Shares of HubSpot Inc (NYSE:HUBS) have been given a consensus recommendation of “Buy” by the twenty-two ratings firms that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $85.86.

HUBS has been the topic of several research reports. Oppenheimer set a $91.00 price target on HubSpot and gave the company a “buy” rating in a research note on Wednesday, October 25th. UBS Group upped their price target on HubSpot from $84.00 to $103.00 and gave the company a “buy” rating in a research note on Thursday, November 9th. Canaccord Genuity upped their price target on HubSpot from $8,398.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Needham & Company LLC upped their price target on HubSpot to $95.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research raised HubSpot from a “hold” rating to a “buy” rating and set a $99.00 price target on the stock in a research note on Tuesday, January 2nd.

Shares of HubSpot (NYSE HUBS) traded up $4.05 during mid-day trading on Friday, hitting $95.10. The stock had a trading volume of 265,728 shares, compared to its average volume of 339,890. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $3,400.00, a PE ratio of -78.49 and a beta of 2.24. HubSpot has a 12 month low of $55.80 and a 12 month high of $102.30.

In other news, insider Hunter Madeley sold 7,000 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $95.35, for a total transaction of $667,450.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Julia Herendeen sold 1,000 shares of the firm’s stock in a transaction dated Friday, December 29th. The stock was sold at an average price of $89.15, for a total value of $89,150.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 35,000 shares of company stock worth $3,134,850. 12.10% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Virtu Financial LLC raised its position in shares of HubSpot by 98.1% during the fourth quarter. Virtu Financial LLC now owns 5,554 shares of the software maker’s stock worth $491,000 after purchasing an additional 2,751 shares during the period. UBS Asset Management Americas Inc. raised its position in shares of HubSpot by 10.7% during the fourth quarter. UBS Asset Management Americas Inc. now owns 19,427 shares of the software maker’s stock worth $1,717,000 after purchasing an additional 1,878 shares during the period. BlackRock Inc. raised its position in shares of HubSpot by 3.2% during the fourth quarter. BlackRock Inc. now owns 2,302,801 shares of the software maker’s stock worth $203,569,000 after purchasing an additional 71,538 shares during the period. Bank of New York Mellon Corp raised its position in shares of HubSpot by 10.6% during the fourth quarter. Bank of New York Mellon Corp now owns 2,395,691 shares of the software maker’s stock worth $211,779,000 after purchasing an additional 229,182 shares during the period. Finally, The Manufacturers Life Insurance Company raised its position in shares of HubSpot by 2.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 26,486 shares of the software maker’s stock worth $2,341,000 after purchasing an additional 636 shares during the period. 94.58% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://theolympiareport.com/2018/02/12/brokerages-set-hubspot-inc-hubs-pt-at-84-62.html.

HubSpot Company Profile

HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into customers and delight customers so that they become promoters of those businesses.

Analyst Recommendations for HubSpot (NYSE:HUBS)

Receive News & Ratings for HubSpot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HubSpot and related companies with MarketBeat.com's FREE daily email newsletter.