HubSpot (NYSE:HUBS) Price Target Raised to $925.00

HubSpot (NYSE:HUBS) had its target price boosted by Stifel Nicolaus from $880.00 to $925.00 in a research note issued to investors on Thursday morning,Benzinga reports. Stifel Nicolaus currently has a buy rating on the software maker’s stock.

A number of other equities analysts have also recently commented on the stock. Barclays lifted their target price on shares of HubSpot from $725.00 to $815.00 and gave the company an “equal weight” rating in a report on Thursday. TD Cowen lowered shares of HubSpot from a “buy” rating to a “hold” rating and lifted their price objective for the company from $680.00 to $725.00 in a research note on Friday, January 17th. Oppenheimer increased their target price on shares of HubSpot from $850.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday. BMO Capital Markets boosted their price target on HubSpot from $570.00 to $690.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. upped their price objective on HubSpot from $635.00 to $725.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Five research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $863.96.

HubSpot Price Performance

Shares of HUBS opened at $812.44 on Thursday. HubSpot has a 1-year low of $434.84 and a 1-year high of $881.13. The stock 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. The firm has a fifty day moving average price of $735.53 and a 200 day moving average price of $621.29.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. As a group, equities analysts expect that HubSpot will post 0.42 EPS for the current fiscal year.

Insider Activity at HubSpot

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $661.59, for a total transaction of $5,623,515.00. Following the completion of the transaction, the insider now directly owns 513,698 shares in the company, valued at approximately $339,857,459.82. This trade represents a 1.63 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Yamini Rangan sold 115 shares of the company’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 directly owns 61,179 shares in the company, valued at $43,668,958.41. This trade represents a 0.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 73,112 shares of company stock valued at $51,432,627 in the last ninety days. Corporate insiders own 4.50% of the company’s stock.

Institutional Investors Weigh In On HubSpot

A number of large investors have recently bought and sold shares of HUBS. Wilmington Savings Fund Society FSB acquired a new position in shares of HubSpot in the third quarter worth $25,000. Larson Financial Group LLC raised its stake in HubSpot by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 43 shares of the software maker’s stock valued at $30,000 after purchasing an additional 27 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in HubSpot by 73.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock valued at $31,000 after purchasing an additional 19 shares in the last quarter. Coppell Advisory Solutions LLC boosted its stake in shares of HubSpot by 91.7% during the 4th quarter. Coppell Advisory Solutions LLC now owns 46 shares of the software maker’s stock worth $32,000 after purchasing an additional 22 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd grew its holdings in shares of HubSpot by 213.3% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 47 shares of the software maker’s stock worth $33,000 after buying an additional 32 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

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.