Erika Ashley Fisher, an insider at HubSpot, Inc. (NYSE: HUBS), sold 589 shares of the company’s stock on February 3rd. The shares were sold at an average price of $251.88, totaling approximately $148,357.32. After the transaction, Fisher retained ownership of 10,960 shares in the company.
This sale is part of routine insider trading activity and reflects Fisher’s current holdings in HubSpot.
**Why this matters**
Insider transactions can provide insight into how company executives and insiders view the firm’s prospects. While sales do not necessarily indicate negative sentiment, investors often monitor these activities as one factor in their decision-making process.
Source: NewsData