Rakuten Securities Inc. Purchases Shares of 50 HubSpot, Inc. (NYSE:HUBS)

Rakuten Securities Inc. purchased a new stake in HubSpot, Inc. (NYSE:HUBS) during the 4th quarter, Holdings Channel.com reports. The fund purchased 50 shares of the software maker’s stock, valued at approximately $29,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Slow Capital Inc. increased its holdings in HubSpot by 1.1% in the 4th quarter. Slow Capital Inc. now owns 6,301 shares of the software maker’s stock valued at $3,658,000 after buying an additional 71 shares during the period. Quantum Private Wealth LLC increased its holdings in HubSpot by 0.5% in the 4th quarter. Quantum Private Wealth LLC now owns 4,220 shares of the software maker’s stock valued at $2,450,000 after buying an additional 21 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in HubSpot by 3.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 33,126 shares of the software maker’s stock valued at $19,231,000 after buying an additional 1,050 shares during the period. Wealth Alliance bought a new stake in HubSpot in the 4th quarter valued at $220,000. Finally, Strs Ohio increased its holdings in HubSpot by 1,203.0% in the 4th quarter. Strs Ohio now owns 20,001 shares of the software maker’s stock valued at $11,611,000 after buying an additional 18,466 shares during the period. Institutional investors own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HUBS. Canaccord Genuity Group upped their target price on shares of HubSpot from $700.00 to $750.00 and gave the stock a “buy” rating in a report on Friday, April 5th. Barclays increased their price objective on shares of HubSpot from $475.00 to $600.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 24th. KeyCorp initiated coverage on shares of HubSpot in a report on Thursday, March 21st. They set an “underweight” rating and a $520.00 price objective on the stock. BMO Capital Markets increased their price objective on shares of HubSpot from $540.00 to $710.00 and gave the stock an “outperform” rating in a report on Monday, February 12th. Finally, Evercore ISI increased their price objective on shares of HubSpot from $625.00 to $650.00 and gave the stock an “in-line” rating in a report on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twenty-two have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $642.36.

Insider Buying and Selling at HubSpot

In other HubSpot news, insider Dawson Alyssa Harvey sold 969 shares of HubSpot stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $610.00, for a total value of $591,090.00. Following the transaction, the insider now owns 7,225 shares of the company’s stock, valued at $4,407,250. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Dawson Alyssa Harvey sold 969 shares of HubSpot stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $610.00, for a total value of $591,090.00. Following the sale, the insider now directly owns 7,225 shares in the company, valued at $4,407,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian Halligan sold 8,500 shares of HubSpot stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $636.18, for a total transaction of $5,407,530.00. Following the completion of the sale, the insider now owns 526,041 shares in the company, valued at $334,656,763.38. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,362 shares of company stock valued at $14,012,491. 4.90% of the stock is currently owned by corporate insiders.

HubSpot Stock Performance

Shares of HUBS stock opened at $649.34 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.96 and a current ratio of 1.96. HubSpot, Inc. has a 52 week low of $399.48 and a 52 week high of $693.85. The company’s 50 day moving average price is $625.42 and its two-hundred day moving average price is $551.99. The company has a market capitalization of $32.90 billion, a P/E ratio of -182.91 and a beta of 1.58.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, February 14th. The software maker reported ($0.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.22. HubSpot had a negative net margin of 8.12% and a negative return on equity of 6.38%. The firm had revenue of $581.91 million for the quarter, compared to analyst estimates of $557.48 million. On average, analysts expect that HubSpot, Inc. will post -0.98 earnings per share 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.