From MarketBeat:

HubSpot, Inc. insider Dawson Alyssa Harvey sold 969 shares of the stock on February 2nd, at an average price of $610.00. Now directly holding 7,225 shares valued at approximately $4,407,250. This sale was disclosed in a filing with the Securities & Exchange Commission.

Despite the insider trading, shares of HUBS stock traded down $9.55 as of February 2nd, hitting $602.84. The company reported a negative net margin of 8.67% and a negative return on equity of 7.34%. Revenue for Q3 2021 was $557.56 million, beating analysts’ expectations.

Hedge funds and institutional investors have recently bought and sold shares of HubSpot, with institutional investors and hedge funds owning 87.06% of the company’s stock. Venturi Wealth Management LLC acquired a new stake in HubSpot in the last quarter.

HubSpot, Inc provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company’s CRM platform includes marketing, sales, service, and content management systems, with integrated applications and tools such as search engine optimization.

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Read more: Insider Selling: HubSpot, Inc. (NYSE:HUBS) Insider Sells 969 Shares of Stock