Captrust Financial Advisors Has $1.35 Million Position in HubSpot, Inc. (NYSE:HUBS)

Captrust Financial Advisors raised its stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 41.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,933 shares of the software maker's stock after purchasing an additional 570 shares during the period. Captrust Financial Advisors' holdings in HubSpot were worth $1,347,000 as of its most recent SEC filing.

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

Insider Transactions at HubSpot

In other news, insider Brian Halligan sold 8,500 shares of the company's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $607.48, for a total transaction of $5,163,580.00. Following the sale, the insider now owns 527,233 shares in the company, valued at $320,283,502.84. This represents a 1.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Yamini Rangan sold 680 shares of the company's stock in a transaction that occurred on Thursday, April 24th. The stock was sold at an average price of $600.00, for a total value of $408,000.00. Following the sale, the chief executive officer now owns 71,693 shares in the company, valued at approximately $43,015,800. This represents a 0.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 28,562 shares of company stock worth $18,401,757 in the last 90 days. Corporate insiders own 4.50% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on HUBS shares. Morgan Stanley increased their price target on HubSpot from $659.00 to $752.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Barclays reduced their target price on HubSpot from $815.00 to $745.00 and set an "overweight" rating for the company in a research report on Friday, May 9th. Oppenheimer raised their target price on HubSpot from $700.00 to $750.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Stephens initiated coverage on HubSpot in a report on Wednesday, March 19th. They set an "overweight" rating and a $769.00 price objective for the company. Finally, Redburn Atlantic initiated coverage on HubSpot in a research report on Wednesday, February 19th. They issued a "buy" rating for the company. Five research analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $767.33.

HubSpot Stock Performance

NYSE HUBS traded down $3.62 during trading on Friday, hitting $660.43. The stock had a trading volume of 687,933 shares, compared to its average volume of 622,736. The company has a market capitalization of $34.76 billion, a PE ratio of 7,338.97, a P/E/G ratio of 41.44 and a beta of 1.78. The company's 50-day moving average price is $588.18 and its two-hundred day moving average price is $671.13. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $881.13.

HubSpot (NYSE:HUBS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.18 by ($1.98). HubSpot had a negative return on equity of 0.07% and a net margin of 0.17%. As a group, equities analysts anticipate that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

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.