Quantinno Capital Management LP lifted its holdings in shares of HubSpot, Inc. (NYSE:HUBS – Free Report) by 91.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 98,749 shares of the software maker’s stock after acquiring an additional 47,090 shares during the period. Quantinno Capital Management LP’s holdings in HubSpot were worth $24,105,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Geode Capital Management LLC grew its holdings in HubSpot by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock valued at $388,917,000 after purchasing an additional 14,159 shares during the period. OFI Invest Asset Management increased its position in HubSpot by 130.2% during the fourth quarter. OFI Invest Asset Management now owns 99,622 shares of the software maker’s stock worth $39,978,000 after purchasing an additional 56,348 shares during the last quarter. Slow Capital Inc. increased its position in HubSpot by 35.9% during the fourth quarter. Slow Capital Inc. now owns 18,615 shares of the software maker’s stock worth $7,470,000 after purchasing an additional 4,913 shares during the last quarter. Havemeyer Place LP purchased a new position in HubSpot during the fourth quarter worth approximately $2,044,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in HubSpot by 65.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,583 shares of the software maker’s stock worth $17,891,000 after purchasing an additional 17,713 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the stock. Citigroup reiterated a “neutral” rating on shares of HubSpot in a report on Friday, July 24th. Cantor Fitzgerald downgraded HubSpot from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $325.00 to $200.00 in a report on Friday, May 8th. Mizuho cut their target price on HubSpot from $300.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Jefferies Financial Group reiterated a “buy” rating and issued a $250.00 target price on shares of HubSpot in a report on Friday, May 8th. Finally, Piper Sandler lowered their price target on HubSpot from $260.00 to $250.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $307.86.
HubSpot Stock Up 1.9%
HUBS opened at $237.44 on Friday. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $541.53. The company has a 50 day moving average of $204.10 and a two-hundred day moving average of $233.35. The company has a market cap of $12.16 billion, a P/E ratio of 124.31, a P/E/G ratio of 2.59 and a beta of 1.22.
HubSpot (NYSE:HUBS – Get Free Report) last issued its earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. The business 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%. The business’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter last 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. Research analysts anticipate that HubSpot, Inc. will post 4.39 earnings per share for the current year.
Insider Transactions at HubSpot
In other HubSpot news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total value of $1,879,265.00. Following the transaction, the director directly owned 85,000 shares of the company’s stock, valued at $18,792,650. This trade represents a 9.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Yamini Rangan acquired 2,750 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was bought at an average cost of $189.84 per share, for a total transaction of $522,060.00. Following the completion of the transaction, the chief executive officer directly owned 102,982 shares of the company’s stock, valued at $19,550,102.88. This trade represents a 2.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 14,063 shares of company stock worth $2,585,781 and sold 26,415 shares worth $5,533,379. 3.70% of the stock is currently owned by company insiders.
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.
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