Hamilton Lane Advisors buys $4,924,803 stake in HubSpot Inc (HUBS)

HubSpot Inc (HUBS) : Hamilton Lane Advisors scooped up 7,710 additional shares in HubSpot Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 12, 2016. The investment management firm now holds a total of 99,996 shares of HubSpot Inc which is valued at $4,924,803.HubSpot Inc makes up approximately 2.31% of Hamilton Lane Advisors’s portfolio.

Other Hedge Funds, Including , Cutler Group Lp sold out all of its stake in HUBS during the most recent quarter. The investment firm sold 549 shares of HUBS which is valued $27,038. Alpha Windward added HUBS to its portfolio by purchasing 8,820 company shares during the most recent quarter which is valued at $408,631. HubSpot Inc makes up approx 0.29% of Alpha Windward’s portfolio. Bnp Paribas Arbitrage Sa added HUBS to its portfolio by purchasing 1,317 company shares during the most recent quarter which is valued at $61,017.

HubSpot Inc closed down -0.24 points or -0.46% at $51.52 with 2,26,047 shares getting traded on Friday. Post opening the session at $50.64, the shares hit an intraday low of $50.3037 and an intraday high of $51.58 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, HubSpot Inc reported $-0.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on May 4, 2016. Analyst had a consensus of $-0.17. The company had revenue of $58.96 million for the quarter, compared to analysts expectations of $55.34 million. The company’s revenue was up 54.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.18 EPS.

Many Wall Street Analysts have commented on HubSpot Inc. Company shares were Reiterated by Piper Jaffray on Jul 14, 2016 to “Overweight”, Firm has raised the Price Target to $ 65 from a previous price target of $60 .Needham Resumed HubSpot Inc on Jun 13, 2016 to “Buy”, Price Target of the shares are set at $60.RBC Capital Mkts Initiated HubSpot Inc on Jun 10, 2016 to “Outperform”, Price Target of the shares are set at $62.

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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