Ellevest Inc. Sells 605 Shares of HubSpot, Inc. (NYSE:HUBS)

Ellevest Inc. reduced its holdings in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 24.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,850 shares of the software maker's stock after selling 605 shares during the quarter. Ellevest Inc.'s holdings in HubSpot were worth $1,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of HUBS. Wilmington Savings Fund Society FSB purchased a new stake in shares of HubSpot during the 3rd quarter valued at about $25,000. Larson Financial Group LLC boosted its holdings in HubSpot by 168.8% in the fourth 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 last quarter. MassMutual Private Wealth & Trust FSB grew its position in HubSpot by 73.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker's stock worth $31,000 after purchasing an additional 19 shares during the period. Coppell Advisory Solutions LLC raised its stake in HubSpot by 91.7% during the 4th quarter. Coppell Advisory Solutions LLC now owns 46 shares of the software maker's stock valued at $32,000 after buying an additional 22 shares during the last quarter. Finally, 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 buying an additional 32 shares during the period. 90.39% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at HubSpot

In other HubSpot news, CEO Yamini Rangan sold 680 shares of the business'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 sale, the chief executive officer now owns 71,693 shares in the company, valued at approximately $43,015,800. The trade was a 0.94 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Brian Halligan sold 8,500 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $810.00, for a total value of $6,885,000.00. Following the completion of the transaction, the insider now owns 524,751 shares of the company's stock, valued at approximately $425,048,310. The trade was a 1.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 28,562 shares of company stock worth $18,401,757. 4.50% of the stock is owned by corporate insiders.

HubSpot Stock Up 2.6 %

NYSE HUBS opened at $660.73 on Friday. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $881.13. The company has a 50 day moving average price of $586.65 and a 200 day moving average price of $666.06. The firm has a market cap of $34.78 billion, a PE ratio of 7,342.20, a price-to-earnings-growth ratio of 41.44 and a beta of 1.78.

HubSpot (NYSE:HUBS - Get Free Report) last issued its quarterly earnings results 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%. On average, equities research analysts anticipate that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on the company. William Blair reiterated an "outperform" rating on shares of HubSpot in a research report on Thursday, February 13th. BNP Paribas started coverage on shares of HubSpot in a research note on Tuesday, April 22nd. They issued an "outperform" rating and a $700.00 price objective on the stock. Scotiabank cut their target price on shares of HubSpot from $900.00 to $750.00 and set a "sector outperform" rating for the company in a research report on Thursday, April 24th. JPMorgan Chase & Co. lifted their price target on shares of HubSpot from $635.00 to $725.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 11th. Finally, Raymond James upped their price objective on HubSpot from $750.00 to $980.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. Five analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, HubSpot currently has a consensus rating of "Moderate Buy" and an average price target of $777.44.

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.

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