Union Bancaire Privee UBP SA Makes New Investment in HubSpot, Inc. (NYSE:HUBS)

Union Bancaire Privee UBP SA purchased a new stake in shares of HubSpot, Inc. (NYSE:HUBS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,091 shares of the software maker’s stock, valued at approximately $4,838,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its holdings in shares of HubSpot by 52.2% in the third quarter. Wellington Management Group LLP now owns 1,402,200 shares of the software maker’s stock valued at $745,410,000 after purchasing an additional 480,796 shares in the last quarter. International Assets Investment Management LLC lifted its stake in HubSpot by 214,342.4% in the 3rd quarter. International Assets Investment Management LLC now owns 126,521 shares of the software maker’s stock worth $672,590,000 after acquiring an additional 126,462 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in HubSpot by 17.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 571,274 shares of the software maker’s stock worth $303,689,000 after acquiring an additional 86,688 shares in the last quarter. TimesSquare Capital Management LLC boosted its position in HubSpot by 49.5% during the 3rd quarter. TimesSquare Capital Management LLC now owns 207,842 shares of the software maker’s stock worth $110,489,000 after acquiring an additional 68,827 shares during the period. Finally, Two Sigma Advisers LP increased its holdings in shares of HubSpot by 191.6% in the 3rd quarter. Two Sigma Advisers LP now owns 72,900 shares of the software maker’s stock valued at $38,754,000 after purchasing an additional 47,900 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. UBS Group downgraded shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 17th. Wells Fargo & Company raised their price target on HubSpot from $750.00 to $810.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 7th. Scotiabank boosted their price target on HubSpot from $700.00 to $825.00 and gave the company a “sector outperform” rating in a research note on Wednesday, January 8th. Evercore ISI raised their price objective 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. Finally, Oppenheimer raised their price objective on HubSpot from $625.00 to $740.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Six analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $721.26.

Insider Activity

In other HubSpot news, CFO Kathryn Bueker sold 4,381 shares of HubSpot stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $700.00, for a total transaction of $3,066,700.00. Following the completion of the sale, the chief financial officer now owns 41,259 shares of the company’s stock, valued at approximately $28,881,300. The trade was a 9.60 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Yamini Rangan sold 115 shares of the firm’s stock in a transaction 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 represents a 0.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 78,066 shares of company stock valued at $54,900,427 over the last three months. 4.50% of the stock is owned by insiders.

HubSpot Stock Down 1.2 %

HUBS stock opened at $728.24 on Monday. The business has a fifty day moving average price of $716.86 and a 200 day moving average price of $590.99. HubSpot, Inc. has a fifty-two week low of $434.84 and a fifty-two week high of $762.47.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, November 6th. The software maker reported $2.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.91 by $0.27. The business had revenue of $669.72 million for the quarter, compared to the consensus estimate of $646.97 million. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. The firm’s quarterly revenue was up 20.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.04) EPS. Equities analysts anticipate that HubSpot, Inc. will post 0.42 EPS for the current year.

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.