The CTO of HubSpot is Exercising Options


Today it was reported that the CTO of HubSpot (HUBS), Dharmesh Shah, exercised options to buy 439 HUBS shares at $1.53 a share, for a total transaction value of $671.

Following Dharmesh Shah’s last HUBS Buy transaction on March 25, 2015, the stock climbed by 141.7%.

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Based on HubSpot’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $152 million and GAAP net loss of $11.1 million. In comparison, last year the company earned revenue of $123 million and had a GAAP net loss of $18.23 million. Currently, HubSpot has an average volume of 618.9K. The Company has a Price to Book ratio of 12.5679.

Nine different firms, including Merrill Lynch and Goldman Sachs, currently also have a Buy rating on the stock. Based on 13 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $197.82, reflecting a 9.4% upside.

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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.

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