On November 7, 2024, Dawson Harvey, Chief Legal Officer of HubSpot Inc (HUBS, Financial), sold 384 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 8,176 shares of HubSpot Inc.
HubSpot Inc (HUBS, Financial) is a leading developer and marketer of software products for inbound marketing, sales, and customer service. The company provides tools for social media marketing, content management, web analytics, and search engine optimization among others.
Over the past year, Dawson Harvey has sold a total of 4,488 shares and has not purchased any shares. This recent sale is part of a broader trend within HubSpot Inc, where there have been 44 insider sells and only 1 insider buy over the past year.
Shares of HubSpot Inc were trading at $650 on the day of the sale, giving the company a market cap of approximately $33.89 billion. According to the GF Value, the stock is currently Fairly Valued, with a price-to-GF-Value ratio of 1.02.
The GF Value of $639.38 is derived from historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale could be of interest to investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
