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 during the period. California Public Employees Retirement System increased its stake in shares of HubSpot by 2.2% in the second quarter.
Several other hedge funds also recently made changes to their positions in the company. FMR LLC raised its position in HubSpot by 1.5% in the first quarter. Solaris Asset Management LLC increased its position in HubSpot by 5.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 11,941 shares of the software maker's stock worth $561,000 after buying an additional 130 shares during the period. UBS Asset Management Americas raised its position in HubSpot by 147.3% in the Q1. The brokerage now has a $80.00 price objective on the software maker's stock, up from their previous price objective of $78.00.
First Trust Advisors LP increased its position in HubSpot, Inc. BlackRock Inc. now owns 2,130,883 shares of the software maker's stock valued at $129,025,000 after buying an additional 2,128,306 shares during the period. Ameritas Investment Partners Inc. purchased a new stake in HubSpot during the first quarter valued at $151,000. Bank of New York Mellon Corp now owns 965,891 shares of the software maker's stock valued at $58,485,000 after buying an additional 192,602 shares during the period. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in HubSpot Inc (NYSE:HUBS). (NYSE:HUBS) traded up 2.20% during midday trading on Friday, reaching $67.35. Hedge funds and other institutional investors own 92.23% of the company's stock. HubSpot, Inc. has a 12 month low of $44.90 and a 12 month high of $78.50. The company has a 50-day moving average price of $69.85 and a 200-day moving average price of $64.98. The company has market cap of $2.48 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, topping the Thomson Reuters' consensus estimate of ($0.01) by $0.08. HubSpot had a negative return on equity of 27.99% and a negative net margin of 13.17%. During the same quarter a year ago, the firm earned ($0.07) EPS. During the same period a year ago, the business posted ($0.07) earnings per share. On average, analysts anticipate that HubSpot will post $0.05 EPS for the current year. Hubspot Inc had 38 analyst reports since August 5, 2015 according to SRatingsIntel. Keybank Association Oh reported 0% of its portfolio in HubSpot Inc (NYSE:HUBS). If you are reading this story on another site, it was illegally stolen and reposted in violation of USA & worldwide copyright and trademark legislation. The correct version of this article can be viewed at https://www.baseball-news-blog.com/2017/08/13/first-trust-advisors-lp-has-56-66-million-stake-in-hubspot-inc-nysehubs.html.
Lukaku double fires Man United football club to winning start
West Ham: Hart 4, Zabaleta 5, Reid 4, Ogbonna 4, Masuaku 3, Noble 4, Obiang 4, Fernandes 5, Arnautovic 5, Ayew 4, Hernandez 5. Anthony Martial has now been directly involved in more Premier League goals (27) since 2015/16 than any other Man Utd player.
A number of analysts recently weighed in on HUBS shares. Canaccord Genuity lifted their price objective on HubSpot from $80.00 to $83.00 and gave the stock a "buy" rating in a research note on Thursday, August 3rd. Oppenheimer Holdings, Inc. set a $80.00 price objective on HubSpot and gave the stock a "buy" rating in a research report on Thursday, August 3rd. Finally, Summit Redstone reiterated a "hold" rating on shares of HubSpot in a research note on Thursday, August 3rd. The company now has a consensus rating of "Buy" and a consensus price target of $72.19. Cowen and Company reaffirmed 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. Four analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. The shares were sold at an average price of $72.77, for a total transaction of $1,164,320.00. Also Executive Hunter Madeley unloaded 1,000 stocks of HubSpot shares in a trade on early Wed, Jul 5th. The shares were sold at an average price of $73.95, for a total value of $73,950.00. Following the sale, the insider now directly owns 89,874 shares of the company's stock, valued at approximately $6,646,182.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
In related news, CFO John Kinzer sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $64.75, for a total value of $1,618,750.00. Following the sale, the chief financial officer now owns 81,658 shares of the company's stock, valued at approximately $5,667,065.20. The disclosure for this sale can be found here. Sei Investments Co. now owns 2,157 shares of the software maker's stock worth $142,000 after buying an additional 631 shares during the last quarter.
HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform.