Mather Group LLC. Purchases 69 Shares of HubSpot, Inc. (NYSE:HUBS)

Mather Group LLC. grew its position in shares of HubSpot, Inc. (NYSE:HUBS) by 36.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 257 shares of the software maker’s stock after acquiring an additional 69 shares during the quarter. Mather Group LLC.’s holdings in HubSpot were worth $179,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. HM Payson & Co. boosted its holdings in HubSpot by 36.0% during the third quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock worth $36,000 after purchasing an additional 18 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in HubSpot by 73.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock worth $31,000 after buying an additional 19 shares in the last quarter. Pallas Capital Advisors LLC boosted its stake in shares of HubSpot by 1.9% during the 4th quarter. Pallas Capital Advisors LLC now owns 1,146 shares of the software maker’s stock worth $798,000 after buying an additional 21 shares during the last quarter. Ballentine Partners LLC grew its holdings in shares of HubSpot by 4.6% in the 4th quarter. Ballentine Partners LLC now owns 564 shares of the software maker’s stock valued at $393,000 after acquiring an additional 25 shares in the last quarter. Finally, Motley Fool Asset Management LLC grew its holdings in shares of HubSpot by 2.6% in the 3rd quarter. Motley Fool Asset Management LLC now owns 1,028 shares of the software maker’s stock valued at $541,000 after acquiring an additional 26 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

Insider Activity at HubSpot

In related news, insider Dawson Alyssa Harvey sold 573 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $700.00, for a total transaction of $401,100.00. Following the sale, the insider now owns 7,603 shares in the company, valued at approximately $5,322,100. This trade represents a 7.01 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $661.59, for a total value of $5,623,515.00. Following the transaction, the insider now directly owns 513,698 shares of the company’s stock, valued at $339,857,459.82. This trade represents a 1.63 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 78,066 shares of company stock worth $54,900,427. Company insiders own 4.50% of the company’s stock.

HubSpot Stock Performance

HUBS stock opened at $777.56 on Friday. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $811.79. The company has a market capitalization of $40.14 billion, a PE ratio of -2,879.75, a price-to-earnings-growth ratio of 44.02 and a beta of 1.72. The company’s 50-day simple moving average is $726.93 and its 200 day simple moving average is $607.31.

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on HUBS shares. Royal Bank of Canada upped their target price on HubSpot from $750.00 to $825.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Evercore ISI upped their price objective on HubSpot from $610.00 to $700.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. raised their target price on shares of HubSpot from $560.00 to $635.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. TD Cowen lowered shares of HubSpot from a “buy” rating to a “hold” rating and upped their price target for the stock from $680.00 to $725.00 in a research report on Friday, January 17th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $730.00 price objective on shares of HubSpot in a research report on Thursday, November 7th. Six equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $732.88.

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.