HubSpot, Inc. (NYSE:HUBS) is Groupama Asset Managment’s 4th Largest Position

Groupama Asset Managment boosted its stake in HubSpot, Inc. (NYSE:HUBS) by 3.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 726,799 shares of the software maker’s stock after buying an additional 26,799 shares during the period. HubSpot makes up approximately 3.7% of Groupama Asset Managment’s portfolio, making the stock its 4th biggest position. Groupama Asset Managment’s holdings in HubSpot were worth $506,412,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB acquired a new position in shares of HubSpot in the 3rd quarter worth approximately $25,000. Larson Financial Group LLC lifted its stake in HubSpot by 168.8% during the fourth quarter. Larson Financial Group LLC now owns 43 shares of the software maker’s stock worth $30,000 after purchasing an additional 27 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in shares of HubSpot by 73.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock worth $31,000 after buying an additional 19 shares during the period. Bank of Jackson Hole Trust purchased a new position in shares of HubSpot during the fourth quarter worth $35,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in shares of HubSpot in the fourth quarter valued at $36,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Trading Down 2.0 %

HUBS stock opened at $570.58 on Tuesday. The company’s 50-day moving average price is $702.68 and its 200 day moving average price is $660.69. The company has a market cap of $29.76 billion, a P/E ratio of 6,340.52, a P/E/G ratio of 41.44 and a beta of 1.80. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $881.13.

HubSpot (NYSE:HUBS) last announced its earnings results 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%. On average, equities research analysts expect that HubSpot, Inc. will post 1.01 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on HUBS. Macquarie began coverage on shares of HubSpot in a research note on Monday, March 24th. They set an “outperform” rating and a $730.00 price target on the stock. Morgan Stanley upped their target price on shares of HubSpot from $835.00 to $898.00 and gave the stock an “overweight” rating in a research note on Thursday, February 13th. The Goldman Sachs Group lifted their target price on HubSpot from $783.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Scotiabank upped their price target on HubSpot from $825.00 to $900.00 and gave the stock a “sector outperform” rating in a report on Thursday, February 13th. Finally, TD Cowen cut HubSpot from a “buy” rating to a “hold” rating and lifted their price objective for the company from $680.00 to $725.00 in a research note on Friday, January 17th. Five investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $848.58.

Insider Buying and Selling at HubSpot

In other news, CFO Kathryn Bueker sold 1,796 shares of HubSpot stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $701.59, for a total value of $1,260,055.64. Following the transaction, the chief financial officer now directly owns 38,560 shares of the company’s stock, valued at $27,053,310.40. The trade was a 4.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Yamini Rangan sold 3,057 shares of the firm’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 transaction of $2,144,760.63. Following the completion of the transaction, the chief executive officer now owns 54,079 shares in the company, valued at $37,941,285.61. The trade was a 5.35 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 21,853 shares of company stock worth $15,453,396. Insiders own 4.50% of the company’s stock.

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.