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Brian Halligan, Executive Chairman of HubSpot Group Inc . (NYSE: ), we recently sold about $6,028,965 worth of company shares. The sale comes as HubSpot trades near its 52-week high of $762.47, giving it an impressive 49.48% return over the past six months. To follow InvestingPro analysis, the stock appears to be trading above its Fair Value. The transaction, made on November 19, 2024, included the sale of 8,500 shares at an average price of $709.29 per share.
In addition to the sale, Halligan also exercised stock options on January 21, 2025, receiving 7,125 shares of common stock at a price of $52.8 per share. The transaction was part of a proposed business plan under Rule 10b5-1, which was approved on June 3, 2024. InvestingPro Data shows HubSpot maintains a staggering 84.66% profit margin and has a market capitalization of $37.72 billion. After these transactions, Halligan holds a total of 530,898 shares in HubSpot. For more in-depth information on the value of HubSpot and 13 other ProTips, check out the full Research Report available on InvestingPro.
In other recent news, HubSpot has seen significant progress. The company reported a strong revenue growth of 21.78% and maintained an impressive profit margin of 84.66%. Scotiabank (TSX:) analyst Nick Altmann raised his target for HubSpot stock to $825, maintaining a Sector Outperform rating, based on solid Q4 performance.
HubSpot also completed the acquisition of Frame AI, an AI-driven communication intelligence company, which is expected to improve the company’s ability to turn unstructured customer data into actionable insight. The move is seen as a strategic step to strengthen HubSpot’s AI offerings.
Several analysts have expressed confidence in HubSpot’s guidance, with firms such as RBC Capital Markets, BofA Securities, Truist Securities, and Stifel all raising their price targets for the company. RBC Capital Markets maintained an Outperform rating, citing consistent retention metrics and strategic moves as drivers of growth.
Finally, HubSpot announced the resignation of its Chief Legal Officer, Alyssa Harvey Dawson, effective December 31, 2024, with a transition plan in place through March 1, 2025. These are some of the developments the latest for HubSpot as it continues to focus on tactics. projects aimed at driving future growth.
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