Everpar Advisors LLC Purchases Shares of 477 HubSpot, Inc. (NYSE:HUBS)

Everpar Advisors LLC acquired a new stake in shares of HubSpot, Inc. (NYSE:HUBS) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 477 shares of the software maker’s stock, valued at approximately $277,000.

A number of other large investors also recently added to or reduced their stakes in the business. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of HubSpot by 11.0% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,282 shares of the software maker’s stock worth $631,000 after acquiring an additional 127 shares in the last quarter. Strs Ohio grew its position in HubSpot by 1,203.0% in the 4th quarter. Strs Ohio now owns 20,001 shares of the software maker’s stock valued at $11,611,000 after acquiring an additional 18,466 shares during the last quarter. Los Angeles Capital Management LLC grew its position in HubSpot by 19.4% in the 4th quarter. Los Angeles Capital Management LLC now owns 22,546 shares of the software maker’s stock valued at $13,089,000 after acquiring an additional 3,671 shares during the last quarter. Meeder Asset Management Inc. bought a new position in shares of HubSpot during the 4th quarter worth $2,312,000. Finally, Pathstone Family Office LLC bought a new position in shares of HubSpot during the 3rd quarter worth $677,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on HUBS shares. Stifel Nicolaus increased their price target on HubSpot from $700.00 to $750.00 and gave the company a “buy” rating in a research note on Monday, April 8th. UBS Group reissued a “neutral” rating and issued a $525.00 price objective on shares of HubSpot in a report on Thursday, February 15th. Truist Financial raised their price objective on HubSpot from $600.00 to $700.00 and gave the company a “buy” rating in a report on Thursday, February 15th. Wolfe Research raised their target price on HubSpot from $660.00 to $715.00 and gave the company an “outperform” rating in a research report on Thursday, February 15th. Finally, Barclays raised their target price on HubSpot from $475.00 to $600.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-two have given a buy rating to the stock. According to MarketBeat, HubSpot has an average rating of “Moderate Buy” and a consensus price target of $642.36.

HubSpot Stock Down 4.2 %

HUBS traded down $26.03 on Wednesday, hitting $589.43. 1,180,274 shares of the company were exchanged, compared to its average volume of 502,374. The company has a market cap of $30.01 billion, a price-to-earnings ratio of -166.04 and a beta of 1.57. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average price of $628.65 and a two-hundred day moving average price of $567.79. HubSpot, Inc. has a twelve month low of $407.23 and a twelve month high of $693.85.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, February 14th. The software maker reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.30) by $0.22. HubSpot had a negative return on equity of 6.38% and a negative net margin of 8.12%. The business had revenue of $581.91 million during the quarter, compared to the consensus estimate of $557.48 million. On average, equities analysts predict that HubSpot, Inc. will post -0.98 earnings per share for the current year.

Insider Activity

In other HubSpot news, insider Brian Halligan sold 8,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $636.18, for a total transaction of $5,407,530.00. Following the completion of the sale, the insider now directly owns 526,041 shares of the company’s stock, valued at approximately $334,656,763.38. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other HubSpot news, CEO Yamini Rangan sold 116 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $634.21, for a total transaction of $73,568.36. Following the transaction, the chief executive officer now owns 88,861 shares in the company, valued at approximately $56,356,534.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $636.18, for a total value of $5,407,530.00. Following the transaction, the insider now owns 526,041 shares in the company, valued at approximately $334,656,763.38. The disclosure for this sale can be found here. In the last three months, insiders sold 21,393 shares of company stock valued at $13,421,401. Insiders own 4.90% of the company’s stock.

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.