In a filing, HubSpot Inc revealed its Officer Shah Dharmesh acquired Company’s shares for reported $18.5 million on Dec 17 ’24. In the deal valued at $739.89 per share,25,000 shares were bought.
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, Halligan Brian bought 8,500 shares, generating $6,202,025 in total proceeds.
Before that, Shah Dharmesh sold 25,000 shares. HubSpot Inc shares valued at $18,192,999 were divested by the Chief Technology Officer at a price of $727.72 per share. As a result of the transaction, Shah Dharmesh now holds 1,298,145 shares, worth roughly $962.8 million.
BMO Capital Markets reiterated its HubSpot Inc [HUBS] rating to an Outperform in a research note published on November 07, 2024; the price target was $690. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in early November from “an Overweight” to “a Neutral”. KeyBanc Capital Markets also remained covering HUBS and has increased its forecast on August 08, 2024 with a “Sector weight” recommendation from previously “an Underweight” rating. BMO Capital Markets maintained its rating on May 09, 2024. It rated HUBS as “an Outperform”.
Price Performance Review of HUBS
On Tuesday, HubSpot Inc [NYSE:HUBS] saw its stock fall -0.70% to $741.67. Over the last five days, the stock has gained 2.92%. HubSpot Inc shares have risen nearly 27.76% since the year began. Nevertheless, the stocks have risen 32.98% over the past one year. While a 52-week high of $762.47 was reached on 12/04/24, a 52-week low of $434.84 was recorded on 08/05/24. SMA at 50 days reached $642.72, while 200 days put it at $583.23.
Levels Of Support And Resistance For HUBS Stock
The 24-hour chart illustrates a support level at 731.48, which if violated will result in even more drops to 721.28. On the upside, there is a resistance level at 749.94. A further resistance level may holdings at 758.20. The Relative Strength Index (RSI) on the 14-day chart is 62.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 36.33%. Stochastics %K at 55.19% 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 2024-11-29, dropping by 61887.0 shares to a total of 0.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.04 million shares. There was a decline of -6.35%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 21, 2024 when KeyBanc Capital Markets began covering the stock and recommended ‘”an Underweight”‘ rating along with a $520 price target.