(NYSE:HUBS) during the first quarter, according to its most recent filing with the SEC. State Street Corp now owns 504,219 shares of the software maker's stock worth $23,699,000 after buying an additional 12,523 shares during the period. California Public Employees Retirement System increased its stake in shares of HubSpot by 2.2% in the second quarter.
It is positive, as 25 investors sold HUBS shares while 36 reduced holdings. ARK Investment Management LLC increased its stake in shares of HubSpot by 90.0% in the second quarter. Following the completion of the sale, the director now owns 2,164 shares of the company's stock, valued at $141,201. FMR LLC increased its stake in shares of HubSpot by 1.1% in the second quarter.
Granahan Investment Management Inc decreased Instructure stake by 70,199 shares to 176,910 valued at $3.46M in 2016Q4. Vanguard Group Inc. now owns 2,626,896 shares of the software maker's stock valued at $172,718,000 after buying an additional 97,869 shares in the last quarter. They now have a $80.00 price target on the software maker's stock, up from their previous price target of $78.00. First Trust Advisors Lp invested 0% of its portfolio in HubSpot Inc (NYSE:HUBS). Finally, Bank of New York Mellon Corp raised its position in HubSpot by 24.9% in the first quarter. FMR LLC now owns 5,481,280 shares of the software maker's stock valued at $360,394,000 after buying an additional 59,473 shares in the last quarter. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in HubSpot Inc (NYSE:HUBS).
Shares of HubSpot (NYSE:HUBS) traded up 2.20% on Friday, hitting $67.35.
About 96,172 shares traded. The corporation had a trading volume of 364,971 Stocks. the firms market valuation is $2.44 B. HubSpot has a 1 year low of $44.90 has a 1 year high of $78.50. the company has 50 day SMA price of $69.89 and a two hundred day SMA of $64.85. The company has market cap of $47.08 billion.
HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.08. The company had revenue of $89.10 million during the quarter, compared to analyst estimates of $85.80 million. HubSpot had a negative net margin of 13.17% and a negative return on equity of 27.99%. The business's revenue for the quarter was up 37.1% compared to the same quarter a year ago. During the same period in the prior year, the business posted ($0.07) earnings per share. On average, equities analysts anticipate that HubSpot, Inc. will post $0.05 EPS for the current fiscal year. United Kingdom-based Cantab Prtn Llp has invested 0% in HubSpot Inc (NYSE:HUBS). Keybank Association Oh reported 0% of its portfolio in HubSpot Inc (NYSE:HUBS). If you are reading this article on another publication, it was stolen and republished in violation of United States and global copyright & trademark legislation.
Several equities analysts have recently weighed in on HUBS shares. The stock of HubSpot Inc (NYSE:HUBS) has "Buy" rating given on Thursday, March 30 by IBC. CIBC reiterated a "buy" rating and set a $78.00 price objective on shares of HubSpot in a report on Thursday, May 4th. SunTrust Banks, Inc. started coverage on shares of HubSpot in a report on Monday, June 26th. The stock has a consensus rating of "Buy" and a consensus target price of $72.19. Cowen and Company reissued a market perform rating and set a $69.00 target price (up previously from $63.00) on shares of HubSpot in a research note on Friday, August 4th. Canaccord Genuity upped their price target on HubSpot from $80.00 to $83.00 and gave the stock a "buy" rating in a research note on Thursday, August 3rd.
Among 12 analysts covering Bank Of Montreal (NYSE:BMO), 4 have Buy rating, 0 Sell and 8 Hold. The shares were sold at an average price of $72.77, for a total transaction of $1,164,320.00. Also, insider Hunter Madeley sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 5th. The stock was sold at an average price of $65.25, for a total transaction of $319,659.75. Following the transaction, the insider now owns 89,874 shares in the company, valued at $6,646,182.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Halligan Brian also sold $1.62 million worth of HubSpot Inc (NYSE:HUBS) on Thursday, June 15. The shares were sold at an average price of $73.95, for a total value of $73,950.00. Following the completion of the sale, the chief executive officer now directly owns 806,787 shares in the company, valued at $52,239,458.25. The disclosure for this sale can be found here. Over the last quarter, insiders sold 57,899 shares of company stock valued at $3,934,380.
HubSpot, Inc. provides a cloud 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 clients and delight clients so that they become promoters of those businesses.