Everhart Financial Group Inc. Takes Position in HubSpot, Inc. (NYSE:HUBS)

Everhart Financial Group Inc. bought a new position in shares of HubSpot, Inc. (NYSE:HUBS) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 312 shares of the software maker’s stock, valued at approximately $217,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in HubSpot during the third quarter worth about $25,000. MassMutual Private Wealth & Trust FSB increased its holdings in HubSpot by 73.1% in the 4th 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. 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 valued at $36,000 after buying an additional 18 shares in the last quarter. Friedenthal Financial acquired a new position in HubSpot during the fourth quarter valued at approximately $50,000. Finally, Crewe Advisors LLC raised its holdings in shares of HubSpot by 37.3% during the 3rd quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock worth $55,000 after buying an additional 28 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

HUBS has been the subject of a number of research analyst reports. Oppenheimer upped their price objective on shares of HubSpot from $850.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. BMO Capital Markets upped their price objective on HubSpot from $690.00 to $885.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. Bank of America raised their price target on shares of HubSpot from $780.00 to $850.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Citigroup lifted their price objective on HubSpot from $750.00 to $900.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Finally, Jefferies Financial Group lifted their target price on shares of HubSpot from $860.00 to $900.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Five equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $863.96.

Insider Buying and Selling

In other HubSpot news, CFO Kathryn Bueker sold 1,796 shares of the company’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $701.59, for a total transaction of $1,260,055.64. Following the sale, the chief financial officer now directly owns 38,560 shares of the company’s stock, valued at $27,053,310.40. This represents a 4.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Yamini Rangan sold 115 shares of HubSpot stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $713.79, for a total transaction of $82,085.85. Following the completion of the transaction, the chief executive officer now owns 61,179 shares of the company’s stock, valued at $43,668,958.41. The trade was a 0.19 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 39,612 shares of company stock valued at $28,993,612. 4.50% of the stock is owned by company insiders.

HubSpot Price Performance

HUBS opened at $812.44 on Tuesday. The firm’s fifty day moving average price is $735.53 and its two-hundred day moving average price is $623.10. HubSpot, Inc. has a 1 year low of $434.84 and a 1 year high of $881.13. The company has a market capitalization of $41.94 billion, a price-to-earnings ratio of -3,008.92, a P/E/G ratio of 43.94 and a beta of 1.72.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, February 12th. The software maker reported $0.20 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($1.98). HubSpot had a negative return on equity of 1.16% and a negative net margin of 0.56%. As a group, equities analysts anticipate that HubSpot, Inc. will post 0.42 EPS for the current year.

About HubSpot

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.