HubSpot, Inc. (HUBS) PT Raised to $0.00

HubSpot, Inc. (NYSE:HUBS) had its target price raised by analysts at Canaccord Genuity from $8,398.00 in a research note issued to investors on Thursday. The brokerage currently has a “buy” rating on the software maker’s stock.

HUBS has been the topic of several other reports. TheStreet raised shares of HubSpot from a “d” rating to a “c-” rating in a research report on Monday, October 9th. UBS AG reissued a “buy” rating and issued a $84.00 target price (up from $77.00) on shares of HubSpot in a research report on Thursday, August 3rd. Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $82.00 target price on shares of HubSpot in a research report on Wednesday, September 27th. Cowen and Company reissued a “market perform” rating and issued a $69.00 target price (up from $63.00) on shares of HubSpot in a research report on Friday, August 4th. Finally, Morgan Stanley lifted their target price on shares of HubSpot from $84.00 to $88.00 and gave the stock an “overweight” rating in a research report on Monday, September 25th. Two analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $82.67.

HubSpot (NYSE:HUBS) last released its earnings results on Wednesday, November 1st. The software maker reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.15. HubSpot had a negative net margin of 13.17% and a negative return on equity of 27.99%. The business had revenue of $97.73 million for the quarter, compared to the consensus estimate of $96.50 million. During the same period in the previous year, the firm earned ($0.05) EPS. The business’s revenue for the quarter was up 38.4% on a year-over-year basis.

WARNING: “HubSpot, Inc. (HUBS) PT Raised to $0.00” was reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://www.com-unik.info/2017/11/02/hubspot-inc-hubs-pt-raised-to-0-00.html.

In other HubSpot news, CFO John Kinzer sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $67.23, for a total value of $1,008,450.00. Following the completion of the sale, the chief financial officer now directly owns 92,380 shares of the company’s stock, valued at $6,210,707.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Hunter Madeley sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $84.35, for a total transaction of $84,350.00. The disclosure for this sale can be found here. Insiders sold 47,000 shares of company stock valued at $3,425,100 over the last three months. Insiders own 12.10% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. FMR LLC grew its position in HubSpot by 1.1% in the second quarter. FMR LLC now owns 5,481,280 shares of the software maker’s stock worth $360,394,000 after acquiring an additional 59,473 shares in the last quarter. Vanguard Group Inc. grew its position in HubSpot by 3.9% in the second quarter. Vanguard Group Inc. now owns 2,626,896 shares of the software maker’s stock worth $172,718,000 after acquiring an additional 97,869 shares in the last quarter. Bank of New York Mellon Corp grew its position in HubSpot by 145.0% in the second quarter. Bank of New York Mellon Corp now owns 2,366,568 shares of the software maker’s stock worth $155,602,000 after acquiring an additional 1,400,677 shares in the last quarter. BlackRock Inc. grew its position in HubSpot by 82,588.5% in the first quarter. BlackRock Inc. now owns 2,130,883 shares of the software maker’s stock worth $129,025,000 after acquiring an additional 2,128,306 shares in the last quarter. Finally, First Trust Advisors LP grew its position in HubSpot by 3.5% in the third quarter. First Trust Advisors LP now owns 892,071 shares of the software maker’s stock worth $74,979,000 after acquiring an additional 30,290 shares in the last quarter. 96.10% of the stock is owned by institutional investors.

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.

Analyst Recommendations for HubSpot (NYSE:HUBS)

What are top analysts saying about HubSpot Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for HubSpot Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit