1 day Ago By Defense World Staff
HubSpot ( NYSE:HUBS – Get Free Report ) had its price target upped by research analysts at Royal Bank of Canada from $750.00 to $825.00 in a research report issued to clients and investors on Friday, Benzinga reports.
The firm currently has an “outperform” rating on the software maker’s stock. Royal Bank of Canada’s price target would suggest a potential upside of 17.38% from the stock’s current price.
Several other brokerages have also commented on HUBS. Needham & Company LLC reiterated a “buy” rating and issued a $730.00 price target on shares of HubSpot in a research note on Thursday, November 7th.
BMO Capital Markets lifted their price target on shares of HubSpot from $570.00 to $690.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th.
UBS Group raised HubSpot from a “hold” rating to a “strong-buy” rating in a report on Monday, December 16th. Mizuho lifted their target price on shares of HubSpot from $725.00 to $775.
00 and gave the company an “outperform” rating in a report on Friday, December 13th. Finally, Wells Fargo & Company increased their price target on shares of HubSpot from $625.00 to $750.
00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Four investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.
com, the stock has an average rating of “Moderate Buy” and an average price target of $705.64. View Our Latest Stock Analysis on HUBS HubSpot Price Performance HubSpot ( NYSE:HUBS – Get Free Report ) last issued its quarterly earnings results on Wednesday, November 6th.
The software maker reported $2.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.
27. The company had revenue of $669.72 million during the quarter, compared to the consensus estimate of $646.
97 million. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.
16%. The firm’s quarterly revenue was up 20.1% on a year-over-year basis.
During the same quarter in the previous year, the firm earned ($0.04) earnings per share. On average, analysts expect that HubSpot will post 0.
4 EPS for the current year. Insider Activity In related news, CEO Yamini Rangan sold 115 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $713.
79, for a total transaction of $82,085.85. Following the completion of the transaction, the chief executive officer now owns 61,179 shares of the company’s stock, valued at approximately $43,668,958.
41. This represents a 0.19 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Also, Director Lorrie M. Norrington sold 572 shares of HubSpot stock in a transaction on Friday, December 27th.
The shares were sold at an average price of $721.60, for a total transaction of $412,755.20.
Following the completion of the transaction, the director now owns 1,125 shares in the company, valued at approximately $811,800. This trade represents a 33.71 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold a total of 76,391 shares of company stock valued at $53,243,511 over the last quarter. Company insiders own 4.
50% of the company’s stock. Institutional Investors Weigh In On HubSpot Institutional investors have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of HubSpot in the 3rd quarter valued at about $25,000.
International Assets Investment Management LLC acquired a new position in HubSpot during the second quarter valued at approximately $35,000. HM Payson & Co. grew its stake in HubSpot by 36.
0% during the third quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock worth $36,000 after buying an additional 18 shares during the period.
Crewe Advisors LLC increased its position in shares of HubSpot by 37.3% in the third quarter. Crewe Advisors LLC now owns 103 shares of the software maker’s stock worth $55,000 after acquiring an additional 28 shares in the last quarter.
Finally, True Wealth Design LLC purchased a new position in shares of HubSpot in the 3rd quarter valued at $62,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.
About HubSpot ( Get Free Report ) HubSpot, Inc, together with its subsidiaries, 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 Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content. Recommended Stories Five stocks we like better than HubSpot Overbought Stocks Explained: Should You Trade Them? Quantum Opportunity: Skywater Technology’s Long-Term Potential How to Plot Fibonacci Price Inflection Levels Nebius Group: The Rising Star in AI Infrastructure Investing In Automotive Stocks MarketBeat Week in Review – 12/30 – 1/03 Receive News & Ratings for HubSpot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HubSpot and related companies with MarketBeat.
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