Hantz Financial Services Inc. Has $65,000 Position in HubSpot, Inc. (NYSE:HUBS)

Hantz Financial Services Inc. cut its position in shares of HubSpot, Inc. (NYSE:HUBS) by 92.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 123 shares of the software maker’s stock after selling 1,421 shares during the period. Hantz Financial Services Inc.’s holdings in HubSpot were worth $65,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Cetera Investment Advisers lifted its holdings in HubSpot by 106.2% during the 1st quarter. Cetera Investment Advisers now owns 3,994 shares of the software maker’s stock valued at $2,502,000 after purchasing an additional 2,057 shares during the last quarter. Cetera Advisors LLC boosted its holdings in shares of HubSpot by 171.7% during the 1st quarter. Cetera Advisors LLC now owns 989 shares of the software maker’s stock worth $620,000 after buying an additional 625 shares during the period. Mather Group LLC. raised its holdings in HubSpot by 19.1% in the 2nd quarter. Mather Group LLC. now owns 256 shares of the software maker’s stock valued at $161,000 after acquiring an additional 41 shares during the period. Fulton Bank N.A. lifted its position in HubSpot by 17.2% during the second quarter. Fulton Bank N.A. now owns 990 shares of the software maker’s stock worth $584,000 after acquiring an additional 145 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its holdings in shares of HubSpot by 10.0% during the second quarter. Harbor Capital Advisors Inc. now owns 2,479 shares of the software maker’s stock worth $1,462,000 after acquiring an additional 225 shares during the period. 90.39% of the stock is owned by institutional investors.

Insider Buying and Selling at HubSpot

In other news, CEO Yamini Rangan sold 116 shares of the stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $491.19, for a total value of $56,978.04. Following the completion of the sale, the chief executive officer now owns 67,203 shares of the company’s stock, valued at approximately $33,009,441.57. This represents a 0.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Kathryn Bueker sold 1,136 shares of the firm’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $525.84, for a total transaction of $597,354.24. Following the transaction, the chief financial officer now owns 41,259 shares of the company’s stock, valued at approximately $21,695,632.56. The trade was a 2.68 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 44,391 shares of company stock worth $29,101,488. 4.50% of the stock is currently owned by company insiders.

HubSpot Stock Up 0.3 %

NYSE HUBS opened at $723.53 on Tuesday. The company has a market cap of $37.35 billion, a price-to-earnings ratio of -2,679.64, a price-to-earnings-growth ratio of 87.65 and a beta of 1.63. HubSpot, Inc. has a twelve month low of $434.84 and a twelve month high of $754.56. The business’s fifty day moving average is $601.05 and its 200 day moving average is $556.54.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, November 6th. The software maker reported $2.18 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.27. HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. The firm had revenue of $669.72 million for the quarter, compared to analyst estimates of $646.97 million. During the same period last year, the firm posted ($0.04) earnings per share. The business’s revenue for the quarter was up 20.1% on a year-over-year basis. On average, research analysts anticipate that HubSpot, Inc. will post 0.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on HUBS shares. Bank of America lowered their target price on HubSpot from $650.00 to $580.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Raymond James dropped their target price on HubSpot from $725.00 to $675.00 and set an “outperform” rating for the company in a report on Thursday, August 8th. BMO Capital Markets upped their price target on shares of HubSpot from $570.00 to $690.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Barclays lifted their price objective on shares of HubSpot from $500.00 to $650.00 and gave the stock an “equal weight” rating in a research note on Friday, November 8th. Finally, Wells Fargo & Company boosted their price objective on shares of HubSpot from $625.00 to $750.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. Based on data from MarketBeat.com, HubSpot currently has an average rating of “Moderate Buy” and a consensus target price of $672.68.

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.