Favorable Media Coverage Somewhat Unlikely to Impact HubSpot (HUBS) Share Price

UBS AG's price target would suggest a potential upside of 18.78% from the company's previous close.

Several analysts have recently issued reports on the company. CIBC reiterated a "buy" rating and set a $78.00 price objective on shares of HubSpot in a report on Thursday, May 4th. Finally, Summit Redstone reiterated a "hold" rating on shares of HubSpot in a research note on Thursday, August 3rd. KeyBanc Capital Markets has "Buy" rating and $8000 target. Cowen and Company reaffirmed a "market perform" rating and issued a $69.00 target price (up from $63.00) on shares of HubSpot in a research report on Friday, August 4th. Canaccord Genuity upped their price target on HubSpot from $80.00 to $83.00 and gave the stock a "buy" rating in a research note on Thursday, August 3rd. Morgan Stanley upped their price target on HubSpot from $78.00 to $80.00 and gave the stock an "overweight" rating in a research note on Thursday, July 20th. On Tuesday, June 27 the stock rating was initiated by Suntrust Robinson with "Buy".

HubSpot (HUBS) traded up 2.20% during midday trading on Wednesday, reaching $67.35. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,720 shares of the software maker's stock valued at $113,000 after buying an additional 994 shares during the last quarter. The company has market cap of $47.08 billion. HubSpot, Inc. has a 12 month low of $44.90 and a 12 month high of $78.50. Four brokerage firms recommended the company shares with a hold recommendation and twenty have issued a buy recommendation to The corporation. the share presently has a consensus rating of Buy and an average price objective of $72.19.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, August 2nd. The company had revenue of $89.10 million during the quarter, compared to the consensus estimate of $85.80 million. HubSpot's quarterly revenue was up 37.1% compared to the same quarter past year. Insiders sold a total of 57,899 shares of company stock worth $3,934,380 over the last quarter. During the same quarter in the previous year, the firm posted ($0.07) EPS.

TRADEMARK VIOLATION WARNING: This report was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this article on another publication, it was stolen and republished in violation of United States and worldwide copyright & trademark legislation. The correct version of this article can be viewed at https://www.baseball-news-blog.com/2017/08/13/first-trust-advisors-lp-has-56-66-million-stake-in-hubspot-inc-nysehubs.html.

In related news, CFO John Kinzer sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, May 15th. Following the sale, the chief executive officer now owns 806,787 shares in the company, valued at approximately $52,239,458.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Hunter Madeley sold 1,000 shares of the firm's stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $63.70, for a total value of $63,700.00. Following the transaction, the insider now directly owns 89,874 shares in the company, valued at $6,646,182.30. The disclosure for this sale can be found here. The fund acquired 4,157 shares of the software maker's stock, valued at approximately $252,000. Vanguard Group Inc. now owns 2,626,896 shares of the software maker's stock valued at $172,718,000 after buying an additional 97,869 shares during the period.

A number of institutional investors have recently bought and sold shares of the stock. Finally, Bank of New York Mellon Corp raised its position in HubSpot by 24.9% in the first quarter. ARK Investment Management LLC increased its stake in shares of HubSpot by 90.0% in the second quarter. The software maker reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.08. California Public Employees Retirement System increased its stake in shares of HubSpot by 2.2% in the second quarter. BlackRock Inc. now owns 2,130,883 shares of the software maker's stock valued at $129,025,000 after buying an additional 2,128,306 shares during the period. Solaris Asset Management LLC increased its position in HubSpot by 5.9% in the first quarter. FMR LLC now owns 5,481,280 shares of the software maker's stock valued at $360,394,000 after buying an additional 59,473 shares in the last quarter.

UBS AG reiterated their outperform rating on shares of HubSpot, Inc. The Company's software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into clients and delight clients so that they become promoters of those businesses.

Notícias recomendadas

  • OM : Sanson démarre sur le banc à Nantes

    Privé de Dimitri Payet, le tacticien olympien a choisi d'aligner Njie dans le couloir gauche. Morgan Sanson va démarrer la partie sur le banc à Nantes, au profit de Zambo Anguissa.
    Justin Bieber Pursues Girl on Instagram, Finds Out She's Taken!

