Essential Partners LLC decreased its position in HubSpot, Inc. (NYSE:HUBS – Free Report) by 88.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 326 shares of the software maker’s stock after selling 2,458 shares during the period. Essential Partners LLC’s holdings in HubSpot were worth $80,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of the company. Empowered Funds LLC lifted its stake in shares of HubSpot by 88.5% in the 1st quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after purchasing an additional 737 shares during the period. NewEdge Advisors LLC grew its stake in HubSpot by 12.1% during the second quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock worth $2,665,000 after purchasing an additional 516 shares during the period. Treasurer of the State of North Carolina grew its stake in HubSpot by 4.7% during the second quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock worth $13,222,000 after purchasing an additional 1,077 shares during the period. Osterweis Capital Management Inc. bought a new stake in HubSpot in the second quarter worth approximately $34,000. Finally, Alliancebernstein L.P. increased its holdings in HubSpot by 35.0% in the second quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock worth $209,335,000 after purchasing an additional 97,469 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on HUBS shares. Royal Bank Of Canada dropped their price target on HubSpot from $400.00 to $350.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. JPMorgan Chase & Co. lowered their price objective on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Truist Financial lowered their price objective on shares of HubSpot from $300.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Bank of America reiterated an “underperform” rating and set a $180.00 target price (down from $300.00) on shares of HubSpot in a research report on Friday, May 8th. Finally, Wells Fargo & Company reissued an “equal weight” rating and set a $225.00 target price (down from $300.00) on shares of HubSpot in a research note on Monday, July 20th. 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 given a Sell rating to the company’s stock. According to MarketBeat.com, HubSpot presently has a consensus rating of “Moderate Buy” and an average target price of $307.86.
Insider Buying and Selling
In other news, CTO Dharmesh Shah bought 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average cost of $181.37 per share, for a total transaction of $1,813,700.00. Following the acquisition, the chief technology officer directly owned 1,295,400 shares in the company, valued at approximately $234,946,698. This trade represents a 0.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Yamini Rangan purchased 2,750 shares of HubSpot stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average cost of $189.84 per share, with a total value of $522,060.00. Following the transaction, the chief executive officer owned 102,982 shares in the company, valued at $19,550,102.88. This trade represents a 2.74% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders purchased 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 Stock Performance
HUBS stock opened at $237.44 on Friday. The stock’s 50 day simple moving average is $204.10 and its 200 day simple moving average is $233.35. The company has a market cap of $12.16 billion, a P/E ratio of 124.31, a price-to-earnings-growth ratio of 2.59 and a beta of 1.22. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $541.53.
HubSpot (NYSE:HUBS – Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $881.00 million during the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The company’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 earnings per share. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Equities analysts predict that HubSpot, Inc. will post 4.39 earnings per share for the current 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.
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