Price Action to Note: HubSpot Inc’s Trend Up, Especially After Today’s Strong Session

Price Action to Note: HubSpot Inc's Trend Up, Especially After Today's Strong Session

The stock of HubSpot Inc (NYSE:HUBS) is a huge mover today! About 481,734 shares traded hands or 54.07% up from the average. HubSpot Inc (NYSE:HUBS) has risen 21.33% since April 5, 2016 and is uptrending. It has outperformed by 19.38% the S&P500.
The move comes after 7 months positive chart setup for the $1.78 billion company. It was reported on Nov, 7 by Barchart.com. We have $66.48 PT which if reached, will make NYSE:HUBS worth $409.40 million more.

HubSpot Inc (NYSE:HUBS) Ratings Coverage

Out of 13 analysts covering Hubspot Inc (NYSE:HUBS), 11 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 85% are positive. Hubspot Inc has been the topic of 18 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by JP Morgan given on Wednesday, August 5. The firm earned “Buy” rating on Wednesday, August 12 by Vetr. The firm has “Strong Buy” rating given on Friday, November 6 by Dougherty & Company. The stock of HubSpot Inc (NYSE:HUBS) has “Overweight” rating given on Tuesday, September 13 by KeyBanc Capital Markets. The stock of HubSpot Inc (NYSE:HUBS) has “Overweight” rating given on Thursday, September 10 by Morgan Stanley. The firm has “Outperform” rating by RBC Capital Markets given on Friday, June 10. On Wednesday, June 1 the stock rating was initiated by Piper Jaffray with “Overweight”. The firm has “Buy” rating given on Tuesday, July 19 by Stifel Nicolaus. As per Monday, April 4, the company rating was initiated by Summit Research. The company was upgraded on Monday, October 31 by JP Morgan.

According to Zacks Investment Research, “HubSpot, Inc. is an inbound marketing software platform that helps companies to attract visitors to their Websites, convert visitors into leads, and close leads into customers. Its software platform consists of integrated applications, such as social media, search engine optimization, blogging, and Website content management, marketing automation, email, and analytics and reporting. The Company provides marketing tools at grader.com and hosts a marketing community at inboundmarketing.com. HubSpot, Inc. is headquartered in Cambridge, Massachusetts.”

Insitutional Activity: The institutional sentiment decreased to 1.57 in Q2 2016. Its down 0.15, from 1.72 in 2016Q1. The ratio turned negative, as 24 funds sold all HubSpot Inc shares owned while 30 reduced positions. 33 funds bought stakes while 52 increased positions. They now own 30.39 million shares or 0.64% less from 30.58 million shares in 2016Q1.
Teacher Retirement Sys Of Texas reported 3,146 shares or 0% of all its holdings. The Pennsylvania-based Hershey Trust Co has invested 0% in HubSpot Inc (NYSE:HUBS). Waddell And Reed Inc holds 0.05% of its portfolio in HubSpot Inc (NYSE:HUBS) for 554,115 shares. Moreover, Fmr Ltd Liability Corp has 0.03% invested in HubSpot Inc (NYSE:HUBS) for 5.24 million shares. Bessemer Group reported 8,692 shares or 0% of all its holdings. Goldman Sachs Grp Inc has 59,667 shares for 0% of their US portfolio. Northern Trust accumulated 0% or 329,728 shares. Ameriprise reported 59,589 shares or 0% of all its holdings. Partners Limited Liability Corporation accumulated 0.19% or 56,100 shares. Hamilton Lane Advsr Lc accumulated 99,996 shares or 2.31% of the stock. Us Financial Bank De holds 0% of its portfolio in HubSpot Inc (NYSE:HUBS) for 1,765 shares. Wells Fargo & Mn last reported 1.67 million shares in the company. Matrix Viii Us Mngmt Co Ltd Liability has 761,347 shares for 6.41% of their US portfolio. Barclays Pcl last reported 0% of its portfolio in the stock. Moreover, Wade G W has 0.12% invested in HubSpot Inc (NYSE:HUBS) for 16,166 shares.

Insider Transactions: Since May 17, 2016, the stock had 0 insider buys, and 21 selling transactions for $10.82 million net activity. Kelleher John P. sold $1.35M worth of stock or 24,673 shares. $549,000 worth of shares were sold by Sherman J Donald on Thursday, September 1. 800 shares with value of $45,072 were sold by Madeley Hunter on Thursday, September 1. Another trade for 7,500 shares valued at $336,150 was made by Kinzer John on Tuesday, May 17. SKOK DAVID R sold 11,005 shares worth $501,644. $2.29 million worth of HubSpot Inc (NYSE:HUBS) was sold by Shah Dharmesh on Monday, August 8. $846,800 worth of shares were sold by Halligan Brian on Friday, July 1.

More recent HubSpot Inc (NYSE:HUBS) news were published by: Prnewswire.com which released: “HubSpot Reports Q3 2016 Results” on November 02, 2016. Also Streetinsider.com published the news titled: “Form 4 HUBSPOT INC For: Nov 01 Filed by: Sherman J Donald” on November 04, 2016. Nasdaq.com‘s news article titled: “Is HubSpot, Inc. (HUBS) Stock a Solid Choice Right Now?” with publication date: October 24, 2016 was also an interesting one.

HUBS Company Profile

HubSpot, Inc. (HubSpot), incorporated on April 4, 2005, provides a cloud marketing and sales software platform. The Company’s software platform features integrated applications, which include social media, search engine optimization (SEO), blogging, Website content management, marketing automation, e-mail, customer relationship management (CRM), analytics and reporting. The Firm sells three product plans HubSpot Basic, HubSpot Pro and HubSpot Enterprise. The Company’s HubSpot Basic plan includes its platform with applications, such as blogging, landing pages, Social Inbox, e-mail marketing, and analytics and reporting. The Company’s HubSpot Pro plan includes the platform with all the applications included in HubSpot Basic and applications, such as CRM integration, marketing automation and smart content. The Company’s HubSpot Enterprise plan includes its platform with all the applications included in HubSpot Pro and applications, such as A/B testing and optimization, tracking custom events and reporting capabilities. It also sells applications on an add-on basis, including Website, Sidekick, Sidekick for Business, Ads and Reports. It also offers professional services and support. It has approximately 18,120 clients in over 90 countries spanning various industries.

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