HubSpot, Inc. $HUBS Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. decreased its holdings in HubSpot, Inc. (NYSE:HUBS) by 64.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,947 shares of the software maker’s stock after selling 8,863 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in HubSpot were worth $1,014,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of HubSpot during the 3rd quarter valued at about $981,000. Profund Advisors LLC raised its position in HubSpot by 55.2% in the third quarter. Profund Advisors LLC now owns 2,345 shares of the software maker’s stock worth $481,000 after purchasing an additional 834 shares in the last quarter. ProShare Advisors LLC acquired a new position in HubSpot in the third quarter worth about $439,000. Vise Technologies Inc. lifted its stake in HubSpot by 139.4% during the third quarter. Vise Technologies Inc. now owns 4,627 shares of the software maker’s stock worth $948,000 after purchasing an additional 2,694 shares during the period. Finally, MGO One Seven LLC lifted its stake in HubSpot by 35.8% during the third quarter. MGO One Seven LLC now owns 1,706 shares of the software maker’s stock worth $350,000 after purchasing an additional 450 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insider Transactions at HubSpot

In related news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the completion of the sale, the director directly owned 59,500 shares of the company’s stock, valued at $14,254,415. This trade represents a 12.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gerald Dischler purchased 925 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average cost of $215.93 per share, with a total value of $199,735.25. Following the completion of the acquisition, the director directly 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. The SEC filing for this purchase provides additional information. Insiders have sold 26,202 shares of company stock valued at $6,149,894 in the last three months. 3.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on HUBS shares. BMO Capital Markets lifted their price objective on HubSpot from $215.00 to $250.00 and gave the company a “market perform” rating in a report on Monday, September 21st. Piper Sandler dropped their target price on HubSpot from $220.00 to $200.00 and set a “neutral” rating for the company in a report on Thursday. Truist Financial cut their target price on HubSpot from $275.00 to $230.00 and set a “buy” rating for the company in a research report on Thursday. William Blair restated a “market perform” rating on shares of HubSpot in a research report on Tuesday, October 6th. Finally, Zacks Research lowered HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Eight analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, HubSpot presently has a consensus rating of “Hold” and an average target price of $257.65.

HubSpot Stock Down 1.9%

Shares of HUBS stock opened at $201.11 on Friday. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $406.94. The company has a market capitalization of $10.03 billion, a P/E ratio of 48.00, a P/E/G ratio of 1.72 and a beta of 1.14. The firm has a 50-day moving average price of $232.10 and a 200 day moving average price of $229.88.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.81 earnings per share for the quarter, topping the consensus estimate of $3.27 by $0.54. The firm had revenue of $947.57 million for the quarter, compared to analysts’ expectations of $925.50 million. HubSpot had a net margin of 5.95% and a return on equity of 12.18%. The company’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.66 earnings per share. As a group, research analysts expect that HubSpot, Inc. will post 4.69 earnings per share for the current year.

More HubSpot News

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 revenue rose 17.1% year over year to $947.6 million, adjusted EPS of $3.81 topped estimates, and HubSpot added 5,300 net customers. The company also raised its full-year 2026 outlook. HubSpot: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Insider Erika Fisher sold 702 shares for about $160,000, reducing her direct stake by 5.19%; she retained 12,829 shares, making the sale a relatively limited signal. HubSpot insider share sale
• Negative Sentiment: Q4 revenue guidance of $945 million–$947 million fell short of market expectations, overshadowing the Q3 beat. Reports also point to AI-related growth headwinds and customers demanding clearer proof of value before purchasing, which could slow sales. HubSpot Q4 revenue outlook and AI headwinds Customers want proof of value
• Negative Sentiment: Several firms downgraded HubSpot or cut price targets after the results and outlook, including Cantor Fitzgerald, Morgan Stanley, KeyCorp and BTIG. The broadening analyst caution adds pressure despite some firms retaining Buy or Outperform ratings. Analyst downgrades after Q3 results and guidance

HubSpot Profile

HubSpot, Inc develops cloud-based customer relationship management software designed to help businesses attract and engage customers, manage sales, and provide customer support. Founded in 2006 by Brian Halligan and Dharmesh Shah, the company helped popularize inbound marketing, an approach focused on drawing customers in with useful content and experiences.

Its platform combines a central CRM with products for marketing, sales, customer service, content management, operations, and commerce.