Susquehanna Fundamental Investments LLC Takes Position in HubSpot, Inc. (NYSE:HUBS)

Susquehanna Fundamental Investments LLC bought a new position in shares of HubSpot, Inc. (NYSE:HUBS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,700 shares of the software maker’s stock, valued at approximately $1,185,000.

Several other institutional investors also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB purchased a new position in shares of HubSpot during the third quarter valued at about $25,000. Oddo BHF Asset Management Sas purchased a new position in HubSpot during the 3rd quarter valued at approximately $740,000. GAMMA Investing LLC increased its stake in HubSpot by 16.9% in the 4th quarter. GAMMA Investing LLC now owns 221 shares of the software maker’s stock worth $154,000 after acquiring an additional 32 shares during the last quarter. Everence Capital Management Inc. purchased a new stake in shares of HubSpot during the 4th quarter worth approximately $1,010,000. Finally, Nordea Investment Management AB boosted its position in shares of HubSpot by 7.7% during the 4th quarter. Nordea Investment Management AB now owns 4,268 shares of the software maker’s stock valued at $2,987,000 after acquiring an additional 306 shares during the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at HubSpot

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $607.48, for a total value of $5,163,580.00. Following the completion of the sale, the insider now owns 527,233 shares of the company’s stock, valued at approximately $320,283,502.84. This trade represents a 1.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Yamini Rangan sold 2,382 shares of the business’s stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $573.92, for a total value of $1,367,077.44. Following the sale, the chief executive officer now owns 72,373 shares in the company, valued at $41,536,312.16. The trade was a 3.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 28,562 shares of company stock valued at $18,401,757 in the last quarter. 4.50% of the stock is currently owned by corporate insiders.

HubSpot Price Performance

HUBS opened at $624.74 on Friday. The firm has a market capitalization of $32.58 billion, a PE ratio of 6,942.33, a price-to-earnings-growth ratio of 41.44 and a beta of 1.82. The business’s 50-day moving average is $594.03 and its two-hundred day moving average is $662.35. HubSpot, Inc. has a 1 year low of $434.84 and a 1 year high of $881.13.

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

Wall Street Analyst Weigh In

HUBS has been the topic of a number of recent research reports. BNP Paribas assumed coverage on shares of HubSpot in a research note on Tuesday, April 22nd. They set an “outperform” rating and a $700.00 price target on the stock. Redburn Atlantic started coverage on shares of HubSpot in a research report on Wednesday, February 19th. They set a “buy” rating on the stock. StockNews.com lowered HubSpot from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Stifel Nicolaus set a $750.00 price objective on HubSpot in a research note on Friday, April 25th. Finally, Royal Bank of Canada lifted their target price on HubSpot from $825.00 to $950.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Five analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, HubSpot presently has a consensus rating of “Moderate Buy” and an average target price of $782.63.

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.