    Justin Bieber Pursues Girl on Instagram, Finds Out She's Taken!

    The woman in question, Jessica Gober , found it hilariously flattering that the much-maligned singer wanted to get a little closer to her.
    GP Autriche-MotoGP: Dovizioso sur le fil, Zarco 5e

    GP Autriche-MotoGP: Dovizioso sur le fil, Zarco 5e

    Dovizioso faisait parler sa vitesse deux tours plus tard pour doubler une nouvelle fois Marquez, et assurer la première place. La manoeuvre ne porte finalement pas ses fruits et Dovizioso décroche son troisième succès de l'année pour 176 millièmes.
  • Tillerson Holds Talks on Security, Economic Issues at ASEAN Summit

    Tillerson Holds Talks on Security, Economic Issues at ASEAN Summit

    Chinese and ASEAN foreign ministers approved a negotiating framework for a code of conduct during a meeting at the weekend in the Philippines.
    Central Intelligence Agency  chief says 'nothing imminent' in US-North Korea standoff

    Central Intelligence Agency chief says 'nothing imminent' in US-North Korea standoff

    President Donald Trump has offered fiery warnings for North Korea, saying that the USA military was " locked and loaded ". New U.N. sanctions condemning North Korea's rapidly developing nuclear program drew fresh ire and threats from the North.
    Parents who lost new-born contradict Yogi government's claims

    Parents who lost new-born contradict Yogi government's claims

    He further blamed encephalitis as the root cause for children's death at BRD Medical College . The doctors at the hospital said that Sarika had died of cardio-respiratory failure.
  • Harper has bone bruise, Nats hopeful he's back this season

    Harper has bone bruise, Nats hopeful he's back this season

    Scherzer comes off of a 3-2 win (ND) versus the Miami Marlins where he allowed both runs and struck out nine in seven frames. He was the Reds' manager in 2012 when the Giants rattled off three consecutive elimination wins in Cincinnati.
    Bobby Vanderhall, Hampstead Man Bludgeons Mother, Sister, Third Woman To Death

    Bobby Vanderhall, Hampstead Man Bludgeons Mother, Sister, Third Woman To Death

    He allegedly used a hammer from the garage to break into the home, and then used the hammer to fatally bludgeon the three women. Police say Vanderhall has a history of mental problems and a rap sheet that includes DWI and sexual abuse charges.
    Olivier Giroud Passed Up Opportunity to Leave Arsenal, Arsene Wenger Says

    Olivier Giroud Passed Up Opportunity to Leave Arsenal, Arsene Wenger Says

    Hector Bellerin pulled the ball back to Mohamed Elneny to got a first time cross in for Lacazette to head Arsenal in front. Pushed on whether he thought Giroud could leave before the transfer window closes on August 31, Wenger replied: "No".
  • Burning Stock on the move: The Western Union Company (WU)

    The ex-dividend date of this dividend is Thurs, Sep 14th. this indicates a $0.70 dividend on a yearly basis and a payout of 3.55%. Finally, Integrated Investment Consultants LLC increased its stake in Western Union Company (The ) by 2.1% in the first quarter.
    Isaak, 82 ans, mort, enfermé dans un ascenseur

    Isaak, 82 ans, mort, enfermé dans un ascenseur

    Un homme de 82 ans a été retrouvé mort à Denver (Colorado) après avoir passé un mois coincé dans l'ascenseur d'un parking. L'octogénaire avait alors quitté sa maison de retraite pour aller récupérer son courrier à son immeuble de Denver.
    Mbappé sur le banc contre Dijon — Monaco

    Mbappé sur le banc contre Dijon — Monaco

    Peu avant le repos, Falcao inscrivait le troisième but de l'ASM d'une frappe limpide dans la lucarne du but de Reynet (37e). Dijon réduisait l'écart à quelques secondes de la pause via Said (43e).

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.