HubSpot Inc (NYSE:HUBS) Holdings Increased by California State Teachers Retirement System

California State Teachers Retirement System raised its stake in HubSpot Inc (NYSE:HUBS) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,032 shares of the software maker’s stock after purchasing an additional 2,562 shares during the period. California State Teachers Retirement System owned 0.15% of HubSpot worth $7,296,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Ffcm LLC acquired a new stake in shares of HubSpot during the fourth quarter worth $25,000. CWM LLC acquired a new stake in HubSpot in the fourth quarter valued at $40,000. First Hawaiian Bank acquired a new stake in HubSpot in the fourth quarter valued at $43,000. Mckinley Capital Management LLC Delaware acquired a new stake in HubSpot in the fourth quarter valued at $51,000. Finally, DekaBank Deutsche Girozentrale lifted its holdings in HubSpot by 85.6% in the third quarter. DekaBank Deutsche Girozentrale now owns 835 shares of the software maker’s stock valued at $119,000 after acquiring an additional 385 shares during the period. Institutional investors own 96.77% of the company’s stock.

Shares of HubSpot stock traded down $0.81 during trading on Monday, hitting $165.19. The stock had a trading volume of 341,231 shares, compared to its average volume of 590,071. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 1.30. The firm has a market cap of $6.58 billion, a price-to-earnings ratio of -161.95 and a beta of 1.90. HubSpot Inc has a fifty-two week low of $101.45 and a fifty-two week high of $180.00.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Tuesday, February 12th. The software maker reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.17) by $0.54. The business had revenue of $144.02 million during the quarter, compared to analyst estimates of $137.48 million. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. The company’s revenue was up 35.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.12 earnings per share. Analysts anticipate that HubSpot Inc will post -1.09 earnings per share for the current fiscal year.

A number of research analysts have recently weighed in on HUBS shares. Zacks Investment Research cut HubSpot from a “buy” rating to a “hold” rating in a research report on Thursday, January 10th. Stephens initiated coverage on HubSpot in a research report on Thursday, January 17th. They set an “overweight” rating and a $191.00 price objective for the company. Bank of America reaffirmed a “buy” rating and issued a $185.00 price objective (up from $180.00) on shares of HubSpot in a research note on Wednesday, January 23rd. UBS Group lowered HubSpot from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 24th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of HubSpot in a research note on Thursday, January 24th. Eight equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $175.31.

In other HubSpot news, insider Hunter Madeley sold 1,005 shares of the company’s stock in a transaction dated Monday, February 4th. The stock was sold at an average price of $160.54, for a total value of $161,342.70. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel John P. Kelleher sold 389 shares of the company’s stock in a transaction dated Monday, February 4th. The stock was sold at an average price of $160.54, for a total value of $62,450.06. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 87,895 shares of company stock valued at $14,671,594. 9.60% of the stock is currently owned by company insiders.

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HubSpot Profile

HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. The company's software platform includes integrated applications, such as customer relationship management, search engine optimization, blogging, Website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.

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Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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