Moody Lynn & Lieberson LLC Acquires 265 Shares of HubSpot, Inc. (NYSE:HUBS)

Moody Lynn & Lieberson LLC raised its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 58.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 717 shares of the software maker’s stock after purchasing an additional 265 shares during the period. Moody Lynn & Lieberson LLC’s holdings in HubSpot were worth $500,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HUBS. MassMutual Private Wealth & Trust FSB increased its holdings in HubSpot by 73.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock valued at $31,000 after buying an additional 19 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of HubSpot in the 3rd quarter valued at $25,000. HM Payson & Co. raised its position in shares of HubSpot by 36.0% in the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock worth $36,000 after acquiring an additional 18 shares in the last quarter. Friedenthal Financial purchased a new stake in shares of HubSpot during the 4th quarter worth $50,000. Finally, Crewe Advisors LLC boosted its position in HubSpot by 37.3% during the third quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock valued at $55,000 after purchasing an additional 28 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

HubSpot Trading Down 1.2 %

HubSpot stock opened at $728.24 on Friday. The firm has a market cap of $37.59 billion, a PE ratio of -2,697.07, a P/E/G ratio of 40.57 and a beta of 1.70. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $762.47. The stock’s 50 day simple moving average is $716.86 and its two-hundred day simple moving average is $590.78.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, November 6th. The software maker reported $2.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.27. The firm had revenue of $669.72 million for the quarter, compared to the consensus estimate of $646.97 million. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.04) earnings per share. On average, equities research analysts forecast that HubSpot, Inc. will post 0.42 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on HUBS. Needham & Company LLC reiterated a “buy” rating and issued a $730.00 target price on shares of HubSpot in a report on Thursday, November 7th. Barclays increased their target price on shares of HubSpot from $500.00 to $650.00 and gave the company an “equal weight” rating in a research report on Friday, November 8th. TD Cowen lowered shares of HubSpot from a “buy” rating to a “hold” rating and lifted their price target for the stock from $680.00 to $725.00 in a report on Friday, January 17th. Evercore ISI increased their price objective on HubSpot from $610.00 to $700.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. Finally, Bank of America raised their price objective on HubSpot from $780.00 to $850.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Six equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $721.26.

Insiders Place Their Bets

In related news, CFO Kathryn Bueker sold 1,796 shares of the firm’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $701.59, for a total value of $1,260,055.64. Following the transaction, 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Dawson Alyssa Harvey sold 573 shares of HubSpot stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $700.00, for a total value of $401,100.00. Following the completion of the sale, the insider now owns 7,603 shares in the company, valued at approximately $5,322,100. The trade was a 7.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 78,066 shares of company stock worth $54,900,427. 4.50% of the stock is owned by corporate insiders.

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.