Tokio Marine Asset Management Co. Ltd. Has $1.15 Million Holdings in HubSpot, Inc. (NYSE:HUBS)

Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 6.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,651 shares of the software maker’s stock after purchasing an additional 107 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in HubSpot were worth $1,150,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB grew its stake in HubSpot by 73.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock valued at $31,000 after acquiring an additional 19 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in HubSpot during the 3rd quarter valued at about $25,000. HM Payson & Co. grew its stake in HubSpot by 36.0% during the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock valued at $36,000 after acquiring an additional 18 shares in the last quarter. Friedenthal Financial purchased a new position in HubSpot during the 4th quarter valued at about $50,000. Finally, Crewe Advisors LLC grew its stake in HubSpot by 37.3% during the 3rd quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock valued at $55,000 after acquiring an additional 28 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Price Performance

NYSE HUBS opened at $765.39 on Tuesday. The firm has a market cap of $39.51 billion, a P/E ratio of -2,834.66, a P/E/G ratio of 44.02 and a beta of 1.72. The stock’s 50-day moving average is $724.40 and its 200-day moving average is $602.09. HubSpot, Inc. has a one year low of $434.84 and a one year high of $811.79.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, November 6th. The software maker reported $2.18 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.27. HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. The company had revenue of $669.72 million for the quarter, compared to analyst estimates of $646.97 million. During the same quarter last year, the firm posted ($0.04) earnings per share. HubSpot’s revenue was up 20.1% compared to the same quarter last year. Equities analysts anticipate that HubSpot, Inc. will post 0.42 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Mizuho boosted their price target on HubSpot from $725.00 to $775.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Royal Bank of Canada boosted their price target on HubSpot from $750.00 to $825.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. Oppenheimer boosted their price target on HubSpot from $625.00 to $740.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. BMO Capital Markets boosted their price target on HubSpot from $570.00 to $690.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Finally, Jefferies Financial Group boosted their price target on HubSpot from $860.00 to $900.00 and gave the company a “buy” rating in a research note on Monday. Six analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $731.83.

Insiders Place Their Bets

In other news, CEO Yamini Rangan sold 115 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $713.79, for a total value of $82,085.85. Following the transaction, the chief executive officer now owns 61,179 shares of the company’s stock, valued at approximately $43,668,958.41. This represents a 0.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kathryn Bueker sold 1,796 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $701.59, for a total value of $1,260,055.64. Following the completion of the transaction, the chief financial officer now directly owns 38,560 shares in the company, valued at $27,053,310.40. The trade was a 4.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 78,066 shares of company stock valued at $54,900,427 in the last 90 days. 4.50% of the stock is currently owned by 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.