Stanley Laman Group Ltd. Has $872,000 Stock Position in HubSpot, Inc. (NYSE:HUBS)

Stanley Laman Group Ltd. reduced its position in HubSpot, Inc. (NYSE:HUBS) by 5.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,252 shares of the software maker’s stock after selling 66 shares during the period. Stanley Laman Group Ltd.’s holdings in HubSpot were worth $872,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of HUBS. Wilmington Savings Fund Society FSB acquired a new stake in HubSpot during the third quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB lifted its position in HubSpot by 73.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock worth $31,000 after acquiring an additional 19 shares during the last quarter. HM Payson & Co. lifted its position 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 acquiring an additional 18 shares during the last quarter. Friedenthal Financial acquired a new stake in HubSpot during the fourth quarter worth approximately $50,000. Finally, Crewe Advisors LLC lifted its position in HubSpot by 37.3% during the third quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock worth $55,000 after acquiring an additional 28 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Scotiabank lifted their price target on shares of HubSpot from $825.00 to $900.00 and gave the company a “sector outperform” rating in a research report on Thursday. Barclays lifted their price target on shares of HubSpot from $725.00 to $815.00 and gave the company an “equal weight” rating in a research report on Thursday. Wells Fargo & Company lifted their price target on shares of HubSpot from $835.00 to $940.00 and gave the company an “overweight” rating in a research report on Thursday. Raymond James lifted their price target on shares of HubSpot from $750.00 to $980.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, UBS Group lifted their price target on shares of HubSpot from $740.00 to $775.00 and gave the company a “neutral” rating in a research report on Thursday. Five investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. Based on data from MarketBeat, HubSpot has a consensus rating of “Moderate Buy” and a consensus target price of $857.75.

HubSpot Stock Up 4.3 %

Shares of HubSpot stock opened at $819.36 on Friday. HubSpot, Inc. has a twelve month low of $434.84 and a twelve month high of $881.13. The stock has a market cap of $42.30 billion, a price-to-earnings ratio of -3,034.57, a P/E/G ratio of 43.94 and a beta of 1.72. The company’s fifty day moving average is $732.48 and its 200 day moving average is $617.71.

HubSpot (NYSE:HUBS) last issued 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 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Lorrie M. Norrington sold 572 shares of the business’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $690.00, for a total value of $394,680.00. Following the transaction, the director now owns 1,697 shares in the company, valued at $1,170,930. The trade was a 25.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Yamini Rangan sold 115 shares of the business’s stock in a transaction on Tuesday, December 3rd. The shares were 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 in the company, valued at approximately $43,668,958.41. The trade was a 0.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 73,112 shares of company stock valued at $51,432,627 over the last 90 days. 4.50% of the stock is owned by insiders.

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.