Specifically, Director Ronald S. Gill sold 5,000 shares of the firm's stock in a transaction that occurred on Thursday, January 21st. The shares were sold at an average price of $47.83, for a total value of $239,150.00. Following the completion of the transaction, the director now directly owns 8,831 shares in the company, valued at $422,386.73. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Hunter Madeley sold 800 shares of the firm's stock in a transaction that occurred on Tuesday, January 5th. The shares were sold at an average price of $54.77, for a total transaction of $43,816.00. Following the completion of the transaction, the senior vice president now owns 115,061 shares of the company's stock, valued at $6,301,890.97. The disclosure for this sale can be found here.
A number of research firms have recently commented on HUBS. Rosenblatt Securities restated a "buy" rating on shares of HubSpot in a research report on Thursday, December 31st. Vetr upgraded shares of HubSpot from a "hold" rating to a "strong-buy" rating and set a $66.50 price objective for the company in a research report on Monday, November 9th. Zacks Investment Research upgraded shares of HubSpot from a "hold" rating to a "buy" rating and set a $59.00 price objective for the company in a research report on Tuesday, November 10th. Finally, Dougherty & Co began coverage on shares of HubSpot in a research report on Friday, November 6th. They set a "strong-buy" rating and a $76.00 target price for the company. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The stock currently has a consensus rating of "Buy" and a consensus target price of $61.46.
The company has a 50-day moving average of $49.34 and a 200-day moving average of $50.28. The firm's market cap is $1.09 billion.
A number of hedge funds and institutional investors recently made changes to their positions in the stock. State Board of Administration of Florida Retirement System bought a new position in shares of HubSpot during the fourth quarter valued at $439,000. Rhumbline Advisers boosted its position in shares of HubSpot by 10.4% in the fourth quarter. Rhumbline Advisers now owns 18,394 shares of the company's stock valued at $1,036,000 after buying an additional 1,730 shares in the last quarter. New York State Common Retirement Fund boosted its position in shares of HubSpot by 6.3% in the fourth quarter. New York State Common Retirement Fund now owns 18,700 shares of the company's stock valued at $1,053,000 after buying an additional 1,100 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of HubSpot by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 34,883 shares of the company's stock val ued at $1,964,000 after buying an additional 623 shares in the last quarter. Finally, Timpani Capital Management LLC bought a new position in shares of HubSpot during the fourth quarter valued at $4,293,000.
HubSpot, Inc (NASDAQ:HUBS) provides a cloud-based marketing and sales software platform. The Company's software platform features integrated applications, which include social media, search engine optimization, blogging, Website content management, marketing automation, email, CRM, analytics and reporting.
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