150 Shares in HubSpot, Inc. (NYSE:HUBS) Acquired by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. bought a new stake in shares of HubSpot, Inc. (NYSE:HUBS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 150 shares of the software maker’s stock, valued at approximately $104,000.

A number of other institutional investors and hedge funds have also bought and sold shares of HUBS. Farther Finance Advisors LLC boosted its stake in shares of HubSpot by 5.4% during the fourth quarter. Farther Finance Advisors LLC now owns 255 shares of the software maker’s stock valued at $178,000 after purchasing an additional 13 shares in the last quarter. First Horizon Advisors Inc. boosted its position in HubSpot by 2.4% during the 4th quarter. First Horizon Advisors Inc. now owns 638 shares of the software maker’s stock valued at $445,000 after acquiring an additional 15 shares in the last quarter. Amalgamated Bank increased its holdings in shares of HubSpot by 0.5% in the 4th quarter. Amalgamated Bank now owns 3,259 shares of the software maker’s stock valued at $2,271,000 after acquiring an additional 16 shares during the period. Avitas Wealth Management LLC increased its holdings in shares of HubSpot by 0.8% in the 4th quarter. Avitas Wealth Management LLC now owns 2,038 shares of the software maker’s stock valued at $1,420,000 after acquiring an additional 17 shares during the period. Finally, Principal Securities Inc. raised its position in shares of HubSpot by 17.2% in the 4th quarter. Principal Securities Inc. now owns 116 shares of the software maker’s stock worth $81,000 after acquiring an additional 17 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

HubSpot Price Performance

HUBS stock opened at $604.89 on Friday. The firm’s fifty day simple moving average is $715.33 and its 200-day simple moving average is $655.14. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $881.13. The company has a market capitalization of $31.55 billion, a P/E ratio of 6,721.75, a price-to-earnings-growth ratio of 41.44 and a beta of 1.80.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share 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%. As a group, sell-side analysts forecast that HubSpot, Inc. will post 1.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HUBS. UBS Group raised HubSpot from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 19th. JPMorgan Chase & Co. lifted their price objective on shares of HubSpot from $635.00 to $725.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 11th. Citigroup increased their target price on shares of HubSpot from $750.00 to $900.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Morgan Stanley lifted their price target on shares of HubSpot from $835.00 to $898.00 and gave the stock an “overweight” rating in a report on Thursday, February 13th. Finally, Raymond James upped their price target on HubSpot from $750.00 to $980.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Five research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $853.32.

Insider Buying and Selling at HubSpot

In other news, insider Brian Halligan sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $607.48, for a total transaction of $5,163,580.00. Following the sale, the insider now directly owns 527,233 shares in the company, valued at $320,283,502.84. This trade represents a 1.59 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lorrie M. Norrington sold 572 shares of the company’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $721.60, for a total value of $412,755.20. Following the completion of the transaction, the director now directly owns 1,125 shares of the company’s stock, valued at $811,800. The trade was a 33.71 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,425 shares of company stock valued at $15,866,151. 4.50% of the stock is owned by company insiders.

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.