HubSpot, Inc. (NYSE:HUBS) Shares Sold by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC reduced its position in HubSpot, Inc. (NYSE:HUBS) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 607 shares of the software maker’s stock after selling 15 shares during the quarter. Winthrop Advisory Group LLC’s holdings in HubSpot were worth $423,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HUBS. Wellington Management Group LLP grew its position in HubSpot by 52.2% in the 3rd quarter. Wellington Management Group LLP now owns 1,402,200 shares of the software maker’s stock valued at $745,410,000 after acquiring an additional 480,796 shares in the last quarter. Fred Alger Management LLC grew its position in HubSpot by 516.2% in the 2nd quarter. Fred Alger Management LLC now owns 163,291 shares of the software maker’s stock valued at $96,307,000 after acquiring an additional 136,793 shares in the last quarter. International Assets Investment Management LLC grew its position in HubSpot by 214,342.4% in the 3rd quarter. International Assets Investment Management LLC now owns 126,521 shares of the software maker’s stock valued at $672,590,000 after acquiring an additional 126,462 shares in the last quarter. Marshall Wace LLP grew its position in HubSpot by 88.7% in the 2nd quarter. Marshall Wace LLP now owns 241,557 shares of the software maker’s stock valued at $142,468,000 after acquiring an additional 113,555 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in HubSpot by 17.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 571,274 shares of the software maker’s stock valued at $303,689,000 after acquiring an additional 86,688 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

HubSpot Stock Down 1.0 %

HUBS stock traded down $7.37 on Monday, reaching $696.99. 20,989 shares of the company’s stock were exchanged, compared to its average volume of 315,365. The stock has a fifty day moving average of $703.63 and a 200-day moving average of $581.86. HubSpot, Inc. has a twelve month low of $434.84 and a twelve month high of $762.47. The firm has a market cap of $35.98 billion, a PE ratio of -2,581.35, a P/E/G ratio of 87.75 and a beta of 1.70.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, November 6th. The software maker reported $2.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.27. The firm had revenue of $669.72 million for the quarter, compared to analyst estimates of $646.97 million. HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. HubSpot’s quarterly revenue was up 20.1% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.04) earnings per share. On average, equities research analysts predict that HubSpot, Inc. will post 0.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on HUBS shares. The Goldman Sachs Group boosted their price objective on HubSpot from $626.00 to $690.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Oppenheimer boosted their price objective on HubSpot from $625.00 to $740.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. BMO Capital Markets boosted their price objective on HubSpot from $570.00 to $690.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Evercore ISI boosted their price objective on HubSpot from $610.00 to $700.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. Finally, Needham & Company LLC reissued a “buy” rating and set a $730.00 price objective on shares of HubSpot in a research report on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $714.05.

Insider Buying and Selling at HubSpot

In related news, CFO Kathryn Bueker sold 4,381 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $700.00, for a total transaction of $3,066,700.00. Following the sale, the chief financial officer now owns 41,259 shares of the company’s stock, valued at $28,881,300. This trade represents a 9.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Yamini Rangan sold 3,057 shares of the stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $701.59, for a total value of $2,144,760.63. Following the sale, the chief executive officer now directly owns 54,079 shares in the company, valued at approximately $37,941,285.61. The trade was a 5.35 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 78,066 shares of company stock valued at $54,900,427. Insiders own 4.50% of the company’s stock.

HubSpot 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.