Danica Pension Livsforsikringsaktieselskab Sells 185,719 Shares of HubSpot, Inc. $HUBS

Danica Pension Livsforsikringsaktieselskab trimmed its position in HubSpot, Inc. (NYSE:HUBS) by 72.6% in the 1st quarter, HoldingsChannel reports. The fund owned 70,204 shares of the software maker’s stock after selling 185,719 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in HubSpot were worth $17,137,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. National Bank of Canada FI lifted its holdings in HubSpot by 8.6% during the third quarter. National Bank of Canada FI now owns 379 shares of the software maker’s stock valued at $177,000 after purchasing an additional 30 shares in the last quarter. Jackson Thornton Wealth Management LLC increased its stake in shares of HubSpot by 6.6% in the fourth quarter. Jackson Thornton Wealth Management LLC now owns 691 shares of the software maker’s stock worth $274,000 after purchasing an additional 43 shares in the last quarter. Rakuten Securities Inc. increased its stake in shares of HubSpot by 783.3% in the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after purchasing an additional 47 shares in the last quarter. Orion Porfolio Solutions LLC raised its position in shares of HubSpot by 2.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,784 shares of the software maker’s stock valued at $994,000 after purchasing an additional 51 shares during the period. Finally, Elevation Point Wealth Partners LLC raised its position in shares of HubSpot by 3.3% during the 4th quarter. Elevation Point Wealth Partners LLC now owns 1,738 shares of the software maker’s stock valued at $697,000 after purchasing an additional 55 shares during the period. Institutional investors own 90.39% of the company’s stock.

Insider Activity

In other news, CEO Yamini Rangan bought 2,750 shares of HubSpot stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average cost of $189.84 per share, with a total value of $522,060.00. Following the completion of the acquisition, the chief executive officer owned 102,982 shares of the company’s stock, valued at $19,550,102.88. This trade represents a 2.74% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lorrie M. Norrington bought 1,313 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of $190.42 per share, for a total transaction of $250,021.46. Following the completion of the transaction, the director directly owned 2,838 shares of the company’s stock, valued at $540,411.96. This represents a 86.10% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have bought 14,063 shares of company stock valued at $2,585,781 and have sold 17,915 shares valued at $3,654,114. 3.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

HUBS has been the subject of several recent analyst reports. Evercore set a $225.00 target price on shares of HubSpot in a report on Friday, May 8th. Bank of America reissued an “underperform” rating and set a $180.00 price target (down from $300.00) on shares of HubSpot in a report on Friday, May 8th. JPMorgan Chase & Co. lowered their price objective on HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Wall Street Zen lowered HubSpot from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. Finally, Royal Bank Of Canada dropped their price objective on HubSpot from $400.00 to $350.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $308.32.

HubSpot Stock Performance

Shares of NYSE:HUBS opened at $218.40 on Wednesday. The firm has a fifty day moving average price of $200.10 and a 200 day moving average price of $241.47. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $568.16. The firm has a market cap of $11.19 billion, a price-to-earnings ratio of 114.35, a P/E/G ratio of 2.52 and a beta of 1.22.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. The company had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. HubSpot’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.84 EPS. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. As a group, research analysts predict that HubSpot, Inc. will post 4.39 earnings per share for the current year.

HubSpot Profile

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company’s product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.