How Analysts Feel About Hubspot Incorporated (NYSE:HUBS) After Increase in Sellers?

Further HubSpot's main challenge is maintaining a sales growth rate that will support its valuation

Further HubSpot's main challenge is maintaining a sales growth rate that will support its valuation

Accern also gave headlines about the software maker an impact score of 45.1199203217108 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Finally, Bank of New York Mellon Corp raised its position in HubSpot by 24.9% in the first quarter. Russell Investments Group Ltd. purchased a new stake in HubSpot during the fourth quarter worth $1,428,000. Point72 Asia Hong Kong Ltd raised its position in HubSpot by 153.1% in the first quarter. UBS Asset Management Americas has an ownership of 12,862 stocks of the software maker's shares valued at $779,000 after scooping up an extra 7,662 shares through out the quarter. Teza Capital Management LLC purchased a new position in HubSpot during the first quarter valued at $250,000. Independent Portfolio Consultants Inc. now owns 2,903 shares of the software maker's stock worth $191,000 after buying an additional 1,823 shares during the last quarter. The company's stock had a trading volume of 262,752 shares. J Goldman Lp has 0.16% invested in HubSpot Inc (NYSE:HUBS) for 52,680 shares.

Among 21 analysts covering Hubspot Inc (NYSE:HUBS), 19 have Buy rating, 0 Sell and 2 Hold. The company has a 50-day moving average price of $69.85 and a 200-day moving average price of $64.98. Cowen and Company reissued a market perform recommendation and fixed a $63.00 price objective (up prior from $53.00) on stocks of HubSpot in a study note published on early Thur, May 4th.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.08. The company issued revenue guidance of $362.8-$364.8 million, compared to the consensus revenue estimate of $358.41 million.HubSpot also updated its Q3 guidance to ($0.10)-($0.08) EPS. HubSpot had a negative net margin of 13.17% and a negative return on equity of 27.99%. The business's revenue was up 37.1% on a year-over-year basis. HubSpot's revenue was up 37.1% compared to the same quarter past year. On average, analysts anticipate that HubSpot will post $0.05 EPS for the current year. United Kingdom-based Cantab Prtn Llp has invested 0% in HubSpot Inc (NYSE:HUBS). Independent Portfolio Consultants Inc. raised its position in HubSpot by 168.8% in the second quarter. First Trust Advisors LP owned about 2.36% of HubSpot worth $56,662,000 as of its most recent SEC filing. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and global trademark and copyright laws. The legal version of this article can be accessed at BidaskClub downgraded HubSpot from a "strong-buy" rating to a "buy" rating in a research report on Friday. Zacks Investment Research upgraded shares of HubSpot from a "hold" rating to a "buy" rating and set a $75.00 price target for the company in a research report on Monday, May 1st. Oppenheimer Holdings, Inc. set a $80.00 target price on HubSpot and gave the stock a buy rating in a research note on Thursday, August 3rd. CIBC reiterated a "buy" rating and set a $78.00 price objective on shares of HubSpot in a report on Thursday, May 4th. They issued a buy rating and a $81.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of $72.19.

In other news, CEO Brian Halligan sold 25,000 shares of HubSpot stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $64.75, for a total transaction of $1,618,750.00. Following the transaction, the chief executive officer now directly owns 806,787 shares of the company's stock, valued at $52,239,458.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The shares were sold at an average price of $73.95, for a total value of $73,950.00. Following the sale, the director now owns 2,164 shares in the company, valued at approximately $141,201. The disclosure for this sale can be found here. Fmr Ltd Liability owns 5.34 million shares or 0.03% of their USA portfolio.

KeyBanc Capital Markets maintained HubSpot Inc (NYSE:HUBS) rating on Sunday, July 30. The Company's software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into clients and delight clients so that they become promoters of those businesses.

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