Norris Perne & French LLP MI Purchases 1,621 Shares of HubSpot, Inc. (NYSE:HUBS)
Norris Perne & French LLP MI Increases Stake in HubSpot, Inc. (NYSE:HUBS)
Norris Perne & French LLP MI, an investment management firm, increased its stake in HubSpot, Inc. (NYSE:HUBS) by 1,621 shares during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm now owns a total of 2,072 shares of the company's stock, valued at approximately $237,000, up from 451 shares valued at $36,000 at the end of the third quarter.
HubSpot, Inc. (NYSE:HUBS) is a Leading Provider of Customer Relationship Management (CRM) Software
HubSpot is a leading provider of cloud-based CRM software that helps businesses attract, engage, and delight customers. The company's software suite includes tools for marketing, sales, customer service, and operations. HubSpot has over 120,000 customers in over 120 countries.
HubSpot, Inc.'s (NYSE:HUBS) Stock Has Been Performing Well
HubSpot's stock has been performing well in recent months. The stock has gained over 20% year-to-date, and it is currently trading at around $115 per share. The company's strong financial performance and positive analyst sentiment have contributed to its recent stock price gains.
HubSpot, Inc. (NYSE:HUBS) is a Well-Positioned Company
HubSpot is a well-positioned company in the growing CRM software market. The company has a strong track record of innovation and customer satisfaction. HubSpot is also well-funded, with over $500 million in cash and equivalents on its balance sheet. The company is expected to continue to grow in the future as more businesses adopt cloud-based CRM software.
Conclusion
Norris Perne & French LLP MI's decision to increase its stake in HubSpot is a vote of confidence in the company's future prospects. HubSpot is a well-positioned company in the growing CRM software market, and its stock is expected to continue to perform well in the future.