HubSpot, Inc. (NYSE:HUBS) Holdings Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in HubSpot, Inc. (NYSE:HUBS) by 5.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 205,603 shares of the software maker’s stock after acquiring an additional 11,065 shares during the period. Charles Schwab Investment Management Inc. owned about 0.40% of HubSpot worth $143,258,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB raised its holdings in shares of HubSpot by 73.1% during the fourth 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 last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of HubSpot during the third quarter valued at approximately $25,000. Bank of Jackson Hole Trust bought a new stake in shares of HubSpot during the fourth quarter valued at approximately $35,000. Friedenthal Financial bought a new stake in shares of 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 third quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock valued at $55,000 after buying an additional 28 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

HubSpot Stock Performance

NYSE HUBS opened at $640.87 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 $33.42 billion, a price-to-earnings ratio of 7,121.52, a PEG ratio of 41.44 and a beta of 1.72. The firm’s 50 day moving average price is $735.56 and its two-hundred day moving average price is $646.83.

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 0.07% and a net margin of 0.17%. On average, research analysts forecast that HubSpot, Inc. will post 1.01 EPS for the current fiscal year.

Insider Buying and Selling at HubSpot

In other HubSpot news, CTO Dharmesh Shah sold 25,000 shares of HubSpot stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $739.89, for a total transaction of $18,497,250.00. Following the completion of the sale, the chief technology officer now owns 1,272,077 shares of the company’s stock, valued at $941,197,051.53. This trade represents a 1.93 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Yamini Rangan sold 3,057 shares of HubSpot stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $701.59, for a total transaction of $2,144,760.63. Following the sale, the chief executive officer now directly owns 54,079 shares of the company’s stock, valued at $37,941,285.61. This trade represents a 5.35 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 47,997 shares of company stock valued at $35,796,526 in the last quarter. Company insiders own 4.50% of the company’s stock.

Analyst Ratings Changes

HUBS has been the topic of a number of recent analyst reports. Raymond James lifted their price target on HubSpot from $750.00 to $980.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. Wells Fargo & Company lifted their price target on HubSpot from $835.00 to $940.00 and gave the company an “overweight” rating in a report on Thursday, February 13th. Oppenheimer boosted their target price on HubSpot from $850.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Bank of America boosted their target price on HubSpot from $780.00 to $850.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, TD Cowen cut HubSpot from a “buy” rating to a “hold” rating and boosted their target price for the stock from $680.00 to $725.00 in a report on Friday, January 17th. Five investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, HubSpot presently has an average rating of “Moderate Buy” and an average target price of $863.96.

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.