HubSpot Inc (NASDAQ:HUBS) CEO Brian Halligan sold 20,000 shares of HubSpot stock in a transaction dated Tuesday, January 19th. The shares were sold at an average price of $48.22, for a total transaction of $964,400.00. Following the sale, the chief executive officer now owns 808,858 shares in the company, valued at $39,003,132.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of HubSpot Inc (NASDAQ:HUBS) opened at 45.37 on Tuesday. The company’s market capitalization is $1.55 billion. HubSpot Inc has a 1-year low of $31.77 and a 1-year high of $60.11. The company’s 50 day moving average is $54.19 and its 200-day moving average is $51.02.

HubSpot (NASDAQ:HUBS) last released its quarterly earnings results on Wednesday, November 4th. The company reported ($0.27) EPS for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.05. The business had revenue of $47.70 million for the quarter, compared to the consensus estimate of $44.58 million. During the same period in the prior year, the business posted ($1.62) earnings per share. HubSpot’s revenue was up 56.7% compared to the same quarter last year. On average, equities research analysts forecast that HubSpot Inc will post ($0.80) EPS for the current year.

A hedge fund recently raised its stake in HubSpot stock. Hamilton Lane Advisors LLC raised its position in HubSpot Inc (NASDAQ:HUBS) by 26.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,393 shares of the company’s stock after buying an additional 17,015 shares during the period. HubSpot accounts for approximately 2.0% of Hamilton Lane Advisors LLC’s portfolio, making the stock its 15th largest position. Hamilton Lane Advisors LLC’s holdings in HubSpot were worth $4,640,000 at the end of the most recent reporting period.

A number of equities analysts have commented on HUBS shares. Dougherty & Co started coverage on shares of HubSpot in a research report on Friday, November 6th. They issued a “strong-buy” rating and a $76.00 price target on the stock. Zacks Investment Research upgraded shares of HubSpot from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a research report on Tuesday, November 10th. Rosenblatt Securities restated a “buy” rating and issued a $61.00 price target on shares of HubSpot in a research report on Friday, December 25th. Finally, Vetr upgraded shares of HubSpot from a “hold” rating to a “strong-buy” rating and set a $66.50 price target on the stock in a research report on Monday, November 9th. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. HubSpot presently has a consensus rating of “Buy” and an average price target of $61.46.

HubSpot, Inc. (NASDAQ:HUBS) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications, which include social media, search engine optimization, blogging, Website content management, marketing automation, email, CRM, analytics and reporting. HubSpot’s platform is a multi-tenant, single code-based, software-as-a-service delivered through Web browsers or mobile applications. HubSpot offers applications, which include Content Optimization System (COS), Search Engine Optimization (SEO), Social Inbox, Marketing Automation and Email, Sidekick, CRM Sync, HubSpot CRM and Reporting and Analytics. The Company sells three product plans, which include HubSpot Basic, HubSpot Pro and HubSpot Enterprise. HubSpot offers professional services and support over the phone and via Web meeting technology.

12 Month Chart for NASDAQ:HUBS

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