B. Metzler seel. Sohn & Co. AG Has $2.11 Million Position in HubSpot, Inc. $HUBS

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in HubSpot, Inc. by 42.2% during the first quarter, now holding shares valued at $2,109,000.
• HubSpot's stock price recently opened at $483.11, showing a twelve month low of $418.34 and a high of $881.13, with a market capitalization of $25.45 billion.
• The company reported $760.87 million in revenue for the recent quarter, exceeding analysts' expectations and reflecting a 19.4% year-over-year growth.

B. Metzler seel. Sohn & Co. AG increased its stake in HubSpot, Inc. (NYSE:HUBS - Free Report) by 42.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,691 shares of the software maker's stock after purchasing an additional 1,096 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in HubSpot were worth $2,109,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of HubSpot by 4.0% in the first quarter. Vanguard Group Inc. now owns 5,246,734 shares of the software maker's stock worth $2,997,407,000 after acquiring an additional 201,994 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in HubSpot by 17.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,910,062 shares of the software maker's stock worth $2,805,070,000 after purchasing an additional 714,980 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in HubSpot by 37.3% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 927,927 shares of the software maker's stock worth $530,115,000 after purchasing an additional 251,853 shares during the period. Groupama Asset Managment grew its position in HubSpot by 0.8% during the 1st quarter. Groupama Asset Managment now owns 732,578 shares of the software maker's stock worth $418,514,000 after purchasing an additional 5,779 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in HubSpot by 7.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 567,465 shares of the software maker's stock valued at $395,393,000 after purchasing an additional 40,404 shares during the period. 90.39% of the stock is owned by hedge funds and other institutional investors.

HubSpot Trading Up 0.1%

NYSE HUBS traded up $0.65 during trading on Wednesday, reaching $472.19. The company's stock had a trading volume of 597,293 shares, compared to its average volume of 736,665. The stock has a market capitalization of $24.88 billion, a PE ratio of -2,055.00, a PEG ratio of 16.65 and a beta of 1.58. HubSpot, Inc. has a 1-year low of $418.34 and a 1-year high of $881.13. The business has a 50-day moving average price of $508.47 and a 200-day moving average price of $574.48.

HubSpot (NYSE:HUBS - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The software maker reported $2.19 earnings per share for the quarter, beating analysts' consensus estimates of $2.12 by $0.07. HubSpot had a negative net margin of 0.42% and a positive return on equity of 1.74%. The business had revenue of $760.87 million for the quarter, compared to the consensus estimate of $739.94 million. During the same quarter last year, the firm earned $1.94 EPS. HubSpot's revenue for the quarter was up 19.4% on a year-over-year basis. As a group, analysts expect that HubSpot, Inc. will post 1.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Needham & Company LLC reiterated a "buy" rating and set a $900.00 price target on shares of HubSpot in a report on Friday, May 9th. Barclays lowered their target price on HubSpot from $745.00 to $675.00 and set an "overweight" rating on the stock in a research note on Monday, July 21st. The Goldman Sachs Group reduced their price target on shares of HubSpot from $900.00 to $795.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Sanford C. Bernstein upgraded shares of HubSpot from a "market perform" rating to an "outperform" rating and set a $606.00 price target for the company in a report on Wednesday. Finally, Morgan Stanley upped their price objective on shares of HubSpot from $659.00 to $752.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $722.93.

Insiders Place Their Bets

In other HubSpot news, CEO Yamini Rangan sold 2,383 shares of the stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $551.79, for a total transaction of $1,314,915.57. Following the transaction, the chief executive officer directly owned 63,918 shares of the company's stock, valued at $35,269,313.22. This represents a 3.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $449.84, for a total transaction of $3,823,640.00. Following the transaction, the director directly owned 522,435 shares in the company, valued at $235,012,160.40. The trade was a 1.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,498 shares of company stock valued at $14,752,256 over the last three months. 4.00% of the stock is currently owned by insiders.

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.