Diversified Trust Co. Buys 2,431 Shares of HubSpot, Inc. $HUBS

Diversified Trust Co. raised its position in shares of HubSpot, Inc. (NYSE:HUBS) by 488.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,929 shares of the software maker’s stock after purchasing an additional 2,431 shares during the quarter. Diversified Trust Co.’s holdings in HubSpot were worth $1,175,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Empowered Funds LLC boosted its stake in shares of HubSpot by 88.5% in the 1st quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after purchasing an additional 737 shares during the last quarter. Intech Investment Management LLC raised its stake in HubSpot by 16.9% during the second quarter. Intech Investment Management LLC now owns 1,480 shares of the software maker’s stock worth $824,000 after buying an additional 214 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in HubSpot by 4.6% in the second quarter. Charles Schwab Investment Management Inc. now owns 235,194 shares of the software maker’s stock valued at $130,916,000 after buying an additional 10,423 shares during the period. Insigneo Advisory Services LLC boosted its position in HubSpot by 6.3% during the second quarter. Insigneo Advisory Services LLC now owns 470 shares of the software maker’s stock valued at $262,000 after acquiring an additional 28 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in HubSpot by 2.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,961 shares of the software maker’s stock valued at $1,091,000 after acquiring an additional 39 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on HUBS. Royal Bank Of Canada cut their price target on HubSpot from $800.00 to $400.00 and set an “outperform” rating on the stock in a report on Thursday, February 12th. The Goldman Sachs Group cut their price target on HubSpot from $517.00 to $442.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Weiss Ratings reiterated a “sell (e+)” rating on shares of HubSpot in a research note on Friday, January 9th. Oppenheimer reduced their price objective on shares of HubSpot from $550.00 to $350.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Finally, Mizuho decreased their price objective on shares of HubSpot from $550.00 to $300.00 and set an “outperform” rating for the company in a research note on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $443.34.

Insider Buying and Selling at HubSpot

In other news, Director Brian Halligan sold 8,500 shares of the stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $303.38, for a total transaction of $2,578,730.00. Following the transaction, the director directly owned 487,344 shares in the company, valued at approximately $147,850,422.72. This represents a 1.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Erika Ashley Fisher sold 841 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $238.01, for a total transaction of $200,166.41. Following the transaction, the insider owned 10,119 shares in the company, valued at $2,408,423.19. The trade was a 7.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 26,691 shares of company stock valued at $7,250,662 over the last quarter. 4.00% of the stock is owned by company insiders.

HubSpot Trading Up 3.0%

HUBS opened at $245.24 on Friday. HubSpot, Inc. has a 12 month low of $207.20 and a 12 month high of $682.57. The company has a market cap of $12.93 billion, a PE ratio of 281.89, a price-to-earnings-growth ratio of 3.55 and a beta of 1.40. The company has a 50 day moving average of $264.81 and a 200 day moving average of $369.56.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, February 11th. The software maker reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.10. HubSpot had a net margin of 1.47% and a return on equity of 3.64%. The firm had revenue of $846.75 million during the quarter, compared to analyst estimates of $830.65 million. During the same period in the previous year, the business earned $2.32 EPS. The business’s revenue for the quarter was up 20.4% on a year-over-year basis. Research analysts forecast that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

HubSpot Profile

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company’s product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.