Charles Schwab Investment Management Inc. Has $143.26 Million Holdings in HubSpot, Inc. (NYSE:HUBS)

Charles Schwab Investment Management Inc. boosted its position in shares of HubSpot, Inc. (NYSE:HUBS) by 5.7% in the fourth quarter, Holdings Channel reports. 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.’s holdings in HubSpot were worth $143,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its position in HubSpot by 73.1% during the 4th 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. Wilmington Savings Fund Society FSB acquired a new position in HubSpot during the 3rd quarter worth $25,000. Bank of Jackson Hole Trust acquired a new position in HubSpot during the 4th quarter worth $35,000. Friedenthal Financial acquired a new position in HubSpot during the 4th quarter worth $50,000. Finally, Crewe Advisors LLC lifted its position in 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 acquiring an additional 28 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insider Transactions at HubSpot

In other news, CEO Yamini Rangan sold 3,057 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 54,079 shares in the company, valued at approximately $37,941,285.61. This represents a 5.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lorrie M. Norrington sold 572 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $690.00, for a total transaction 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 47,997 shares of company stock worth $35,796,526. Corporate insiders own 4.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on HUBS. StockNews.com downgraded shares of HubSpot from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Scotiabank boosted their price objective on shares of HubSpot from $825.00 to $900.00 and gave the stock a “sector outperform” rating in a report on Thursday, February 13th. Raymond James boosted their price objective on shares of HubSpot from $750.00 to $980.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. UBS Group upgraded shares of HubSpot from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 19th. Finally, Needham & Company LLC boosted their price objective on shares of HubSpot from $730.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. 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. According to MarketBeat, HubSpot currently has a consensus rating of “Moderate Buy” and a consensus price target of $863.96.

HubSpot Trading Down 1.7 %

Shares of HubSpot stock opened at $640.87 on Friday. The stock has a market capitalization of $33.42 billion, a price-to-earnings ratio of 7,121.52, a P/E/G ratio of 41.44 and a beta of 1.72. HubSpot, Inc. has a 1-year low of $434.84 and a 1-year high of $881.13. 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 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 0.07% and a net margin of 0.17%. As a group, equities research analysts predict that HubSpot, Inc. will post 1.01 EPS for the current year.

HubSpot Company 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.