.png "HubSpot (NYSE: HUBS)")
Today it was reported that the CEO of HubSpot (HUBS), Brian Halligan, exercised options to buy 99,958 HUBS shares at $1.53 a share, for a total transaction value of $152.9K.
Following Brian Halligan’s last HUBS Buy transaction on February 21, 2017, the stock climbed by 102.0%. This recent transaction increases Brian Halligan’s holding in the company by 14.64% to a total of $128 million.
See today’s analyst top recommended stocks >>
Based on HubSpot’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $132 million and GAAP net loss of $18.66 million. In comparison, last year the company earned revenue of $107 million and had a GAAP net loss of $11.54 million. The Company has a Price to Book ratio of 27.7760. Currently, HubSpot has an average volume of 723.3K.
One of the top 25 analysts, according to TipRanks.com, recently recommended Hold HUBS. Six different firms, including Merrill Lynch and Oppenheimer, currently also have a Buy rating on the stock. Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $153.75, reflecting a -6.6% downside.
The insider sentiment on HubSpot has been positive according to 139 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
HubSpot, Inc. provides cloud-based marketing and sales software platform that enables businesses to deliver an inbound experience. It operates through the following geographical segments: Americas, Europe, and Asia Pacific. The company was founded by Brian Halligan and Dharmesh Shah on April 4, 2005 and is headquartered in Cambridge, MA.
