First National Corp MA ADV Makes New $240,000 Investment in HubSpot, Inc. (NYSE:HUBS)

First National Corp MA ADV bought a new stake in shares of HubSpot, Inc. (NYSE:HUBS) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 345 shares of the software maker’s stock, valued at approximately $240,000.

A number of other large investors also recently made changes to their positions in HUBS. GDS Wealth Management purchased a new position in HubSpot during the third quarter valued at approximately $2,149,000. Pallas Capital Advisors LLC acquired a new stake in shares of HubSpot during the 3rd quarter valued at $624,000. Icon Wealth Advisors LLC grew its holdings in shares of HubSpot by 3,346.2% during the 3rd quarter. Icon Wealth Advisors LLC now owns 21,091 shares of the software maker’s stock valued at $11,212,000 after acquiring an additional 20,479 shares in the last quarter. Curi RMB Capital LLC increased its stake in shares of HubSpot by 15.1% in the third quarter. Curi RMB Capital LLC now owns 7,143 shares of the software maker’s stock worth $3,797,000 after acquiring an additional 937 shares during the last quarter. Finally, Advantage Alpha Capital Partners LP raised its holdings in shares of HubSpot by 113.4% during the third quarter. Advantage Alpha Capital Partners LP now owns 18,666 shares of the software maker’s stock worth $9,923,000 after acquiring an additional 9,919 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Stifel Nicolaus boosted their target price on HubSpot from $750.00 to $880.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Scotiabank increased their price objective on HubSpot from $700.00 to $825.00 and gave the stock a “sector outperform” rating in a report on Wednesday, January 8th. The Goldman Sachs Group lifted their target price on shares of HubSpot from $626.00 to $690.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. UBS Group lowered shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 17th. Finally, Oppenheimer lifted their price objective on shares of HubSpot from $625.00 to $740.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Six equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat.com, HubSpot presently has a consensus rating of “Moderate Buy” and a consensus price target of $732.88.

HubSpot Stock Performance

NYSE HUBS opened at $772.05 on Monday. The company’s fifty day moving average is $729.04 and its two-hundred day moving average is $611.36. HubSpot, Inc. has a 52-week low of $434.84 and a 52-week high of $811.79.

Insider Activity at HubSpot

In related news, CEO Yamini Rangan sold 3,057 shares of the company’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 directly owns 54,079 shares in the company, valued at approximately $37,941,285.61. This represents a 5.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Lorrie M. Norrington sold 572 shares of HubSpot stock in a transaction on Friday, December 20th. The stock was sold at an average price of $690.00, for a total transaction of $394,680.00. Following the sale, the director now owns 1,697 shares in the company, valued at $1,170,930. This represents a 25.21 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 78,066 shares of company stock worth $54,900,427. Company insiders own 4.50% of the company’s stock.

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.