HubSpot, Inc. (NYSE:HUBS) Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG lessened its position in HubSpot, Inc. (NYSE:HUBS) by 19.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,595 shares of the software maker’s stock after selling 615 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in HubSpot were worth $1,808,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Townsquare Capital LLC raised its position in HubSpot by 93.1% in the third quarter. Townsquare Capital LLC now owns 668 shares of the software maker’s stock worth $355,000 after acquiring an additional 322 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of HubSpot by 132.6% in the 3rd quarter. Captrust Financial Advisors now owns 1,363 shares of the software maker’s stock valued at $725,000 after purchasing an additional 777 shares in the last quarter. Erste Asset Management GmbH acquired a new stake in shares of HubSpot in the third quarter valued at about $1,758,000. Hilltop Holdings Inc. acquired a new position in HubSpot during the third quarter worth about $210,000. Finally, HighTower Advisors LLC increased its holdings in HubSpot by 1.4% in the third quarter. HighTower Advisors LLC now owns 4,535 shares of the software maker’s stock valued at $2,420,000 after buying an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insider Buying and Selling

In related news, CFO Kathryn Bueker sold 1,796 shares of the firm’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $701.59, for a total transaction of $1,260,055.64. Following the completion of the sale, the chief financial officer now directly owns 38,560 shares of the company’s stock, valued at approximately $27,053,310.40. This trade represents a 4.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $810.00, for a total transaction of $6,885,000.00. Following the completion of the transaction, the insider now owns 524,751 shares in the company, valued at $425,048,310. This represents a 1.59 % 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 valued at $15,453,396. Company insiders own 4.50% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on HUBS. Sanford C. Bernstein began coverage on HubSpot in a research note on Thursday, March 20th. They set a “market perform” rating and a $693.00 price target on the stock. Citigroup raised their price target on HubSpot from $750.00 to $900.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Macquarie assumed coverage on shares of HubSpot in a research report on Monday, March 24th. They issued an “outperform” rating and a $730.00 price objective on the stock. Wells Fargo & Company raised their target price on shares of HubSpot from $835.00 to $940.00 and gave the company an “overweight” rating in a report on Thursday, February 13th. Finally, The Goldman Sachs Group upped their price target on shares of HubSpot from $783.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Five equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $848.58.

HubSpot Price Performance

Shares of NYSE:HUBS opened at $593.97 on Thursday. The firm has a market capitalization of $30.98 billion, a PE ratio of 6,600.40, a P/E/G ratio of 41.44 and a beta of 1.82. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $881.13. The business has a 50-day moving average of $697.10 and a two-hundred day moving average of $660.86.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 EPS for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a net margin of 0.17% and a negative return on equity of 0.07%. As a group, research analysts anticipate that HubSpot, Inc. will post 1.01 earnings per share for the current year.

About HubSpot

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.