HubSpot, Inc. (NYSE:HUBS) Shares Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lifted its holdings in HubSpot, Inc. (NYSE:HUBS - Free Report) by 19.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,546 shares of the software maker's stock after buying an additional 3,671 shares during the quarter. Los Angeles Capital Management LLC's holdings in HubSpot were worth $13,089,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Jennison Associates LLC grew its stake in HubSpot by 728.0% in the third quarter. Jennison Associates LLC now owns 792,135 shares of the software maker's stock worth $390,126,000 after purchasing an additional 696,469 shares in the last quarter. Wellington Management Group LLP grew its stake in HubSpot by 26.0% in the third quarter. Wellington Management Group LLP now owns 1,247,345 shares of the software maker's stock worth $614,317,000 after purchasing an additional 257,632 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in HubSpot by 552.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 241,203 shares of the software maker's stock worth $118,792,000 after purchasing an additional 204,241 shares in the last quarter. JPMorgan Chase & Co. grew its stake in HubSpot by 6.5% in the third quarter. JPMorgan Chase & Co. now owns 2,716,774 shares of the software maker's stock worth $1,338,012,000 after purchasing an additional 166,381 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in HubSpot in the fourth quarter worth approximately $45,835,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HUBS. Wells Fargo & Company increased their target price on HubSpot from $700.00 to $725.00 and gave the company an "overweight" rating in a research report on Thursday, February 15th. Canaccord Genuity Group increased their target price on HubSpot from $700.00 to $750.00 and gave the company a "buy" rating in a research report on Friday, April 5th. Wolfe Research increased their target price on HubSpot from $660.00 to $715.00 and gave the company an "outperform" rating in a research report on Thursday, February 15th. Needham & Company LLC increased their target price on HubSpot from $630.00 to $730.00 and gave the company a "buy" rating in a research report on Thursday, February 15th. Finally, William Blair reaffirmed an "outperform" rating on shares of HubSpot in a research report on Thursday, February 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $642.36.

Insider Buying and Selling at HubSpot

In other HubSpot news, insider Dawson Alyssa Harvey sold 1,086 shares of the stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $618.25, for a total transaction of $671,419.50. Following the completion of the transaction, the insider now owns 7,783 shares of the company's stock, valued at $4,811,839.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Brian Halligan sold 8,500 shares of the company's stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $636.18, for a total value of $5,407,530.00. Following the completion of the sale, the insider now directly owns 526,041 shares in the company, valued at $334,656,763.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Dawson Alyssa Harvey sold 1,086 shares of the company's stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $618.25, for a total value of $671,419.50. Following the completion of the sale, the insider now owns 7,783 shares of the company's stock, valued at $4,811,839.75. The disclosure for this sale can be found here. Insiders sold 21,393 shares of company stock valued at $13,421,401 over the last quarter. 4.90% of the stock is currently owned by insiders.

HubSpot Price Performance

NYSE HUBS traded up $9.38 during trading hours on Friday, reaching $600.27. The company's stock had a trading volume of 354,179 shares, compared to its average volume of 563,420. The firm has a market capitalization of $30.56 billion, a price-to-earnings ratio of -169.09 and a beta of 1.57. HubSpot, Inc. has a 1-year low of $407.23 and a 1-year high of $693.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.96 and a quick ratio of 1.96. The company's 50-day moving average is $628.44 and its two-hundred day moving average is $565.26.

HubSpot (NYSE:HUBS - Get Free Report) last announced its earnings results on Wednesday, February 14th. The software maker reported ($0.08) EPS for the quarter, beating analysts' consensus estimates of ($0.30) by $0.22. HubSpot had a negative return on equity of 6.38% and a negative net margin of 8.12%. The business had revenue of $581.91 million during the quarter, compared to analysts' expectations of $557.48 million. On average, equities analysts predict that HubSpot, Inc. will post -0.98 EPS for the current year.

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.