B. Metzler seel. Sohn & Co. Holding AG Makes New Investment in HubSpot, Inc. (NYSE:HUBS)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of HubSpot, Inc. (NYSE:HUBS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,380 shares of the software maker’s stock, valued at approximately $1,731,000.

Other hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in shares of HubSpot during the fourth quarter worth $29,000. Sowell Financial Services LLC lifted its holdings in shares of HubSpot by 79.2% during the fourth quarter. Sowell Financial Services LLC now owns 86 shares of the software maker’s stock worth $34,000 after buying an additional 38 shares in the last quarter. Penserra Capital Management LLC acquired a new position in HubSpot in the fourth quarter valued at about $35,000. Bartlett & Co. LLC acquired a new position in HubSpot in the fourth quarter valued at about $40,000. Finally, Perigon Wealth Management LLC acquired a new position in HubSpot in the fourth quarter valued at about $48,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

In other news, CEO Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, January 19th. The stock was sold at an average price of $386.35, for a total transaction of $3,283,975.00. Following the completion of the transaction, the chief executive officer now owns 657,119 shares in the company, valued at approximately $253,877,925.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Yamini Rangan sold 2,106 shares of the firm’s stock in a transaction dated Tuesday, April 6th. The shares were sold at an average price of $468.60, for a total value of $986,871.60. Following the completion of the sale, the insider now directly owns 52,216 shares in the company, valued at approximately $24,468,417.60. The disclosure for this sale can be found here. Insiders sold a total of 39,106 shares of company stock valued at $18,691,502 in the last 90 days. Corporate insiders own 8.30% of the company’s stock.

A number of research analysts recently commented on HUBS shares. Needham & Company LLC boosted their price target on HubSpot from $400.00 to $520.00 and gave the company a “buy” rating in a research note on Friday, February 12th. Wells Fargo & Company raised HubSpot from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $345.00 to $450.00 in a research note on Tuesday, January 5th. Canaccord Genuity boosted their price target on HubSpot from $420.00 to $560.00 and gave the stock a “buy” rating in a report on Friday, February 12th. Argus boosted their price target on HubSpot from $435.00 to $625.00 and gave the stock a “buy” rating in a report on Monday, March 1st. Finally, Citigroup upped their target price on HubSpot from $425.00 to $545.00 and gave the company a “buy” rating in a report on Friday, February 12th. One research analyst has rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $459.96.

NYSE HUBS opened at $485.00 on Thursday. The firm has a market capitalization of $22.47 billion, a P/E ratio of -267.95 and a beta of 1.78. The business has a fifty day simple moving average of $478.91 and a 200 day simple moving average of $392.92. HubSpot, Inc. has a 12 month low of $129.00 and a 12 month high of $547.47. The company has a current ratio of 3.65, a quick ratio of 3.65 and a debt-to-equity ratio of 0.65.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Thursday, February 11th. The software maker reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.82. The firm had revenue of $252.07 million during the quarter, compared to the consensus estimate of $236.36 million. HubSpot had a negative return on equity of 4.76% and a negative net margin of 9.78%. As a group, sell-side analysts predict that HubSpot, Inc. will post -1.36 EPS for the current fiscal year.

About HubSpot

HubSpot, Inc provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes marketing, sales, service, and content management systems, as well as integrated applications, such as search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.

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Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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