Aviso Wealth Management Raises Holdings in HubSpot, Inc. (NYSE:HUBS)

Aviso Wealth Management increased its position in HubSpot, Inc. (NYSE:HUBS) by 26.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,762 shares of the software maker’s stock after buying an additional 367 shares during the quarter. Aviso Wealth Management’s holdings in HubSpot were worth $936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in HUBS. HM Payson & Co. grew its stake in shares of HubSpot by 36.0% during the third quarter. HM Payson & Co. now owns 68 shares of the software maker’s stock valued at $36,000 after acquiring an additional 18 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in HubSpot by 19.5% in the second quarter. Hazlett Burt & Watson Inc. now owns 153 shares of the software maker’s stock worth $91,000 after acquiring an additional 25 shares during the last quarter. V Square Quantitative Management LLC raised its holdings in shares of HubSpot by 3.0% during the third quarter. V Square Quantitative Management LLC now owns 929 shares of the software maker’s stock valued at $494,000 after buying an additional 27 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in shares of HubSpot by 2.8% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,114 shares of the software maker’s stock valued at $698,000 after buying an additional 30 shares during the last quarter. Finally, Quent Capital LLC raised its holdings in shares of HubSpot by 13.0% during the second quarter. Quent Capital LLC now owns 261 shares of the software maker’s stock valued at $154,000 after buying an additional 30 shares during the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at HubSpot

In related news, insider Dawson Alyssa Harvey sold 573 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $700.00, for a total value of $401,100.00. Following the sale, the insider now owns 7,603 shares of the company’s stock, valued at $5,322,100. The trade was a 7.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Kathryn Bueker sold 1,136 shares of the company’s stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $525.84, for a total transaction of $597,354.24. Following the completion of the sale, the chief financial officer now directly owns 41,259 shares in the company, valued at approximately $21,695,632.56. The trade was a 2.68 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,891 shares of company stock valued at $6,662,473 over the last quarter. 4.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on HUBS shares. UBS Group lifted their price target on HubSpot from $550.00 to $650.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Evercore ISI lifted their price target on shares of HubSpot from $610.00 to $700.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. Canaccord Genuity Group lifted their price target on shares of HubSpot from $600.00 to $710.00 and gave the stock a “buy” rating in a research report 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 report on Thursday, November 7th. Finally, Raymond James decreased their price target on shares of HubSpot from $725.00 to $675.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. Five investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat.com, HubSpot currently has an average rating of “Moderate Buy” and a consensus target price of $672.68.

HubSpot Trading Down 2.8 %

HUBS stock opened at $677.07 on Monday. The firm has a market cap of $34.95 billion, a PE ratio of -2,507.67, a PEG ratio of 82.30 and a beta of 1.63. HubSpot, Inc. has a 1 year low of $434.84 and a 1 year high of $724.61. The company has a fifty day simple moving average of $554.78 and a 200 day simple moving average of $547.76.

HubSpot (NYSE:HUBS) last released its earnings results on Wednesday, November 6th. The software maker reported $2.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.27. HubSpot had a negative net margin of 0.56% and a negative return on equity of 1.16%. The firm had revenue of $669.72 million during the quarter, compared to analyst estimates of $646.97 million. During the same quarter in the previous year, the business earned ($0.04) EPS. The business’s revenue was up 20.1% on a year-over-year basis. As a group, analysts forecast that HubSpot, Inc. will post 0.4 EPS for the current fiscal year.

HubSpot Company 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.