Hubspot’s executive chairman sells $6 million to Investing.com

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Brian Halligan, CEO HubSpot Inc . (NYSE: ), recently sold approximately $6,028,965 worth of company stock. The sale comes as HubSpot’s stock trades near its 52-week high of $762.47, an impressive 49.48% return over the past six months. According to InvestingPro’s analysis, the stock appears to be trading above fair value. In the year The transaction, which took place on November 19, 2024, involved the sale of 8,500 shares at an average price of $709.29 per share.

In addition to the sale, Halligan exercised stock options on January 21, 2025 to acquire 7,125 shares of common stock at $52.8 per share. This transaction was part of a prearranged business plan pursuant to Rule 10b5-1 approved on June 3, 2024. According to InvestingPro data, HubSpot has an impressive gross profit margin of 84.66% and a market capitalization of $37.72 billion. Following these transactions, Halligan owns a total of 530,898 shares in HubSpot. For more in-depth insights on HubSpot’s review and 13 more ProTips, check out the comprehensive Pro Research report on InvestingPro.

In other recent news, HubSpot has seen significant developments. The company reported a revenue growth of 21.78 percent and an impressive gross profit margin of 84.66 percent. Bank of Scotland (TSX: ) analyst Nick Altman raised his target on HubSpot stock to $825, maintaining a sector outperform rating following strong Q4 performance.

HubSpot also completed the acquisition of Frame AI, an AI-powered conversational intelligence company, which is expected to enhance the company’s ability to turn unstructured customer data into actionable insights. This move is seen as a strategic move to strengthen HubSpot’s AI offerings.

Firms such as RBC Capital Markets, BofA Securities, Truist Securities and Stifel have raised their price targets for the company, indicating that many analysts are bullish on HuSpot’s direction. RBC Capital Markets maintained excellence, citing consistent retention metrics and strategic moves as key growth drivers.

Finally, HubSpot announced that its Chief Legal Officer, Alyssa Harvey Dawson, is stepping down with a transition plan effective December 31, 2024. These are just a few of the latest developments as HubSpot continues to focus on strategic. Initiatives aimed at driving future growth.

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