HubSpot, Inc. (NYSE:HUBS) Shares Bought by Juncture Wealth Strategies LLC

Juncture Wealth Strategies LLC grew its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 3.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,349 shares of the software maker’s stock after buying an additional 40 shares during the quarter. Juncture Wealth Strategies LLC’s holdings in HubSpot were worth $940,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of HubSpot in the third quarter worth $25,000. MassMutual Private Wealth & Trust FSB boosted its position in 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 period. HM Payson & Co. increased its holdings in HubSpot by 36.0% in the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock valued at $36,000 after purchasing an additional 18 shares in the last quarter. Friedenthal Financial purchased a new stake in shares of HubSpot during the 4th quarter valued at about $50,000. Finally, Crewe Advisors LLC raised its stake in shares of HubSpot by 37.3% during the third quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock valued at $55,000 after purchasing an additional 28 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at HubSpot

In related news, CEO Yamini Rangan sold 115 shares of the firm’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 sale, the chief executive officer now directly owns 61,179 shares in the company, valued at $43,668,958.41. This trade represents a 0.19 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Kathryn Bueker sold 4,381 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $700.00, for a total value of $3,066,700.00. Following the transaction, the chief financial officer now owns 41,259 shares of the company’s stock, valued at $28,881,300. This trade represents a 9.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 78,066 shares of company stock worth $54,900,427 in the last ninety days. 4.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on HUBS shares. Stifel Nicolaus raised their price target on shares of HubSpot from $750.00 to $880.00 and gave the company a “buy” rating in a report on Monday, December 9th. Oppenheimer raised their target price on HubSpot from $625.00 to $740.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Piper Sandler cut HubSpot from an “overweight” rating to a “neutral” rating and boosted their price target for the stock from $570.00 to $640.00 in a research note on Thursday, November 7th. Evercore ISI raised their price objective on HubSpot from $610.00 to $700.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Finally, Morgan Stanley upped their target price on HubSpot from $747.00 to $835.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Six equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $721.26.

HubSpot Trading Down 1.2 %

NYSE:HUBS opened at $728.24 on Friday. The stock has a 50 day moving average of $716.86 and a 200-day moving average of $590.78. The firm has a market capitalization of $37.59 billion, a PE ratio of -2,697.07, a price-to-earnings-growth ratio of 40.57 and a beta of 1.70. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $762.47.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, November 6th. The software maker reported $2.18 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.27. The firm had revenue of $669.72 million during the quarter, compared to the consensus estimate of $646.97 million. HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. The firm’s revenue was up 20.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.04) EPS. As a group, analysts predict that HubSpot, Inc. will post 0.42 EPS for the current fiscal year.

HubSpot Company 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.