HubSpot (NYSE: HUBS – Get a review) had its target price lowered by Mizuho stock analysts from $625.00 to $450.00 in a research note released on Friday, reports The Fly. The brokerage currently has a “buy” rating on the software maker’s stock. Mizuho’s price target indicates a potential upside of 34.40% from the company’s previous close.

Other analysts have also recently released reports on the stock. Stifel Nicolaus lowered his price target on HubSpot shares from $850.00 to $700.00 and set a “buy” rating on the stock in a Monday, March 21 report. Truist Financial cut its price target on HubSpot shares from $900.00 to $700.00 and set a “buy” rating on the stock in a Friday, Feb. 11 research note. StockNews.com assumed stock coverage from HubSpot in a Thursday, March 31 report. They have set a “holding” rating on the stock. Cowen reduced his target price on HubSpot shares from $750.00 to $700.00 in a Thursday, April 21 research report. Finally, TheStreet downgraded HubSpot’s shares from a “c” rating to a “d+” rating in a Friday, February 11 research report. Three analysts gave the stock a hold rating, nineteen gave the company a buy rating and one gave the company a high buy rating. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $698.79.

HubSpot stock traded at $6.40 during Friday’s trading, hitting $334.81. 7,934 shares of the company were traded, against an average volume of 582,440. The company has a debt ratio of 0.44, a quick ratio of 2.35 and a current ratio of 2.35. The company’s 50-day moving average is $446.15 and its two-hundred-day moving average is $578.99. The company has a market capitalization of $15.98 billion, a price-earnings ratio of -198.16 and a beta of 1.70. HubSpot has a 52-week low of $333.71 and a 52-week high of $866.00.

HubSpot (NYSE:HUBS – Get Rating) last released its results on Thursday, May 5. The software maker reported EPS of $0.54 for the quarter, beating analyst consensus estimates of $0.47 by $0.07. The company posted revenue of $395.60 million for the quarter, versus a consensus estimate of $383.05 million. HubSpot had a negative net margin of 5.98% and a negative return on equity of 7.63%. The company’s revenue for the quarter increased 40.6% year over year. During the same period of the previous year, the company achieved EPS of ($0.29). Analysts expect HubSpot to post -2.7 EPS for the current year.

In related news, insider Brian Halligan sold 11,520 shares of the company in a trade on Tuesday, March 15. The shares were sold at an average price of $392.80, for a total value of $4,525,056.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, accessible via the SEC’s website. Additionally, CEO Yamini Rangan sold 874 shares in a trade dated Tuesday, April 19. The stock was sold at an average price of $450.00, for a total transaction of $393,300.00. Following the transaction, the CEO now owns 59,650 shares of the company, valued at $26,842,500. The disclosure of this sale can be found here. During the last quarter, insiders sold 12,594 shares of the company worth $5,011,758. 8.30% of the shares are currently held by company insiders.

Several hedge funds have recently changed their holdings in HUBS. Kaizen Financial Strategies increased its stake in HubSpot shares by 7.5% in the first quarter. Kaizen Financial Strategies now owns 430 shares of the software maker valued at $204,000 after buying 30 more shares last quarter. IFM Investors Pty Ltd increased its stake in HubSpot by 18.9% in the first quarter. IFM Investors Pty Ltd now owns 6,957 shares of the software maker worth $3,304,000 after buying an additional 1,105 shares during the period. Washington Trust Advisors Inc. increased its position in HubSpot by 29.4% in the first quarter. Washington Trust Advisors Inc. now owns 251 shares of the software maker worth $119,000 after buying 57 more shares in the last quarter. LA Financière DE L’Echiquier acquired a new equity stake in HubSpot during the 1st quarter at a value of $10,164,000. Finally, New York State Common Retirement Fund increased its stake in HubSpot by 22.8% in the 1st quarter. The New York State Common Retirement Fund now owns 142,284 shares of the software maker worth $67,576,000 after acquiring 26,447 additional shares during the period. 91.82% of the shares are currently held by institutional investors.

HubSpot company profile (Get a rating)

HubSpot, Inc provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and Asia-Pacific. The company’s CRM platform includes marketing, sales, service and content management systems, as well as integrated applications, such as search engine optimization, blogging, content management website, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, knowledge base, commerce, conversation routing, video hosting, ticketing tools and support, NPS customer surveys, analytics and reports.

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