HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker Sells 2,190 Shares

HubSpot, Inc. (NYSE:HUBS) CFO Kathryn Bueker sold 2,190 shares of HubSpot stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $625.00, for a total transaction of $1,368,750.00. Following the completion of the transaction, the chief financial officer now owns 45,737 shares in the company, valued at $28,585,625. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Kathryn Bueker also recently made the following trade(s):

• On Thursday, May 16th, Kathryn Bueker sold 3,937 shares of HubSpot stock. The shares were sold at an average price of $616.51, for a total transaction of $2,427,199.87.

HubSpot Stock Performance

HUBS opened at $598.00 on Friday. The stock’s 50 day simple moving average is $625.07 and its 200-day simple moving average is $580.96. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.32. The stock has a market cap of $30.47 billion, a PE ratio of -224.47 and a beta of 1.57. HubSpot, Inc. has a 1 year low of $407.23 and a 1 year high of $693.85.

Analysts Set New Price Targets

HUBS has been the subject of several research analyst reports. Evercore ISI raised their price objective on HubSpot from $625.00 to $650.00 and gave the company an “in-line” rating in a research note on Thursday, February 15th. Piper Sandler dropped their target price on shares of HubSpot from $675.00 to $655.00 and set an “overweight” rating for the company in a report on Thursday, May 9th. KeyCorp assumed coverage on shares of HubSpot in a report on Thursday, March 21st. They issued an “underweight” rating and a $520.00 price target on the stock. Barclays dropped their price objective on shares of HubSpot from $600.00 to $575.00 and set an “equal weight” rating for the company in a research note on Thursday, May 9th. Finally, Wells Fargo & Company raised their price target on HubSpot from $700.00 to $725.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $640.04.

Institutional Investors Weigh In On HubSpot

Several institutional investors and hedge funds have recently bought and sold shares of HUBS. Riverview Trust Co bought a new position in shares of HubSpot during the 1st quarter worth about $27,000. Rakuten Securities Inc. acquired a new stake in HubSpot during the fourth quarter valued at approximately $29,000. Geneos Wealth Management Inc. grew its stake in shares of HubSpot by 1,125.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 49 shares of the software maker’s stock valued at $31,000 after purchasing an additional 45 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of HubSpot by 335.7% in the 4th quarter. Venturi Wealth Management LLC now owns 61 shares of the software maker’s stock worth $35,000 after buying an additional 47 shares in the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of HubSpot by 1,380.0% during the 4th quarter. Larson Financial Group LLC now owns 74 shares of the software maker’s stock worth $43,000 after buying an additional 69 shares during the period. Institutional investors own 90.39% 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.