52 Shares in HubSpot, Inc. (NYSE:HUBS) Purchased by Murphy & Mullick Capital Management Corp

Murphy & Mullick Capital Management Corp purchased a new stake in HubSpot, Inc. (NYSE:HUBS) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 52 shares of the software maker’s stock, valued at approximately $36,000.

Other hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of HubSpot in the 3rd quarter worth approximately $25,000. Larson Financial Group LLC raised its stake in shares of HubSpot by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 43 shares of the software maker’s stock valued at $30,000 after acquiring an additional 27 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of HubSpot by 73.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 45 shares of the software maker’s stock worth $31,000 after acquiring an additional 19 shares during the last quarter. Bank of Jackson Hole Trust bought a new position in HubSpot during the 4th quarter valued at about $35,000. Finally, Friedenthal Financial purchased a new stake in HubSpot in the 4th quarter worth about $50,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Brian Halligan sold 8,500 shares of the business’s stock in a transaction 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 sale, the insider now directly owns 524,751 shares of the company’s stock, valued at $425,048,310. The trade was a 1.59 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Yamini Rangan sold 3,057 shares of the firm’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $701.59, for a total value of $2,144,760.63. Following the completion of the transaction, the chief executive officer now owns 54,079 shares of the company’s stock, valued at $37,941,285.61. This trade represents a 5.35 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 21,853 shares of company stock valued at $15,453,396. 4.50% of the stock is currently owned by corporate insiders.

HubSpot Stock Down 2.5 %

NYSE HUBS opened at $593.32 on Friday. HubSpot, Inc. has a 52 week low of $434.84 and a 52 week high of $881.13. The company has a 50 day moving average price of $707.81 and a 200 day moving average price of $657.24. The firm has a market cap of $30.94 billion, a PE ratio of 6,593.13, a price-to-earnings-growth ratio of 41.44 and a beta of 1.80.

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

Analysts Set New Price Targets

Several research analysts have issued reports on HUBS shares. Redburn Atlantic started coverage on HubSpot in a research report on Wednesday, February 19th. They set a “buy” rating for the company. KeyCorp raised 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. Wells Fargo & Company increased their target price on HubSpot from $835.00 to $940.00 and gave the stock an “overweight” rating in a research note on Thursday, February 13th. Truist Financial reissued a “buy” rating and set a $900.00 target price (up from $750.00) on shares of HubSpot in a research note on Thursday, February 13th. Finally, Citigroup raised their price target on shares of HubSpot from $750.00 to $900.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Five analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, HubSpot currently has an average rating of “Moderate Buy” and an average target price of $848.58.

About HubSpot

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.