HubSpot, Inc. (NYSE:HUBS) CFO John Kinzer sold 4,798 shares of the firm’s stock in a transaction that occurred on Tuesday, May 15th. The stock was sold at an average price of $109.10, for a total transaction of $523,461.80. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
John Kinzer also recently made the following trade(s):
- On Monday, April 16th, John Kinzer sold 20,000 shares of HubSpot stock. The stock was sold at an average price of $110.48, for a total transaction of $2,209,600.00.
- On Monday, March 26th, John Kinzer sold 20,000 shares of HubSpot stock. The stock was sold at an average price of $113.82, for a total transaction of $2,276,400.00.
Shares of HubSpot traded up $1.55, reaching $115.60, during mid-day trading on Wednesday, according to Marketbeat. The company had a trading volume of 264,958 shares, compared to its average volume of 523,362. HubSpot, Inc. has a fifty-two week low of $63.00 and a fifty-two week high of $124.45. The company has a quick ratio of 3.22, a current ratio of 3.22 and a debt-to-equity ratio of 1.37. The firm has a market cap of $4.38 billion, a PE ratio of -113.33 and a beta of 1.94.
Hedge funds have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of HubSpot by 35.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the software maker’s stock valued at $206,000 after acquiring an additional 606 shares during the period. Raymond James Trust N.A. purchased a new position in shares of HubSpot in the 4th quarter valued at $216,000. Sciencast Management LP purchased a new position in shares of HubSpot in the 4th quarter valued at $219,000. Advisor Group Inc. raised its stake in shares of HubSpot by 1,524.1% in the 4th quarter. Advisor Group Inc. now owns 3,037 shares of the software maker’s stock valued at $268,000 after acquiring an additional 2,850 shares during the period. Finally, Xact Kapitalforvaltning AB purchased a new position in shares of HubSpot in the 4th quarter valued at $269,000. 97.03% of the stock is currently owned by institutional investors and hedge funds.
A number of analysts recently issued reports on HUBS shares. Zacks Investment Research upgraded shares of HubSpot from a “sell” rating to a “hold” rating in a research report on Tuesday, March 20th. Stifel Nicolaus raised their target price on shares of HubSpot from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, May 7th. ValuEngine upgraded shares of HubSpot from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 8th. JPMorgan Chase & Co. raised their target price on shares of HubSpot from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Monday, February 12th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $119.00 target price (up previously from $104.00) on shares of HubSpot in a research report on Monday, April 23rd. Seven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $108.57.
HubSpot Company Profile
HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. Its software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, sales productivity, CRM, analytics, and reporting.
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