Vista Equity Partners Management LLC Acquires 37,888 Shares of HubSpot Inc (NYSE:HUBS)

Vista Equity Partners Management LLC increased its holdings in HubSpot Inc (NYSE:HUBS) by 40.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 131,366 shares of the software maker’s stock after acquiring an additional 37,888 shares during the period. HubSpot makes up about 2.0% of Vista Equity Partners Management LLC’s holdings, making the stock its 10th largest holding. Vista Equity Partners Management LLC owned approximately 0.33% of HubSpot worth $16,517,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its stake in HubSpot by 3.1% in the third quarter. Vanguard Group Inc. now owns 3,171,764 shares of the software maker’s stock valued at $478,778,000 after buying an additional 95,762 shares in the last quarter. Vanguard Group Inc grew its holdings in shares of HubSpot by 3.1% during the third quarter. Vanguard Group Inc now owns 3,171,764 shares of the software maker’s stock worth $478,778,000 after purchasing an additional 95,762 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of HubSpot by 164.5% during the third quarter. Capital Research Global Investors now owns 1,900,059 shares of the software maker’s stock worth $286,814,000 after buying an additional 1,181,611 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of HubSpot by 2.2% during the fourth quarter. Jennison Associates LLC now owns 963,745 shares of the software maker’s stock worth $121,172,000 after buying an additional 20,323 shares during the last quarter. Finally, Scge Management L.P. grew its holdings in shares of HubSpot by 10.4% during the third quarter. Scge Management L.P. now owns 878,650 shares of the software maker’s stock worth $132,632,000 after buying an additional 83,000 shares during the last quarter. Institutional investors own 96.77% of the company’s stock.

In other HubSpot news, insider Hunter Madeley sold 1,005 shares of the business’s stock in a transaction on Monday, February 4th. The shares were 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 at this link. Also, CEO Brian Halligan sold 25,000 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $168.73, for a total transaction of $4,218,250.00. Following the completion of the transaction, the chief executive officer now owns 777,390 shares in the company, valued at approximately $131,169,014.70. 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 owned by corporate insiders.

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

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Tuesday, February 12th. The software maker reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.17) by $0.54. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. The firm had revenue of $144.02 million during the quarter, compared to the consensus estimate of $137.48 million. During the same period in the previous year, the firm posted $0.12 EPS. The company’s quarterly revenue was up 35.2% compared to the same quarter last year. As a group, research analysts expect that HubSpot Inc will post -1.09 EPS for the current fiscal year.

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

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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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