Hubs stock price long-term forecasts tie growth
Long-term forecasts tie growth prospects to increased adoption of on-demand manufacturing platforms in global markets. Find out about the key risks to this HubSpot narrative. Institutional investors and hedge funds have recently made changes to their positions in the business. Elequin Capital LP purchased a new position in shares of HubSpot in the 4th quarter worth $27,000. Goodman Advisory Group LLC purchased a new position in shares of HubSpot during the 2nd quarter worth about $27,000. Whittier Trust Co. boosted its stake in shares of HubSpot by 136.4% during the 2nd quarter. Whittier Trust Co. now owns 52 shares of the software maker's stock worth $29,000 after purchasing an additional 30 shares during the period. Rakuten Securities Inc. boosted its stake in shares of HubSpot by 783.3% during the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker's stock worth $30,000 after purchasing an additional 47 shares during the period. Finally, Hilltop National Bank bought a new stake in HubSpot during the 2nd quarter valued at about $32,000. 90.39% of the stock is owned by hedge funds and other institutional investors. On Tuesday, Hubs stock price traded between $45.40 and $46.30, forming an ascending triangle setup often associated with bullish continuations. The broader manufacturing tech index also posted gains, aligning with the trend.
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