HubSpot - HUBS Stock Forecast, Price & News

HubSpot, Inc. 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, sales, service, and content management systems, as well as integrated applications, such as search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, knowledge base, commerce, conversation routing, video hosting, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting. It also offers professional services to educate and train customers on how to leverage its CRM platform, as well as phone and/or email and chat-based support services. The company serves mid-market business-to-business companies. HubSpot, Inc. was incorporated in 2005 and is headquartered in Cambridge, Massachusetts.

HubSpot Trading Down 2.4 %

Shares of HUBS Stock traded down $9.38 on Tuesday, reaching $379.16. 594,442 shares of the stock were exchanged, compared to its average volume of 798,050. The firm has a 50 day moving average of $319.35 and a two-hundred day moving average of $393.03. The stock has a market cap of $18.21 billion, a P/E ratio of -187.70 and a beta of 1.61. HubSpot has a 1-year low of $257.21 and a 1-year high of $866.00. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.52.

Analyst Ratings Changes

HUBS has been the subject of a number of research reports. KeyCorp reduced their price objective on HubSpot from $461.00 to $410.00 and set an "overweight" rating for the company in a research report on Friday, July 22nd. Barclays dropped their price target on shares of HubSpot from $375.00 to $325.00 and set an "equal weight" rating on the stock in a research note on Tuesday, July 26th. Oppenheimer upped their price objective on HubSpot from $350.00 to $425.00 in a research note on Monday, August 8th. UBS Group reduced their price objective on shares of HubSpot from $390.00 to $325.00 and set a "neutral" rating for the company in a research note on Tuesday, August 2nd. Finally, Cowen dropped their price target on HubSpot from $670.00 to $415.00 and set an "outperform" rating for the company in a research note on Friday, July 22nd. Three equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $546.60.

Insiders Place Their Bets

In other news, CFO Kathryn Bueker sold 200 shares of the firm's stock in a transaction that occurred on Wednesday, August 10th. The shares were sold at an average price of $400.00, for a total transaction of $80,000.00. Following the completion of the sale, the chief financial officer now owns 36,577 shares of the company's stock, valued at $14,630,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Brian Halligan sold 8,500 shares of the firm's stock in a transaction that occurred on Tuesday, July 19th. The shares were sold at an average price of $279.20, for a total transaction of $2,373,200.00. Following the transaction, the insider now owns 675,066 shares in the company, valued at $188,478,427.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Kathryn Bueker sold 200 shares of the company's stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $400.00, for a total value of $80,000.00. Following the sale, the chief financial officer now directly owns 36,577 shares of the company's stock, valued at $14,630,800. The disclosure for this sale can be found here. Insiders sold a total of 17,200 shares of company stock worth $5,004,730 in the last 90 days. 5.60% of the stock is owned by company insiders.