Published on 22 Nov 2022 on Simply Wall St. via Yahoo Finance
Insiders who acquired US$3.4m worth of HubSpot, Inc.'s (NYSE:HUBS) stock at an average price of US$340 in the past 12 months may be dismayed by the recent 9.9% price decline. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only US$2.6m.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for HubSpot