15,689 Shares in HubSpot, Inc. (NYSE:HUBS) Bought by Sora Investors LLC

Sora Investors LLC bought a new stake in HubSpot, Inc. (NYSE:HUBS - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 15,689 shares of the software maker's stock, valued at approximately $10,932,000.

Other large investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC raised its holdings in shares of HubSpot by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 43 shares of the software maker's stock worth $30,000 after purchasing an additional 27 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in shares of HubSpot by 73.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker's stock worth $31,000 after acquiring an additional 19 shares in the last quarter. Coppell Advisory Solutions LLC raised its stake in shares of HubSpot by 91.7% in the 4th quarter. Coppell Advisory Solutions LLC now owns 46 shares of the software maker's stock valued at $32,000 after acquiring an additional 22 shares during the period. Aster Capital Management DIFC Ltd lifted its holdings in shares of HubSpot by 213.3% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 47 shares of the software maker's stock valued at $33,000 after acquiring an additional 32 shares in the last quarter. Finally, Bank of Jackson Hole Trust acquired a new position in shares of HubSpot during the 4th quarter valued at $35,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HUBS has been the topic of several research reports. Needham & Company LLC reissued a "buy" rating and issued a $900.00 price objective on shares of HubSpot in a research report on Friday, May 9th. Citigroup raised their target price on HubSpot from $750.00 to $759.00 and gave the company a "buy" rating in a report on Tuesday, May 13th. KeyCorp raised HubSpot from a "sector weight" rating to an "overweight" rating and set a $920.00 price target on the stock in a research report on Thursday, February 13th. Macquarie started coverage on shares of HubSpot in a research report on Monday, March 24th. They issued an "outperform" rating and a $730.00 price objective for the company. Finally, Morgan Stanley boosted their target price on shares of HubSpot from $659.00 to $752.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Five analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $767.33.

HubSpot Trading Down 2.2%

HUBS traded down $14.40 during trading on Wednesday, reaching $627.36. 305,170 shares of the company were exchanged, compared to its average volume of 622,016. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $881.13. The firm has a 50 day moving average of $589.76 and a 200 day moving average of $672.30. The stock has a market cap of $33.02 billion, a P/E ratio of 6,987.67, a PEG ratio of 41.44 and a beta of 1.78.

Insider Activity

In related news, CEO Yamini Rangan sold 680 shares of the firm's stock in a transaction dated Thursday, April 24th. The stock was sold at an average price of $600.00, for a total transaction of $408,000.00. Following the completion of the transaction, the chief executive officer now owns 71,693 shares of the company's stock, valued at $43,015,800. This trade represents a 0.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Brian Halligan sold 8,500 shares of the business's stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $607.48, for a total value of $5,163,580.00. Following the sale, the insider now directly owns 527,233 shares in the company, valued at $320,283,502.84. This trade represents a 1.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 20,062 shares of company stock valued at $11,516,757. 4.50% of the stock is currently owned by company insiders.

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.