HubSpot, Inc. $HUBS Shares Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in HubSpot, Inc. (NYSE:HUBS) by 3.6% in the third quarter, Holdings Channel reports. The fund owned 51,931 shares of the software maker’s stock after buying an additional 1,805 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in HubSpot were worth $24,293,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of HUBS. Impact Investors Inc raised its stake in shares of HubSpot by 13.8% during the third quarter. Impact Investors Inc now owns 444 shares of the software maker’s stock valued at $208,000 after purchasing an additional 54 shares during the period. Triasima Portfolio Management inc. acquired a new stake in HubSpot during the 3rd quarter valued at $2,079,000. Jackson Thornton Wealth Management LLC purchased a new stake in HubSpot during the 3rd quarter worth $298,000. Slow Capital Inc. lifted its holdings in HubSpot by 11.6% in the 3rd quarter. Slow Capital Inc. now owns 13,702 shares of the software maker’s stock worth $6,410,000 after buying an additional 1,427 shares in the last quarter. Finally, Allstate Corp purchased a new position in HubSpot in the 3rd quarter valued at about $904,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HUBS. Morgan Stanley dropped their target price on HubSpot from $640.00 to $577.00 and set an “overweight” rating on the stock in a research report on Thursday, January 15th. UBS Group restated an “outperform” rating and set a $525.00 price objective on shares of HubSpot in a research note on Tuesday, January 6th. Evercore ISI set a $500.00 target price on HubSpot in a research report on Thursday, November 6th. The Goldman Sachs Group reduced their target price on HubSpot from $717.00 to $612.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Finally, Rothschild & Co Redburn restated a “neutral” rating and issued a $450.00 price target (down previously from $610.00) on shares of HubSpot in a research note on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $603.07.

Insider Buying and Selling at HubSpot

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $303.38, for a total transaction of $2,578,730.00. Following the sale, the director directly owned 487,344 shares of the company’s stock, valued at approximately $147,850,422.72. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 25,735 shares of company stock worth $8,943,006 over the last 90 days. 4.00% of the stock is currently owned by corporate insiders.

HubSpot Stock Up 5.2%

NYSE:HUBS opened at $318.16 on Friday. The company has a market cap of $16.67 billion, a PE ratio of -3,977.00, a P/E/G ratio of 7.16 and a beta of 1.46. The business’s 50 day moving average is $371.69 and its two-hundred day moving average is $444.10. HubSpot, Inc. has a 52 week low of $300.09 and a 52 week high of $881.13.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Thursday, November 6th. The software maker reported $2.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.58 by $0.08. HubSpot had a positive return on equity of 1.21% and a negative net margin of 0.12%.The business had revenue of $809.52 million for the quarter, compared to analyst estimates of $786.80 million. During the same period in the prior year, the company posted $2.18 EPS. The business’s revenue was up 20.9% compared to the same quarter last year. As a group, sell-side analysts expect that HubSpot, Inc. will post 1.01 EPS for the current fiscal year.

About HubSpot

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company’s product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.