Hamilton Lane Advisors buys $3,880,626 stake in HubSpot Inc (HUBS)

HubSpot Inc (HUBS) : Hamilton Lane Advisors scooped up 9,893 additional shares in HubSpot Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm now holds a total of 92,286 shares of HubSpot Inc which is valued at $3,880,626.HubSpot Inc makes up approximately 1.83% of Hamilton Lane Advisors’s portfolio.

HubSpot Inc opened for trading at $42.38 and hit $44.445 on the upside on Monday, eventually ending the session at $43.52, with a gain of 3.50% or 1.47 points. The heightened volatility saw the trading volume jump to 4,96,316 shares. Company has a market cap of $1,510 M.

On the company’s financial health, HubSpot Inc reported $-0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Feb 10, 2016. Analyst had a consensus of $-0.17. The company had revenue of $53.10 million for the quarter, compared to analysts expectations of $50.35 million. The company’s revenue was up 55.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.25 EPS.

HubSpot Inc. (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications which include social media search engine optimization blogging Website content management marketing automation email CRM analytics and reporting. HubSpot’s platform is a multi-tenant single code-based software-as-a-service delivered through Web browsers or mobile applications. HubSpot offers applications which include Content Optimization System (COS) Search Engine Optimization (SEO) Social Inbox Marketing Automation and Email Sidekick CRM Sync HubSpot CRM and Reporting and Analytics. The Company sells three product plans which include HubSpot Basic HubSpot Pro and HubSpot Enterprise. HubSpot offers professional services and support over the phone and via Web meeting technology.

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