Fubotv earnings beat by $0.10, revenue topped estimates
CAMBRIDGE, Mass.—Brian Halligan, the Executive Chair of HubSpot Inc . (NYSE:HUBS), recently sold 8,500 shares of the company’s common stock. This transaction, executed on February 18, 2025, was carried out at a price of $810 per share, amounting to a total value of approximately $6.89 million. The sale price represents a premium to the current market price of $748, with the stock showing strong momentum after gaining over 58% in the past six months, according to InvestingPro data. This sale was part of a 10b5-1 trading plan adopted on June 3, 2024.
In addition to the sale, Halligan exercised stock options for 8,500 shares at a conversion price of $52.8 per share, reflecting a total transaction value of $448,800. Following these transactions, Halligan holds 524,751 shares of HubSpot common stock.
These transactions underline Halligan’s continued involvement in HubSpot, a leading provider of software solutions for marketing, sales, and customer service.
In other recent news, HubSpot Inc. has caught the attention of several major analyst firms following its robust financial performance. HubSpot reported a 20% revenue growth in constant currency for the fourth quarter of fiscal year 2024, alongside a billing growth of 21%. The company has also provided an initial fiscal year 2025 revenue growth guidance of 16%, which aligns with market expectations. RBC Capital Markets, impressed by HubSpot’s solid earnings report, raised its price target to $950, maintaining an Outperform rating, while noting improvements in small and medium-sized business optimism.
Stifel analysts also increased their price target to $925, maintaining a Buy rating, and highlighted HubSpot’s strategic initiatives, including a seat-based pricing model and AI integration. UBS adjusted its price target to $775, maintaining a Neutral rating, and acknowledged the company’s strong performance and potential for over 20% growth in fiscal year 2025. Meanwhile, TD Cowen increased its price target to $800, though it maintained a Hold rating, citing concerns about the slower pace of SKU upgrades.
Truist Securities raised its price target to $900, maintaining a Buy rating, and emphasized HubSpot’s strong fourth-quarter performance despite foreign exchange challenges. The company’s strategic use of artificial intelligence and consistent execution were praised by RBC Capital, which sees a favorable risk/reward scenario for investors. These developments underscore the positive outlook analysts have for HubSpot, driven by its strong performance metrics and strategic initiatives.
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