Asset Management One Co. Ltd. Has $41.30 Million Position in HubSpot, Inc. (NYSE:HUBS)

Asset Management One Co. Ltd. reduced its holdings in HubSpot, Inc. (NYSE:HUBS) by 6.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,449 shares of the software maker’s stock after selling 3,790 shares during the period. Asset Management One Co. Ltd. owned approximately 0.11% of HubSpot worth $41,298,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Creative Planning raised its holdings in HubSpot by 10.7% in the third quarter. Creative Planning now owns 6,706 shares of the software maker’s stock worth $3,565,000 after purchasing an additional 650 shares during the period. Swedbank AB raised its holdings in HubSpot by 1.7% in the third quarter. Swedbank AB now owns 26,361 shares of the software maker’s stock worth $14,014,000 after purchasing an additional 441 shares during the period. Harbour Capital Advisors LLC raised its holdings in HubSpot by 1.1% in the third quarter. Harbour Capital Advisors LLC now owns 8,397 shares of the software maker’s stock worth $4,543,000 after purchasing an additional 88 shares during the period. V Square Quantitative Management LLC raised its holdings in HubSpot by 3.0% in the third quarter. V Square Quantitative Management LLC now owns 929 shares of the software maker’s stock worth $494,000 after purchasing an additional 27 shares during the period. Finally, Stonegate Investment Group LLC raised its holdings in HubSpot by 2.4% in the third quarter. Stonegate Investment Group LLC now owns 4,685 shares of the software maker’s stock worth $2,491,000 after purchasing an additional 110 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

HubSpot Price Performance

Shares of HUBS opened at $812.44 on Friday. The firm has a 50-day moving average of $734.12 and a 200-day moving average of $619.11. HubSpot, Inc. has a one year low of $434.84 and a one year high of $881.13. The company has a market cap of $41.94 billion, a PE ratio of -3,008.92, a price-to-earnings-growth ratio of 43.94 and a beta of 1.72.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data 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 negative net margin of 0.56% and a negative return on equity of 1.16%. Analysts expect that HubSpot, Inc. will post 0.42 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HUBS. Royal Bank of Canada increased their target price on shares of HubSpot from $825.00 to $950.00 and gave the stock an “outperform” rating in a report on Thursday. William Blair reissued an “outperform” rating on shares of HubSpot in a research report on Thursday. UBS Group increased their price objective on shares of HubSpot from $740.00 to $775.00 and gave the stock a “neutral” rating in a research report on Thursday. Evercore ISI increased their price objective on shares of HubSpot from $610.00 to $700.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. Finally, Raymond James increased their price objective on shares of HubSpot from $750.00 to $980.00 and gave the stock an “outperform” rating in a research report on Thursday. Five analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $857.75.

Insider Activity

In other news, CEO Yamini Rangan sold 115 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $713.79, for a total transaction of $82,085.85. Following the completion of the sale, the chief executive officer now owns 61,179 shares in the company, valued at approximately $43,668,958.41. This trade represents a 0.19 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Kathryn Bueker sold 1,796 shares of the firm’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $701.59, for a total transaction of $1,260,055.64. Following the sale, the chief financial officer now owns 38,560 shares of the company’s stock, valued at approximately $27,053,310.40. This represents a 4.45 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 73,112 shares of company stock valued at $51,432,627 in the last quarter. Company insiders own 4.50% of the company’s stock.

HubSpot 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.