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CAMBRIDGE, MA—Rangan Yamini, Chief Executive Officer and President of HubSpot Inc . (NYSE:HUBS), has recently sold shares of the company’s stock, according to a filing with the Securities and Exchange Commission. The transactions, conducted on June 3, were part of a prearranged 10b5-1 trading plan. The software company, currently valued at $31.64 billion, has been showing impressive gross profit margins of 84.83%, according to InvestingPro data.
Yamini sold a total of 613 shares of HubSpot common stock, with prices ranging from $593.48 to $600 per share. The total value of these sales amounted to approximately $364,689. The stock, which InvestingPro analysis indicates is trading above its Fair Value, has shown volatile price movements, with analyst targets ranging from $645 to $910.
In addition to these sales, the report also noted that 1,145 shares were disposed of on June 2 to cover taxes related to the settlement of restricted stock units. These shares were withheld by the issuer at a price of $592.02 each, totaling $677,862.
Following these transactions, Yamini holds 69,935 shares directly, with an additional 8,170 shares held indirectly by a trust for which she acts as trustee.
In other recent news, HubSpot has launched a deep research connector with ChatGPT, enhancing its CRM platform for over 250,000 businesses. This integration aims to streamline customer data analysis, providing actionable insights for marketing, sales, customer success, and support teams. Meanwhile, Cantor Fitzgerald initiated coverage of HubSpot with an Overweight rating, setting a price target of $775, citing the company’s strategic positioning and growth potential within the CRM industry. William Blair maintained an Outperform rating, emphasizing HubSpot’s strong market valuation and potential to emerge as a long-term leader. Additionally, Citi raised its price target for HubSpot to $759, maintaining a Buy rating after the company reported solid first-quarter results for 2025 with revenue growth exceeding consensus. RBC Capital also reaffirmed its positive stance on HubSpot, keeping an Outperform rating with a price target of $800, despite some impact from foreign exchange fluctuations. These developments reflect ongoing confidence in HubSpot’s growth strategy and AI integration efforts.
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