Aviso Wealth Management Has $1.19 Million Stake in HubSpot, Inc. (NYSE:HUBS)

Aviso Wealth Management lessened its position in HubSpot, Inc. (NYSE:HUBS) by 2.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,714 shares of the software maker’s stock after selling 48 shares during the period. Aviso Wealth Management’s holdings in HubSpot were worth $1,194,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of HUBS. Wilmington Savings Fund Society FSB purchased a new position in shares of HubSpot during the 3rd quarter valued at $25,000. Larson Financial Group LLC boosted its position in shares of HubSpot by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 43 shares of the software maker’s stock valued at $30,000 after acquiring an additional 27 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in 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 buying an additional 19 shares in the last quarter. Bank of Jackson Hole Trust bought a new position in HubSpot in the fourth quarter valued at $35,000. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in HubSpot in the fourth quarter worth approximately $36,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insider Activity at HubSpot

In other HubSpot news, CEO Yamini Rangan sold 3,057 shares of the 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 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 available at the SEC website. Also, Director Lorrie M. Norrington sold 572 shares of the stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $721.60, for a total transaction of $412,755.20. Following the sale, the director now owns 1,125 shares in the company, valued at approximately $811,800. This trade represents a 33.71 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,425 shares of company stock valued at $15,866,151 over the last ninety days. Corporate insiders own 4.50% of the company’s stock.

HubSpot Stock Down 0.3 %

NYSE HUBS opened at $625.15 on Wednesday. The business has a 50 day moving average price of $712.30 and a two-hundred day moving average price of $658.03. HubSpot, Inc. has a fifty-two week low of $434.84 and a fifty-two week high of $881.13. The stock has a market cap of $32.60 billion, a PE ratio of 6,946.88, a P/E/G ratio of 41.44 and a beta of 1.80.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.20 earnings per share (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%. Sell-side analysts anticipate that HubSpot, Inc. will post 1.01 EPS for the current fiscal year.

Analysts Set New Price Targets

HUBS has been the subject of a number of recent analyst reports. Truist Financial reiterated a “buy” rating and set a $900.00 price target (up from $750.00) on shares of HubSpot in a report on Thursday, February 13th. StockNews.com cut HubSpot from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Stifel Nicolaus boosted their price objective on shares of HubSpot from $880.00 to $925.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Macquarie initiated coverage on shares of HubSpot in a research note on Monday. They set an “outperform” rating and a $730.00 target price on the stock. Finally, Mizuho upped their price objective on HubSpot from $725.00 to $775.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Five analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, HubSpot presently has an average rating of “Moderate Buy” and an average price target of $848.58.

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.