J.W. Cole Advisors Inc. Purchases 65 Shares of HubSpot, Inc. (NYSE:HUBS)

J.W. Cole Advisors Inc. increased its position in HubSpot, Inc. (NYSE:HUBS) by 10.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 704 shares of the software maker’s stock after purchasing an additional 65 shares during the period. J.W. Cole Advisors Inc.’s holdings in HubSpot were worth $491,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB lifted its holdings 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 worth $31,000 after purchasing an additional 19 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of HubSpot in the 3rd quarter worth $25,000. HM Payson & Co. lifted its holdings in shares of HubSpot by 36.0% in the 3rd quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock worth $36,000 after purchasing an additional 18 shares in the last quarter. Friedenthal Financial bought a new position in shares of HubSpot in the 4th quarter worth $50,000. Finally, Crewe Advisors LLC lifted its holdings in shares of HubSpot by 37.3% in 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

HUBS has been the topic of several recent analyst reports. UBS Group raised their price objective on HubSpot from $740.00 to $775.00 and gave the company a “neutral” rating in a research note on Thursday, February 13th. Needham & Company LLC raised their price objective on HubSpot from $730.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. raised their price objective on HubSpot from $635.00 to $725.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Truist Financial restated a “buy” rating and set a $900.00 price objective (up from $750.00) on shares of HubSpot in a research note on Thursday, February 13th. Finally, Scotiabank raised their price objective on HubSpot from $825.00 to $900.00 and gave the company a “sector outperform” rating in a research note on Thursday, February 13th. Five research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $863.96.

HubSpot Stock Down 4.0 %

Shares of NYSE HUBS opened at $771.11 on Thursday. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $881.13. The business has a 50-day simple moving average of $738.68 and a two-hundred day simple moving average of $627.81. The company has a market cap of $40.22 billion, a P/E ratio of 8,568.89, a P/E/G ratio of 48.94 and a beta of 1.72.

HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, February 12th. The software maker reported $0.20 EPS 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%. Equities research analysts anticipate that HubSpot, Inc. will post 0.93 EPS for the current year.

Insiders Place Their Bets

In other news, Director Lorrie M. Norrington sold 572 shares of HubSpot stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $690.00, for a total transaction of $394,680.00. Following the completion of the sale, the director now owns 1,697 shares in the company, valued at approximately $1,170,930. This trade represents a 25.21 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kathryn Bueker sold 1,796 shares of HubSpot stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $701.59, for a total value of $1,260,055.64. Following the sale, the chief financial officer now owns 38,560 shares of the company’s stock, valued at approximately $27,053,310.40. This trade represents a 4.45 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 39,612 shares of company stock worth $28,993,612 in the last quarter. 4.50% of the stock is owned by company 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.