Hel Ved Capital Management Ltd Has $3.37 Million Stock Position in HubSpot, Inc. (NYSE:HUBS)

Hel Ved Capital Management Ltd boosted its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 172.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,835 shares of the software maker’s stock after purchasing an additional 3,060 shares during the period. Hel Ved Capital Management Ltd’s holdings in HubSpot were worth $3,369,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Townsquare Capital LLC raised its position in HubSpot by 93.1% during the third quarter. Townsquare Capital LLC now owns 668 shares of the software maker’s stock worth $355,000 after acquiring an additional 322 shares in the last quarter. Captrust Financial Advisors increased its stake in shares of HubSpot by 132.6% during the 3rd quarter. Captrust Financial Advisors now owns 1,363 shares of the software maker’s stock worth $725,000 after purchasing an additional 777 shares during the last quarter. Hilltop Holdings Inc. bought a new stake in shares of HubSpot in the 3rd quarter valued at about $210,000. HighTower Advisors LLC lifted its stake in HubSpot by 1.4% in the 3rd quarter. HighTower Advisors LLC now owns 4,535 shares of the software maker’s stock valued at $2,420,000 after purchasing an additional 61 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in HubSpot by 6.4% in the 3rd quarter. Janus Henderson Group PLC now owns 24,463 shares of the software maker’s stock valued at $13,005,000 after purchasing an additional 1,479 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

HUBS has been the topic of several research analyst reports. StockNews.com lowered HubSpot from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Sanford C. Bernstein initiated coverage on HubSpot in a research note on Thursday, March 20th. They issued a “market perform” rating and a $693.00 price target on the stock. Truist Financial reaffirmed a “buy” rating and set a $900.00 price objective (up from $750.00) on shares of HubSpot in a research report on Thursday, February 13th. KeyCorp raised shares of HubSpot from a “sector weight” rating to an “overweight” rating and set a $920.00 price objective on the stock in a research report on Thursday, February 13th. Finally, Piper Sandler lifted their target price on shares of HubSpot from $640.00 to $808.00 and gave the stock a “neutral” rating in a report on Thursday, February 13th. Five analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $848.58.

Insider Buying and Selling at HubSpot

In other news, CEO Yamini Rangan sold 2,382 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $573.92, for a total value of $1,367,077.44. Following the completion of the transaction, the chief executive officer now owns 72,373 shares of the company’s stock, valued at $41,536,312.16. This represents a 3.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Brian Halligan sold 8,500 shares of HubSpot stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $810.00, for a total transaction of $6,885,000.00. Following the sale, the insider now owns 524,751 shares in the company, valued at approximately $425,048,310. This represents a 1.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 19,382 shares of company stock worth $13,415,657 over the last quarter. Corporate insiders own 4.50% of the company’s stock.

HubSpot Stock Performance

Shares of HUBS stock opened at $500.79 on Friday. HubSpot, Inc. has a fifty-two week low of $434.84 and a fifty-two week high of $881.13. The company has a market cap of $26.12 billion, a PE ratio of 5,564.93, a P/E/G ratio of 41.44 and a beta of 1.82. The stock’s fifty day moving average price is $688.31 and its two-hundred day moving average price is $659.95.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, February 12th. The software maker reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $2.18 by ($1.98). HubSpot had a negative return on equity of 0.07% and a net margin of 0.17%. On average, equities analysts predict that HubSpot, Inc. will post 1.01 EPS for the current fiscal year.

HubSpot Profile

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.