Insider Sale at HubSpot (HUBS) Continues Selling Trend

Wednesday, November 08, 2017 10:15 PM ET

Insider Sale at HubSpot (HUBS) Continues Selling Trend

An insider — Dharmesh Shah, Director and Officer — disposed of 24,000 shares of HubSpot having a market value of approximately $2,038,027 today, as indicated in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 27,986 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 51,986 shares and have averaged 17,329 shares per transaction over this time period.

The level of buy-sell trades at HubSpot is close to that of the 62 member peer company average. The Enterprise Software peer group saw 176 buy/sell trades during this period for an average of 2.8 transactions per company. However, trading at HubSpot represents a lower number of shares per transaction. Within the peer group there were 230,546 shares purchased and 6,441,696 shares sold with company insiders having sold 35,291 shares on average over this time period.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data used to compose and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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