Could HubSpot, Inc. (HUBS) Lose its Strength? The Stock Reaches 52-Week High

June 14, 2018 - By Stephen Andrade

HubSpot, Inc. (NYSE:HUBS) Logo

Investors sentiment decreased to 1.03 in Q1 2018. Its down 0.54, from 1.57 in 2017Q4. It fall, as 19 investors sold HubSpot, Inc. shares while 68 reduced holdings. 42 funds opened positions while 48 raised stakes. 36.77 million shares or 0.16% more from 36.71 million shares in 2017Q4 were reported.
Keybank Natl Association Oh holds 4,977 shares or 0% of its portfolio. 4,457 were accumulated by Proshare Advsr Lc. Tower Ltd Liability Company (Trc) reported 3,458 shares. Winslow Evans & Crocker invested in 26 shares or 0% of the stock. Commerce Bancorp stated it has 8,357 shares or 0.01% of all its holdings. Welch Forbes reported 2,181 shares. Trexquant Ltd Partnership reported 18,073 shares. Wells Fargo & Com Mn holds 0.01% of its portfolio in HubSpot, Inc. (NYSE:HUBS) for 253,095 shares. Victory Cap Inc holds 254,990 shares or 0.06% of its portfolio. Vanguard Gp has 2.91 million shares for 0.01% of their portfolio. Canada Pension Plan Invest Board accumulated 0.01% or 62,000 shares. Clearbridge Investments Lc reported 0.05% in HubSpot, Inc. (NYSE:HUBS). Boothbay Fund Mngmt Limited Com holds 0.08% in HubSpot, Inc. (NYSE:HUBS) or 6,081 shares. Schwab Charles Investment Mgmt Incorporated stated it has 172,361 shares. Jabre Capital Prtnrs owns 48,800 shares.

Since December 15, 2017, it had 0 insider purchases, and 15 selling transactions for $18.02 million activity. 20,000 shares were sold by Kinzer John, worth $2.21 million. 25,000 shares were sold by Sherman J Donald, worth $2.95 million. Halligan Brian sold 22,500 shares worth $2.66 million. 21,000 shares were sold by Shah Dharmesh, worth $2.15 million. Herendeen Julia sold $55,217 worth of HubSpot, Inc. (NYSE:HUBS) on Monday, April 16.

The stock of HubSpot, Inc. (NYSE:HUBS) hit a new 52-week high and has $144.34 target or 7.00 % above today’s $134.90 share price. The 7 months bullish chart indicates low risk for the $5.18B company. The 1-year high was reported on Jun, 14 by Barchart.com. If the $144.34 price target is reached, the company will be worth $362.67M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.70% or $2.25 during the last trading session, reaching $134.9. About 316,033 shares traded. HubSpot, Inc. (NYSE:HUBS) has risen 66.41% since June 14, 2017 and is uptrending. It has outperformed by 53.84% the S&P500.

Analysts await HubSpot, Inc. (NYSE:HUBS) to report earnings on August, 1. They expect $-0.31 earnings per share, down 55.00 % or $0.11 from last year’s $-0.2 per share. After $-0.26 actual earnings per share reported by HubSpot, Inc. for the previous quarter, Wall Street now forecasts 19.23 % negative EPS growth.

HubSpot, Inc. (NYSE:HUBS) Ratings Coverage

Among 14 analysts covering HubSpot (NYSE:HUBS), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. HubSpot had 22 analyst reports since January 10, 2018 according to SRatingsIntel. Evercore downgraded HubSpot, Inc. (NYSE:HUBS) on Monday, March 12 to “In-Line” rating. The firm earned “Buy” rating on Wednesday, February 14 by Needham. The stock of HubSpot, Inc. (NYSE:HUBS) has “Hold” rating given on Wednesday, February 14 by Cowen & Co. The stock of HubSpot, Inc. (NYSE:HUBS) has “Buy” rating given on Friday, May 11 by Canaccord Genuity. The stock of HubSpot, Inc. (NYSE:HUBS) earned “Buy” rating by Piper Jaffray on Monday, April 23. JP Morgan maintained the shares of HUBS in report on Monday, February 12 with “Overweight” rating. Canaccord Genuity maintained the stock with “Buy” rating in Tuesday, February 13 report. The stock has “Buy” rating by RBC Capital Markets on Wednesday, January 17. The rating was maintained by Stifel Nicolaus on Wednesday, February 14 with “Buy”. The firm has “Buy” rating by Piper Jaffray given on Wednesday, February 14.

More news for HubSpot, Inc. (NYSE:HUBS) were recently published by: Fool.com, which released: “10 Reasons Why I’m Selling All of My Apple Stock” on June 10, 2018. Bizjournals.com‘s article titled: “HubSpot hires new CFO from Akamai” and published on June 13, 2018 is yet another important article.

HubSpot, Inc. provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. The company has market cap of $5.18 billion. The Company’s software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, CRM, analytics, and reporting that enables businesses to attract visitors to their Websites, convert visitors into leads, and close leads into clients and delight customers. It currently has negative earnings. The firm also offers professional, and phone and email support services.

HubSpot, Inc. (NYSE:HUBS) Institutional Positions Chart

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