Fiera Capital Corp Sells 3,279 Shares of HubSpot, Inc. (NYSE:HUBS)

Fiera Capital Corp cut its position in HubSpot, Inc. (NYSE:HUBS) by 2.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 112,337 shares of the software maker’s stock after selling 3,279 shares during the quarter. Fiera Capital Corp owned 0.22% of HubSpot worth $78,273,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HUBS. Wilmington Savings Fund Society FSB bought a new position in HubSpot in the 3rd quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB lifted its stake in shares of 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 purchasing an additional 19 shares during the period. HM Payson & Co. boosted its holdings in shares of HubSpot by 36.0% during the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock worth $36,000 after buying an additional 18 shares in the last quarter. Friedenthal Financial bought a new position in HubSpot during the fourth quarter worth $50,000. Finally, Crewe Advisors LLC boosted its position 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 purchasing an additional 28 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Oppenheimer increased their target price on HubSpot from $625.00 to $740.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. UBS Group downgraded HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 17th. Evercore ISI increased their price target on shares of HubSpot from $610.00 to $700.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. increased their price objective on HubSpot from $635.00 to $725.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Truist Financial reiterated a “buy” rating and set a $750.00 target price (up previously from $600.00) on shares of HubSpot in a research report on Friday, November 8th. Six equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. According to MarketBeat.com, HubSpot presently has an average rating of “Moderate Buy” and an average target price of $747.92.

HubSpot Trading Up 0.0 %

Shares of HubSpot stock opened at $784.84 on Thursday. The firm has a market capitalization of $40.51 billion, a PE ratio of -2,906.71, a price-to-earnings-growth ratio of 43.94 and a beta of 1.72. HubSpot, Inc. has a 12 month low of $434.84 and a 12 month high of $811.79. The business’s 50-day moving average price is $731.91 and its 200-day moving average price is $616.53.

HubSpot (NYSE:HUBS) last announced 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 net margin of 0.56% and a negative return on equity of 1.16%. As a group, analysts predict that HubSpot, Inc. will post 0.42 earnings per share for the current fiscal year.

Insider Buying and Selling at HubSpot

In other news, CEO Yamini Rangan sold 115 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $713.79, for a total value of $82,085.85. Following the completion of the transaction, the chief executive officer now owns 61,179 shares in the company, valued at $43,668,958.41. This trade represents a 0.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $661.59, for a total transaction of $5,623,515.00. Following the sale, the insider now owns 513,698 shares in the company, valued at approximately $339,857,459.82. This trade represents a 1.63 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 73,112 shares of company stock valued at $51,432,627 in the last quarter. Company insiders own 4.50% of the company’s stock.

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.