Breaking: Morgan Stanley Maintains $148 PT On HubSpot (NYSE:HUBS) Shares, Maintains Their Original “Equal-Weight” Rating

September 8, 2018 - By Pearl Odom

HubSpot, Inc. (NYSE:HUBS) Logo

Investors sentiment decreased to 1.03 in Q1 2018. Its down 0.54, from 1.57 in 2017Q4. It turned negative, 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.

Invesco invested in 0.01% or 197,068 shares. California Pub Employees Retirement System holds 0.02% in HubSpot, Inc. (NYSE:HUBS) or 122,283 shares. 56,650 were accumulated by First Republic Investment Mngmt. Blackrock Inc has invested 0.01% in HubSpot, Inc. (NYSE:HUBS). Citadel Advsrs Lc stated it has 0% of its portfolio in HubSpot, Inc. (NYSE:HUBS). Engineers Gate Manager Limited Partnership reported 0.03% stake. Hennessy Advisors invested 0.04% of its portfolio in HubSpot, Inc. (NYSE:HUBS). Cubist Systematic Strategies Lc holds 0.02% or 2,600 shares. Citigroup Inc owns 917 shares for 0% of their portfolio. Wellington Management Grp Llp, a Massachusetts-based fund reported 2.77 million shares. Northern Corp has invested 0.01% of its portfolio in HubSpot, Inc. (NYSE:HUBS). Vanguard Gru Inc reported 2.91 million shares. Proshare Advsrs Limited Company holds 4,457 shares or 0% of its portfolio. Amundi Pioneer Asset Management reported 7,997 shares. Federated Invsts Pa invested in 11,597 shares or 0% of the stock.

Since March 20, 2018, it had 0 insider purchases, and 19 sales for $29.19 million activity. The insider Shah Dharmesh sold 23,000 shares worth $2.49 million. On Wednesday, June 20 the insider Halligan Brian sold $3.52 million. Kelleher John P. had sold 3,815 shares worth $495,950 on Tuesday, August 21. $3.36 million worth of HubSpot, Inc. (NYSE:HUBS) was sold by Sherman J Donald. Kinzer John also sold $124,282 worth of HubSpot, Inc. (NYSE:HUBS) on Friday, June 15. Herendeen Julia sold $54,407 worth of stock or 408 shares.

HubSpot (NYSE:HUBS) Rating Reaffirmed

Recently, In analysts report released on Friday morning, HubSpot (NYSE:HUBS) shares have had their “Equal-Weight” Rating reconfirmed by research professionals at Morgan Stanley, who currently has a $148 TP on company. This target by Morgan Stanley suggests the possibile downside of -2.57 % from the last stock close.

HubSpot, Inc. (NYSE:HUBS) Ratings Coverage

Among 9 analysts covering HubSpot (NYSE:HUBS), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. HubSpot has $160 highest and $115 lowest target. $127.75’s average target is -15.90% below currents $151.9 stock price. HubSpot had 12 analyst reports since March 8, 2018 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Thursday, September 6. The company was maintained on Thursday, August 2 by Morgan Stanley. The company was maintained on Thursday, September 6 by Canaccord Genuity. Raymond James maintained it with “Outperform” rating and $150 target in Monday, July 30 report. Bank of America maintained the shares of HUBS in report on Wednesday, April 18 with “Buy” rating. The firm earned “In-Line” rating on Monday, March 12 by Evercore. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Monday, April 23 report. Piper Jaffray maintained it with “Buy” rating and $12500 target in Monday, April 23 report. Stifel Nicolaus maintained it with “Buy” rating and $115 target in Monday, May 7 report. Canaccord Genuity maintained it with “Buy” rating and $13500 target in Friday, May 11 report.

The stock increased 3.16% or $4.65 during the last trading session, reaching $151.9. About 476,929 shares traded. HubSpot, Inc. (NYSE:HUBS) has risen 66.41% since September 8, 2017 and is uptrending. It has outperformed by 53.84% the S&P500.

Analysts await HubSpot, Inc. (NYSE:HUBS) to report earnings on November, 7. They expect $-0.40 earnings per share, down 122.22 % or $0.22 from last year’s $-0.18 per share. After $-0.33 actual earnings per share reported by HubSpot, Inc. for the previous quarter, Wall Street now forecasts 21.21 % negative EPS growth.

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 $5.89 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.

More important recent HubSpot, Inc. (NYSE:HUBS) news were published by: Bizjournals.com which released: “Drift announcements could heighten competition with HubSpot” on September 04, 2018, also Prnewswire.com published article titled: “HubSpot Releases All-in-One Video Functionality to Help Growing Businesses Create Authentic, Personalized Video”, Fool.com published: “How Innovative Is HubSpot?” on September 02, 2018. More interesting news about HubSpot, Inc. (NYSE:HUBS) was released by: Seekingalpha.com and their article: “Billion-Dollar Unicorns: HubSpot On A Growth Trajectory” with publication date: September 06, 2018.

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

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