Wealthfront Advisers LLC Buys New Shares in HubSpot, Inc. $HUBS

Wealthfront Advisers LLC bought a new position in HubSpot, Inc. (NYSE:HUBS) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,696 shares of the software maker’s stock, valued at approximately $492,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new position in shares of HubSpot in the second quarter valued at about $5,860,000. Citizens Financial Group Inc. RI acquired a new stake in shares of HubSpot during the second quarter worth about $333,000. BlackRock Inc. acquired a new stake in shares of HubSpot during the second quarter worth about $631,386,000. Pallas Capital Advisors LLC purchased a new stake in HubSpot in the second quarter valued at approximately $391,000. Finally, Deutsche Bank AG purchased a new stake in HubSpot in the second quarter valued at approximately $5,438,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HUBS. Barclays reduced their price target on shares of HubSpot from $270.00 to $240.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. BTIG Research dropped their price objective on shares of HubSpot from $300.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. The Goldman Sachs Group set a $276.00 price objective on shares of HubSpot in a research note on Thursday, August 6th. Raymond James Financial reissued an “outperform” rating and set a $250.00 target price on shares of HubSpot in a report on Friday, May 8th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $200.00 target price on shares of HubSpot in a research report on Thursday, August 6th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $268.90.

Insider Activity at HubSpot

In other HubSpot news, insider Erika Ashley Fisher sold 702 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the completion of the transaction, the insider owned 14,581 shares in the company, valued at approximately $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gerald Dischler bought 925 shares of the stock in a transaction dated Monday, August 10th. The shares were purchased at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the completion of the purchase, the director owned 1,940 shares in the company, valued at approximately $418,904.20. This represents a 91.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have sold 26,202 shares of company stock worth $5,477,709. 3.70% of the stock is owned by company insiders.

HubSpot Trading Up 0.2%

Shares of NYSE:HUBS opened at $240.26 on Friday. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $525.51. The business has a 50 day moving average of $209.65 and a two-hundred day moving average of $223.69. The company has a market capitalization of $11.98 billion, a PE ratio of 84.90, a PEG ratio of 2.45 and a beta of 1.19.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. The business had revenue of $911.74 million for the quarter, compared to analysts’ expectations of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business’s revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the company earned $2.19 EPS. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Equities research analysts predict that HubSpot, Inc. will post 4.54 earnings per share for the current fiscal year.

About HubSpot

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.