Janus Henderson Group PLC Grows Stock Holdings in HubSpot, Inc. (NYSE:HUBS)

Janus Henderson Group PLC raised its holdings in HubSpot, Inc. (NYSE:HUBS - Free Report) by 214.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 77,039 shares of the software maker's stock after purchasing an additional 52,576 shares during the quarter. Janus Henderson Group PLC owned about 0.15% of HubSpot worth $53,676,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Larson Financial Group LLC increased its stake in HubSpot by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 43 shares of the software maker's stock worth $30,000 after buying an additional 27 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of 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 in the last quarter. Coppell Advisory Solutions LLC raised its holdings in shares of 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 acquiring an additional 22 shares during the period. Aster Capital Management DIFC Ltd lifted its position in HubSpot by 213.3% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 47 shares of the software maker's stock worth $33,000 after buying an additional 32 shares in the last quarter. Finally, Bank of Jackson Hole Trust acquired a new position in shares of HubSpot during the 4th quarter worth $35,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. William Blair reissued an "outperform" rating on shares of HubSpot in a report on Thursday, February 13th. Redburn Atlantic started coverage on shares of HubSpot in a research note on Wednesday, February 19th. They set a "buy" rating on the stock. TD Cowen downgraded shares of HubSpot from a "buy" rating to a "hold" rating and boosted their target price for the stock from $680.00 to $725.00 in a report on Friday, January 17th. BMO Capital Markets decreased their price objective on shares of HubSpot from $885.00 to $745.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Finally, Jefferies Financial Group cut their price objective on shares of HubSpot from $900.00 to $700.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Five investment analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $767.33.

Insider Buying and Selling at HubSpot

In other news, insider Brian Halligan sold 8,500 shares of HubSpot stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $607.48, for a total value of $5,163,580.00. Following the transaction, the insider now directly owns 527,233 shares in the company, valued at approximately $320,283,502.84. This trade represents a 1.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Yamini Rangan sold 680 shares of the business's stock in a transaction 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 transaction, the chief executive officer now owns 71,693 shares in the company, valued at approximately $43,015,800. This trade represents a 0.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,562 shares of company stock worth $18,401,757 in the last quarter. 4.50% of the stock is owned by corporate insiders.

HubSpot Trading Down 0.5%

HUBS stock traded down $3.62 during trading on Friday, reaching $660.43. The stock had a trading volume of 687,933 shares, compared to its average volume of 621,704. The stock's 50 day moving average is $588.18 and its two-hundred day moving average is $670.37. The firm has a market cap of $34.76 billion, a PE ratio of 7,338.97, a PEG ratio of 41.44 and a beta of 1.78. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $881.13.

HubSpot (NYSE:HUBS - Get Free Report) last released its 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 anticipate that HubSpot, Inc. will post 1.01 EPS for the current year.

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.