Los Angeles Capital Management LLC Buys 3,671 Shares of HubSpot, Inc. (NYSE:HUBS)

Los Angeles Capital Management LLC boosted its position in shares of HubSpot, Inc. (NYSE:HUBS) by 19.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,546 shares of the software maker’s stock after acquiring an additional 3,671 shares during the period. Los Angeles Capital Management LLC’s holdings in HubSpot were worth $13,089,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new position in shares of HubSpot in the fourth quarter worth about $29,000. Venturi Wealth Management LLC lifted its holdings in HubSpot by 335.7% in the 4th quarter. Venturi Wealth Management LLC now owns 61 shares of the software maker’s stock worth $35,000 after purchasing an additional 47 shares in the last quarter. Larson Financial Group LLC boosted its stake in HubSpot by 1,380.0% in the 4th quarter. Larson Financial Group LLC now owns 74 shares of the software maker’s stock worth $43,000 after purchasing an additional 69 shares during the period. Hazlett Burt & Watson Inc. grew its holdings in HubSpot by 29.2% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 93 shares of the software maker’s stock valued at $55,000 after buying an additional 21 shares in the last quarter. Finally, Alta Advisers Ltd bought a new stake in shares of HubSpot during the third quarter valued at approximately $49,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on HUBS shares. Evercore ISI upped their target price on shares of HubSpot from $625.00 to $650.00 and gave the stock an “in-line” rating in a research report on Thursday, February 15th. The Goldman Sachs Group increased their price objective on shares of HubSpot from $577.00 to $656.00 and gave the company a “buy” rating in a report on Thursday, February 15th. William Blair reiterated an “outperform” rating on shares of HubSpot in a research report on Thursday, February 15th. BMO Capital Markets raised their price target on HubSpot from $540.00 to $710.00 and gave the company an “outperform” rating in a report on Monday, February 12th. Finally, Wells Fargo & Company increased their target price on HubSpot from $700.00 to $725.00 and gave the company an “overweight” rating in a research report on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $642.36.

HubSpot Trading Up 1.6 %

Shares of HUBS opened at $600.27 on Friday. The firm has a market capitalization of $30.56 billion, a price-to-earnings ratio of -169.09 and a beta of 1.57. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.96 and a quick ratio of 1.96. HubSpot, Inc. has a 1-year low of $407.23 and a 1-year high of $693.85. The company has a 50-day moving average of $628.44 and a 200 day moving average of $563.76.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, February 14th. The software maker reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.30) by $0.22. The firm had revenue of $581.91 million during the quarter, compared to the consensus estimate of $557.48 million. HubSpot had a negative net margin of 8.12% and a negative return on equity of 6.38%. On average, research analysts expect that HubSpot, Inc. will post -0.98 EPS for the current year.

Insiders Place Their Bets

In other HubSpot news, insider Dawson Alyssa Harvey sold 1,086 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $618.25, for a total transaction of $671,419.50. Following the transaction, the insider now owns 7,783 shares of the company’s stock, valued at approximately $4,811,839.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Yamini Rangan sold 116 shares of HubSpot stock in a transaction on Monday, March 4th. The stock was sold at an average price of $634.21, for a total value of $73,568.36. Following the transaction, the chief executive officer now directly owns 88,861 shares in the company, valued at approximately $56,356,534.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Dawson Alyssa Harvey sold 1,086 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $618.25, for a total value of $671,419.50. Following the sale, the insider now owns 7,783 shares of the company’s stock, valued at $4,811,839.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,393 shares of company stock worth $13,421,401. 4.90% of the stock is currently owned by company insiders.

HubSpot 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.