Kerrisdale Advisers LLC Invests $1.11 Million in HubSpot, Inc. $HUBS

Kerrisdale Advisers LLC acquired a new position in shares of HubSpot, Inc. (NYSE:HUBS) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,085 shares of the software maker’s stock, valued at approximately $1,111,000.

Other large investors have also modified their holdings of the company. Turning Point Benefit Group Inc. purchased a new position in HubSpot in the 3rd quarter valued at about $25,000. Rakuten Securities Inc. boosted its position 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 acquiring an additional 47 shares during the last quarter. Cary Street Partners Investment Advisory LLC purchased a new stake in HubSpot in the fourth quarter valued at approximately $33,000. Osterweis Capital Management Inc. acquired a new position in HubSpot during the second quarter worth approximately $34,000. Finally, Larson Financial Group LLC boosted its holdings in shares of HubSpot by 378.9% in the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock valued at $37,000 after purchasing an additional 72 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

HubSpot Stock Up 0.1%

Shares of HUBS opened at $261.01 on Monday. The firm has a market cap of $13.02 billion, a price-to-earnings ratio of 92.23, a PEG ratio of 2.82 and a beta of 1.19. The business’s 50 day moving average is $216.41 and its two-hundred day moving average is $223.76. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $525.51.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. The business had revenue of $911.74 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.19 earnings per share. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, equities analysts expect that HubSpot, Inc. will post 4.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

HUBS has been the topic of several research reports. Royal Bank Of Canada cut their target price on HubSpot from $350.00 to $300.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. BMO Capital Markets downgraded shares of HubSpot from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $230.00 to $215.00 in a research report on Thursday, August 6th. JPMorgan Chase & Co. reduced their price target on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Wells Fargo & Company cut shares of HubSpot from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 6th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $250.00 price objective on shares of HubSpot in a research report on Friday, May 8th. 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. Based on data from MarketBeat.com, HubSpot currently has an average rating of “Hold” and an average price target of $268.90.

Insider Buying and Selling

In other news, insider Erika Ashley Fisher sold 702 shares of HubSpot stock in a transaction that occurred on Tuesday, August 4th. The stock was 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 trade represents a 4.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total transaction of $1,879,265.00. Following the sale, the director directly owned 85,000 shares in the company, valued at $18,792,650. This trade represents a 9.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 26,202 shares of company stock worth $5,477,709. Corporate insiders own 3.70% of the company’s stock.

HubSpot Company 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.