBS) traded down $2.40 during trading hours on Friday, reaching $83.55. 517,799 shares of the company’s stock traded hands, compared to its average volume of 365,123.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, November 1st. The software maker reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.15. The business had revenue of $97.73 million during the quarter, compared to the consensus estimate of $96.50 million. HubSpot had a negative net margin of 12.16% and a negative return on equity of 21.93%. The company’s revenue was up 38.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.05) earnings per share. analysts predict that HubSpot, Inc. will post -1.04 EPS for the current fiscal year.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in HUBS. BlackRock Inc. raised its position in shares of HubSpot by 82,588.5% during the 1st quarter. BlackRock Inc. now owns 2,130,883 shares of the software maker’s stock worth $129,025,000 after purchasing an additional 2,128,306 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of HubSpot by 145.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,366,568 shares of the software maker’s stock worth $155,602,000 after purchasing an additional 1,400,677 shares during the last quarter. Harbour Capital Advisors LLC raised its position in shares of HubSpot by 15,658.6% during the 2nd quarter. Harbour Capital Advisors LLC now owns 724,894 shares of the software maker’s stock worth $11,025,000 after purchasing an additional 720,294 shares during the last quarter. Frontier Capital Management Co. LLC acquired a new position in shares of HubSpot during the 2nd quarter worth about $23,440,000. Finally, Lord Abbett & CO. LLC raised its position in shares of HubSpot by 74.6% during the 2nd quarter. Lord Abbett & CO. LLC now owns 474,251 shares of the software maker’s stock worth $31,182,000 after purchasing an additional 202,640 shares during the last quarter. Hedge funds and other institutional investors own 96.10% of the company’s stock.

HUBS has been the subject of several research analyst reports. Morgan Stanley lifted their price target on shares of HubSpot from $78.00 to $80.00 and gave the company an “overweight” rating in a research note on Thursday, July 20th. Oppenheimer Holdings, Inc. set a $80.00 price target on shares of HubSpot and gave the company a “buy” rating in a research note on Thursday, August 3rd. Canaccord Genuity lifted their price target on shares of HubSpot from $80.00 to $83.00 and gave the company a “buy” rating in a research note on Thursday, August 3rd. UBS AG reissued a “buy” rating and issued a $84.00 price objective (up previously from $77.00) on shares of HubSpot in a research note on Thursday, August 3rd. Finally, Cowen and Company reissued a “market perform” rating and issued a $69.00 price objective (up previously from $63.00) on shares of HubSpot in a research note on Friday, August 4th. Two investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $83.78.

HubSpot Company Profile

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.

Insider Buying and Selling by Quarter for HubSpot (NYSE:HUBS)

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