HubSpot Inc (HUBS) CEO Sells $2,657,025.00 in Stock

HubSpot Inc (NYSE:HUBS) CEO Brian Halligan sold 22,500 shares of the stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $118.09, for a total transaction of $2,657,025.00. Following the completion of the sale, the chief executive officer now owns 754,598 shares of the company’s stock, valued at approximately $89,110,477.82. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of HubSpot stock opened at $111.60 on Friday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.38 and a current ratio of 3.38. HubSpot Inc has a one year low of $56.95 and a one year high of $124.45. The stock has a market cap of $4,446.44, a P/E ratio of -103.33 and a beta of 1.94.

How to Become a New Pot Stock Millionaire

Several hedge funds have recently modified their holdings of the company. Teachers Advisors LLC increased its stake in shares of HubSpot by 0.3% during the 4th quarter. Teachers Advisors LLC now owns 174,889 shares of the software maker’s stock worth $15,460,000 after purchasing an additional 569 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of HubSpot by 35.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the software maker’s stock worth $206,000 after purchasing an additional 606 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of HubSpot by 2.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 26,486 shares of the software maker’s stock worth $2,341,000 after purchasing an additional 636 shares during the last quarter. Rhumbline Advisers increased its stake in shares of HubSpot by 1.7% during the 3rd quarter. Rhumbline Advisers now owns 38,180 shares of the software maker’s stock worth $3,209,000 after purchasing an additional 641 shares during the last quarter. Finally, Harbour Capital Advisors LLC increased its stake in shares of HubSpot by 6.0% during the 4th quarter. Harbour Capital Advisors LLC now owns 12,525 shares of the software maker’s stock worth $1,107,000 after purchasing an additional 705 shares during the last quarter. Institutional investors own 98.82% of the company’s stock.

Several equities research analysts have commented on HUBS shares. Zacks Investment Research lowered shares of HubSpot from a “buy” rating to a “hold” rating in a research note on Tuesday, November 28th. JPMorgan Chase & Co. increased their price objective on shares of HubSpot from $95.00 to $102.00 and gave the company an “overweight” rating in a research note on Monday, February 12th. SunTrust Banks increased their price objective on shares of HubSpot to $112.00 and gave the company a “buy” rating in a research note on Wednesday, February 14th. Evercore ISI lowered shares of HubSpot from an “outperform” rating to an “in-line” rating and set a $90.00 price objective for the company. in a research note on Monday, March 12th. They noted that the move was a valuation call. Finally, Morgan Stanley increased their price objective on shares of HubSpot from $105.00 to $107.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 14th. Six research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. HubSpot presently has an average rating of “Buy” and a consensus price target of $94.82.

COPYRIGHT VIOLATION NOTICE: This article was originally published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another domain, it was stolen and reposted in violation of international copyright and trademark laws. The original version of this article can be accessed at https://www.tickerreport.com/banking-finance/3298220/hubspot-inc-hubs-ceo-sells-2657025-00-in-stock.html.

HubSpot Company Profile

HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into customers and delight customers so that they become promoters of those businesses.

Insider Buying and Selling by Quarter for HubSpot (NYSE:HUBS)

Receive News & Ratings for HubSpot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HubSpot and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

American Renal Associates  versus Caladrius Biosciences  Head-To-Head Contrast
American Renal Associates versus Caladrius Biosciences Head-To-Head Contrast
Financial Comparison: NeuLion  and Its Rivals
Financial Comparison: NeuLion and Its Rivals
Comparing A. Schulman  & AdvanSix
Comparing A. Schulman & AdvanSix
Brokerages Expect Mine Safety Appliances  to Announce $0.83 EPS
Brokerages Expect Mine Safety Appliances to Announce $0.83 EPS
BitcoinX [Futures]  Market Capitalization Reaches $0.00
BitcoinX [Futures] Market Capitalization Reaches $0.00
AvatarCoin  Trading 9.9% Higher  Over Last Week
AvatarCoin Trading 9.9% Higher Over Last Week


© 2006-2018 Ticker Report. Google+.