The President & COO of HubSpot is Exercising Options

By Carrie Williams

Today, the President & COO of HubSpot, Donald Sherman, exercised options of HubSpot for $136.1K.

Following Donald Sherman’s last HUBS Buy transaction on January 26, 2016, the stock climbed by 44.6%. Following this transaction Donald Sherman’s holding in the company was increased by 14.88% to a total of $7.37 million.

Based on HubSpot’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $97.73 million and GAAP net loss of $10.58 million. In comparison, last year the company earned revenue of $70.59 million and had a GAAP net loss of $10.52 million. The company has a one-year high of $93.53 and a one-year low of $45.70. Currently, HubSpot has an average volume of 302.8K.

21 different firms, including Merrill Lynch and BTIG, currently also have a Buy rating on the stock. Based on 11 analyst ratings, the analyst consensus is Strong Buy with an average price target of $94.7, reflecting a -7.2% downside.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

HubSpot, Inc. provides cloud-based marketing and sales software platform that enables businesses to deliver an inbound experience. Its software platform features integrated applications to help businesses to convert visitors into leads, close leads into customers and customers to become promoters of those businesses.