9,188 Shares in HubSpot Inc (HUBS) Acquired by Hamilton Lane Advisors LLC

Hamilton Lane Advisors LLC acquired a new stake in HubSpot Inc (NYSE:HUBS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 9,188 shares of the software maker’s stock, valued at approximately $812,000.

A number of other large investors have also recently modified their holdings of HUBS. Schwab Charles Investment Management Inc. lifted its position in HubSpot by 5.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 140,467 shares of the software maker’s stock valued at $9,236,000 after purchasing an additional 7,425 shares during the last quarter. Legal & General Group Plc lifted its position in HubSpot by 27.9% in the 2nd quarter. Legal & General Group Plc now owns 12,328 shares of the software maker’s stock valued at $808,000 after purchasing an additional 2,687 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in HubSpot by 555.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,272 shares of the software maker’s stock valued at $281,000 after purchasing an additional 3,620 shares during the last quarter. Federated Investors Inc. PA lifted its position in HubSpot by 90.0% in the 2nd quarter. Federated Investors Inc. PA now owns 6,597 shares of the software maker’s stock valued at $434,000 after purchasing an additional 3,125 shares during the last quarter. Finally, Prudential Financial Inc. lifted its position in HubSpot by 14.5% in the 2nd quarter. Prudential Financial Inc. now owns 4,900 shares of the software maker’s stock valued at $322,000 after purchasing an additional 620 shares during the last quarter. Hedge funds and other institutional investors own 93.11% of the company’s stock.

Several brokerages recently weighed in on HUBS. Zacks Investment Research upgraded shares of HubSpot from a “hold” rating to a “buy” rating and set a $99.00 price objective on the stock in a research report on Tuesday, January 2nd. UBS Group boosted their price target on shares of HubSpot from $84.00 to $103.00 and gave the stock a “buy” rating in a research report on Thursday, November 9th. Oppenheimer boosted their price target on shares of HubSpot from $91.00 to $93.00 and gave the stock an “outperform” rating in a research report on Thursday, November 2nd. Morgan Stanley boosted their price target on shares of HubSpot from $93.00 to $96.00 and gave the stock an “overweight” rating in a research report on Thursday, November 2nd. Finally, Canaccord Genuity boosted their price target on shares of HubSpot from $8,398.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Two equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $85.06.

HubSpot Inc (NYSE:HUBS) traded up $0.95 during midday trading on Wednesday, hitting $94.20. 265,034 shares of the company were exchanged, compared to its average volume of 304,464. The company has a debt-to-equity ratio of 1.41, a current ratio of 3.55 and a quick ratio of 3.55. HubSpot Inc has a twelve month low of $49.40 and a twelve month high of $94.75. The company has a market cap of $3,520.00, a P/E ratio of -81.21 and a beta of 2.30.

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 12.16% and a negative return on equity of 21.93%. 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. analysts forecast that HubSpot Inc will post -0.99 EPS for the current year.

In other news, CEO Brian Halligan sold 25,000 shares of HubSpot stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $88.30, for a total value of $2,207,500.00. Following the transaction, the chief executive officer now directly owns 796,119 shares of the company’s stock, valued at $70,297,307.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Julia Herendeen sold 1,000 shares of HubSpot stock in a transaction that occurred on Saturday, December 29th. The stock was sold at an average price of $89.15, for a total transaction of $89,150.00. Following the completion of the transaction, the director now directly owns 5,540 shares in the company, valued at $493,891. The disclosure for this sale can be found here. Insiders sold a total of 68,000 shares of company stock worth $5,843,480 over the last quarter. Insiders own 12.10% of the company’s stock.

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About HubSpot

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.

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Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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