HubSpot, Inc. (NYSE:HUBS) Stock Holdings Increased by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV grew its position in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 28.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,087 shares of the software maker's stock after purchasing an additional 463 shares during the period. Mercer Global Advisors Inc. ADV's holdings in HubSpot were worth $1,454,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Larson Financial Group LLC lifted its stake 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 acquiring an additional 27 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in shares of HubSpot by 73.1% during the 4th 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 HubSpot by 91.7% during the 4th quarter. Coppell Advisory Solutions LLC now owns 46 shares of the software maker's stock worth $32,000 after acquiring an additional 22 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of HubSpot in the 3rd quarter valued at about $25,000. Finally, Aster Capital Management DIFC Ltd boosted its stake in HubSpot by 213.3% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 47 shares of the software maker's stock worth $33,000 after purchasing an additional 32 shares during the period. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

HubSpot Price Performance

Shares of HUBS stock traded up $59.07 on Monday, hitting $662.12. 1,170,818 shares of the stock traded hands, compared to its average volume of 618,801. HubSpot, Inc. has a 1-year low of $434.84 and a 1-year high of $881.13. The company's fifty day moving average is $584.93 and its 200 day moving average is $668.28. The company has a market capitalization of $34.85 billion, a PE ratio of 7,357.73, a PEG ratio of 41.44 and a beta of 1.78.

HubSpot (NYSE:HUBS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share 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 research analysts expect that HubSpot, Inc. will post 1.01 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. UBS Group increased their price target on HubSpot from $675.00 to $820.00 and gave the stock a "buy" rating in a report on Friday. Raymond James reiterated an "outperform" rating and issued a $825.00 price objective (down from $980.00) on shares of HubSpot in a research report on Friday. Canaccord Genuity Group increased their price objective on HubSpot from $710.00 to $900.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Oppenheimer increased their price target on HubSpot from $700.00 to $750.00 and gave the stock an "outperform" rating in a research note on Friday. Finally, TD Cowen downgraded shares of HubSpot from a "buy" rating to a "hold" rating and increased their price target for the stock from $680.00 to $725.00 in a research note on Friday, January 17th. 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. Based on data from MarketBeat.com, HubSpot has an average rating of "Moderate Buy" and a consensus target price of $772.56.

Insider Transactions at HubSpot

In other HubSpot news, insider Brian Halligan sold 8,500 shares of HubSpot stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $607.48, for a total value of $5,163,580.00. Following the transaction, the insider now owns 527,233 shares in the company, valued at approximately $320,283,502.84. The trade was a 1.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Yamini Rangan sold 2,382 shares of the stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $573.92, for a total value of $1,367,077.44. Following the completion of the transaction, the chief executive officer now owns 72,373 shares of the company's stock, valued at $41,536,312.16. This trade represents a 3.19% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 28,562 shares of company stock worth $18,401,757. Company insiders own 4.50% of the company's stock.

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.