KD Logo

Recent Insider Activity Suggests Potential Gains for HubSpot Inc (HUBS)

HubSpot Inc’s recent filing unveils that its Executive Chair Halligan Brian unloaded Company’s shares for reported $4.25 million on Aug 20 ’24. In the deal valued at $499.43 per share,8,500 shares were sold. As a result of this transaction, Halligan Brian now holds 518,152 shares worth roughly $258.59 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Bueker Kathryn sold 514 shares, generating $257,000 in total proceeds. Upon selling the shares at $500.00, the Chief Financial Officer now owns 43,687 shares.

Before that, Halligan Brian bought 8,500 shares. HubSpot Inc shares valued at $4,245,155 were divested by the Officer at a price of $499.43 per share.

KeyBanc Capital Markets upgraded its HubSpot Inc [HUBS] rating to a Sector weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in early May has reiterated a ‘”an Outperform”‘ rating for it. KeyBanc Capital Markets began covering HUBS with “an Underweight” recommendation on March 21, 2024. Piper Sandler revised its rating on December 12, 2023. It rated HUBS as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of HUBS

On Friday, HubSpot Inc [NYSE:HUBS] saw its stock fall -0.20% to $499.07. Over the last five days, the stock has lost -0.80%. HubSpot Inc shares have fallen nearly -14.03% since the year began. Nevertheless, the stocks have fallen -5.98% over the past one year. While a 52-week high of $693.85 was reached on 04/04/24, a 52-week low of $407.23 was recorded on 08/05/24. SMA at 50 days reached $508.47, while 200 days put it at $568.97.

Levels Of Support And Resistance For HUBS Stock

The 24-hour chart illustrates a support level at 493.04, which if violated will result in even more drops to 487.02. On the upside, there is a resistance level at 505.82. A further resistance level may holdings at 512.58. The Relative Strength Index (RSI) on the 14-day chart is 51.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.34%. Stochastics %K at 76.31% indicates the stock is a holding.

How much short interest is there in HubSpot Inc?

A steep rise in short interest was recorded in HubSpot Inc stocks on 2024-08-15, dropping by 40091.0 shares to a total of 0.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 0.91 million shares. There was a decline of -4.6%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on November 30, 2023 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $540.

Most Popular