Dimensional Fund Advisors LP Has $60.64 Million Holdings in HubSpot, Inc. (NYSE:HUBS)

Dimensional Fund Advisors LP boosted its position in HubSpot, Inc. (NYSE:HUBS - Free Report) by 7.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 87,019 shares of the software maker's stock after purchasing an additional 5,789 shares during the period. Dimensional Fund Advisors LP owned approximately 0.17% of HubSpot worth $60,635,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. B.O.S.S. Retirement Advisors LLC bought a new stake in HubSpot in the fourth quarter worth about $1,361,000. Oak Harvest Investment Services bought a new stake in shares of HubSpot during the 4th quarter worth $2,065,000. Donoghue Forlines LLC acquired a new position in shares of HubSpot in the 4th quarter worth $2,049,000. Mayflower Financial Advisors LLC acquired a new stake in shares of HubSpot during the fourth quarter worth $862,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of HubSpot by 1.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,246 shares of the software maker's stock valued at $2,262,000 after purchasing an additional 49 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

HubSpot Price Performance

Shares of NYSE HUBS traded up $6.90 during trading hours on Monday, hitting $642.71. 499,842 shares of the company's stock were exchanged, compared to its average volume of 620,541. The company's 50-day moving average price is $592.37 and its 200-day moving average price is $664.80. The stock has a market capitalization of $33.83 billion, a price-to-earnings ratio of 7,142.04, a PEG ratio of 41.44 and a beta of 1.78. HubSpot, Inc. has a 1-year low of $434.84 and a 1-year high of $881.13.

HubSpot (NYSE:HUBS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a negative return on equity of 0.07% and a net margin of 0.17%. On average, research analysts expect that HubSpot, Inc. will post 1.01 earnings per share for the current year.

Insiders Place Their Bets

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the firm's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $538.60, for a total transaction of $4,578,100.00. Following the completion of the transaction, the insider now owns 525,687 shares in the company, valued at $283,135,018.20. This trade represents a 1.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 shares were sold at an average price of $600.00, for a total value of $408,000.00. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,562 shares of company stock worth $18,401,757. 4.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Redburn Atlantic started coverage on HubSpot in a research note on Wednesday, February 19th. They issued a "buy" rating on the stock. Stifel Nicolaus set a $750.00 price target on shares of HubSpot in a report on Friday, April 25th. Needham & Company LLC raised their price objective on shares of HubSpot from $730.00 to $900.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. Royal Bank of Canada boosted their target price on shares of HubSpot from $825.00 to $950.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. Finally, Raymond James increased their target price on HubSpot from $750.00 to $980.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Five analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, HubSpot has an average rating of "Moderate Buy" and an average target price of $777.44.

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.