Insider Sale: Chief Legal Officer Dawson Harvey Sells Shares of HubSpot Inc (HUBS)

Article's Main Image

On August 2, 2024, Dawson Harvey, Chief Legal Officer of HubSpot Inc (HUBS, Financial), executed a sale of 384 shares of the company at a price of $467.23 per share. This transaction was documented in an SEC Filing. Following this sale, the insider now directly owns 9,735 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's offerings include 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 3,867 shares of HubSpot Inc and has not made any purchases of the stock. The broader insider transaction trend at HubSpot Inc shows a predominance of sales over purchases, with 42 insider sales and only 1 insider buy recorded over the last year.

Shares of HubSpot Inc were trading at $467.23 on the day of the transaction, giving the company a market cap of approximately $23.21 billion. According to the GF Value, the intrinsic value of the stock is estimated at $641.53, suggesting that HubSpot Inc is modestly undervalued with a price-to-GF-Value ratio of 0.73.

The GF Value is calculated based on 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.

1820649650588381184.png

1820649740312932352.png

This recent insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics against its perceived intrinsic value.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.