Schroder Investment Management Group Increases Holdings in HubSpot, Inc. (NYSE:HUBS)

Schroder Investment Management Group boosted its position in HubSpot, Inc. (NYSE:HUBS) by 41.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,915 shares of the software maker’s stock after purchasing an additional 2,320 shares during the period. Schroder Investment Management Group’s holdings in HubSpot were worth $5,537,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Buying and Selling

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

HubSpot Trading Down 5.1 %

NYSE HUBS opened at $500.79 on Friday. The stock has a fifty day simple moving average of $688.31 and a 200-day simple moving average of $659.95. HubSpot, Inc. has a twelve month low of $434.84 and a twelve month high of $881.13. The stock 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.

HubSpot (NYSE:HUBS) last released its quarterly 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%. Research analysts predict that HubSpot, Inc. will post 1.01 EPS for the current year.

Analysts Set New Price Targets

HUBS has been the topic of several recent research reports. BMO Capital Markets upped their price objective on HubSpot from $690.00 to $885.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Stifel Nicolaus increased their price target on shares of HubSpot from $880.00 to $925.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Piper Sandler lifted their price objective on shares of HubSpot from $640.00 to $808.00 and gave the company a “neutral” rating in a report on Thursday, February 13th. The Goldman Sachs Group increased their price target on HubSpot from $783.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Finally, Sanford C. Bernstein began coverage on shares of HubSpot in a report on Thursday, March 20th. They set a “market perform” rating and a $693.00 price objective on the stock. 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 company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $848.58.

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.