Susquehanna Fundamental Investments LLC Acquires New Stake in HubSpot, Inc. (NYSE:HUBS)

Susquehanna Fundamental Investments LLC bought a new stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,700 shares of the software maker's stock, valued at approximately $1,185,000.

Several other hedge funds also recently added to or reduced their stakes in HUBS. Larson Financial Group LLC lifted its stake in HubSpot by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 43 shares of the software maker's stock valued at $30,000 after buying an additional 27 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings 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 purchasing an additional 19 shares during the last quarter. Coppell Advisory Solutions LLC grew its position in shares of HubSpot by 91.7% in the fourth quarter. Coppell Advisory Solutions LLC now owns 46 shares of the software maker's stock valued at $32,000 after purchasing an additional 22 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of HubSpot in the third quarter valued at approximately $25,000. Finally, Aster Capital Management DIFC Ltd lifted its position in HubSpot by 213.3% during the fourth 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. 90.39% of the stock is owned by hedge funds and other institutional investors.

HubSpot Trading Down 0.4 %

NYSE HUBS traded down $2.32 during mid-day trading on Tuesday, reaching $637.08. 269,493 shares of the company's stock traded hands, compared to its average volume of 619,170. The company has a fifty day simple moving average of $590.73 and a 200-day simple moving average of $665.54. HubSpot, Inc. has a 1-year low of $434.84 and a 1-year high of $881.13. The company has a market cap of $33.53 billion, a price-to-earnings ratio of 7,070.00, a P/E/G ratio of 41.44 and a beta of 1.78.

HubSpot (NYSE:HUBS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The software maker reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $2.18 by ($1.98). HubSpot had a net margin of 0.17% and a negative return on equity of 0.07%. Equities research analysts forecast that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on HUBS. Barclays upgraded HubSpot from an "equal weight" rating to an "overweight" rating and set a $815.00 price target on the stock in a report on Wednesday, March 12th. StockNews.com cut shares of HubSpot from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Royal Bank of Canada increased their price target on shares of HubSpot from $825.00 to $950.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Stephens began coverage on HubSpot in a research report on Wednesday, March 19th. They set an "overweight" rating and a $769.00 price objective for the company. Finally, Wells Fargo & Company dropped their target price on HubSpot from $940.00 to $700.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Five research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $777.44.

Insiders Place Their Bets

In other HubSpot news, CEO Yamini Rangan sold 680 shares of HubSpot stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now directly owns 71,693 shares in the company, valued at $43,015,800. The trade was a 0.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Brian Halligan sold 8,500 shares of the stock in a transaction on 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 sale, the insider now directly owns 524,751 shares in the company, valued at $425,048,310. This represents a 1.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 28,562 shares of company stock valued at $18,401,757 in the last quarter. Insiders own 4.50% of the company's stock.

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.