HubSpot, Inc. $HUBS Shares Sold by Candriam S.C.A.

Candriam S.C.A. lessened its stake in HubSpot, Inc. (NYSE:HUBS – Free Report) by 93.4% during the third quarter, HoldingsChannel.com reports. The firm owned 1,630 shares of the software maker’s stock after selling 23,252 shares during the period. Candriam S.C.A.’s holdings in HubSpot were worth $335,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cullinan Associates Inc. bought a new stake in HubSpot in the third quarter valued at about $266,000. Ethic Inc. raised its stake in HubSpot by 34.5% during the third quarter. Ethic Inc. now owns 2,475 shares of the software maker’s stock valued at $507,000 after buying an additional 635 shares in the last quarter. StoneX Group Inc. acquired a new stake in HubSpot during the third quarter valued at approximately $190,000. Pictet Asset Management Holding SA raised its stake in HubSpot by 2.0% during the third quarter. Pictet Asset Management Holding SA now owns 1,689,478 shares of the software maker’s stock valued at $346,208,000 after buying an additional 33,728 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in HubSpot by 2.7% during the 3rd quarter. Parallel Advisors LLC now owns 5,847 shares of the software maker’s stock worth $1,198,000 after buying an additional 155 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Recent HubSpot Headlines

Investors following HUBS have been watching these headlines:

  • Positive Sentiment: KeyCorp raised its FY2026 and FY2027 EPS forecasts to $5.11 and $7.53, respectively, from $4.60 and $6.46. HubSpot’s latest reported quarter also beat consensus EPS and revenue estimates, with revenue up 17.1% year over year. KeyCorp estimate updates
  • Positive Sentiment: HubSpot completed $1 billion in share repurchases over 24 months, returning capital to shareholders and potentially supporting per-share results. HubSpot completed a $1 billion share repurchase
  • Neutral Sentiment: Zacks characterized HUBS as a strong value stock, although the article provides no specific price target in the supplied summary. Another Zacks piece compares HubSpot with Braze, leaving the relative-value conclusion unclear. Zacks on HubSpot value

HubSpot Stock Up 2.8%

Shares of HUBS opened at $202.60 on Thursday. The firm has a market capitalization of $9.89 billion, a PE ratio of 44.97, a P/E/G ratio of 1.88 and a beta of 1.14. The firm has a 50-day moving average price of $228.74 and a 200 day moving average price of $228.20. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $406.94.

HubSpot (NYSE:HUBS – Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.81 earnings per share for the quarter, beating the consensus estimate of $3.27 by $0.54. The business had revenue of $947.57 million during the quarter, compared to analyst estimates of $925.50 million. HubSpot had a return on equity of 12.18% and a net margin of 5.95%. The company’s revenue was up 17.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.66 earnings per share. On average, equities analysts expect that HubSpot, Inc. will post 5.12 EPS for the current year.

Insider Buying and Selling

In related news, insider Erika Fisher sold 702 shares of the firm’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $227.72, for a total transaction of $159,859.44. Following the completion of the sale, the insider directly owned 12,829 shares in the company, valued at approximately $2,921,419.88. This trade represents a 5.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction that occurred 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 transaction, the director owned 59,500 shares in the company, valued at approximately $14,254,415. This trade represents a 12.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 26,202 shares of company stock valued at $6,149,894 over the last 90 days. 3.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Raymond James Financial downgraded HubSpot from an “outperform” rating to a “market perform” rating in a report on Monday, October 5th. KeyCorp cut HubSpot from an “overweight” rating to a “sector weight” rating in a research note on Thursday, November 5th. Stifel Nicolaus raised their price objective on HubSpot from $200.00 to $225.00 and gave the stock a “hold” rating in a research note on Friday, September 11th. UBS Group reaffirmed a “hold” rating on shares of HubSpot in a report on Thursday, November 5th. Finally, Truist Financial lowered their price objective on shares of HubSpot from $275.00 to $230.00 and set a “buy” rating for the company in a research report on Thursday, November 5th. Eight equities research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $251.23.

Check Out Our Latest Report on HubSpot

HubSpot Profile

(Free Report)

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. HubSpot also offers automation, analytics, and artificial intelligence features to help organizations manage customer interactions and coordinate business processes.

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Want to see what other hedge funds are holding HUBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HubSpot, Inc. (NYSE:HUBS – Free Report).

Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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