Pallas Capital Advisors LLC Buys Shares of 2,144 HubSpot, Inc. $HUBS

Pallas Capital Advisors LLC purchased a new position in shares of HubSpot, Inc. (NYSE:HUBS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,144 shares of the software maker’s stock, valued at approximately $391,000.

A number of other hedge funds have also made changes to their positions in HUBS. Rakuten Securities Inc. raised its stake in shares of HubSpot by 783.3% in the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after buying an additional 47 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new stake in HubSpot during the 3rd quarter worth about $25,000. Osterweis Capital Management Inc. purchased a new stake in HubSpot during the second quarter valued at about $34,000. Cary Street Partners Investment Advisory LLC purchased a new stake in HubSpot during the fourth quarter valued at about $33,000. Finally, Larson Financial Group LLC boosted its holdings in shares of HubSpot by 378.9% in the fourth quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock worth $37,000 after buying an additional 72 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on HUBS shares. Canaccord Genuity Group decreased their price target on shares of HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a report on Thursday, August 6th. BMO Capital Markets cut HubSpot from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $230.00 to $215.00 in a research report on Thursday, August 6th. Evercore set a $225.00 target price on HubSpot in a research note on Friday, May 8th. BNP Paribas Exane lowered HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 target price on the stock. in a report on Monday, May 11th. Finally, Sanford C. Bernstein downgraded HubSpot from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $381.00 to $220.00 in a research report on Thursday, August 6th. Fifteen equities 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’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $268.90.

HubSpot Stock Performance

NYSE:HUBS opened at $238.74 on Friday. The firm’s 50-day moving average is $208.60 and its 200-day moving average is $223.57. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $525.51. The company has a market cap of $11.91 billion, a price-to-earnings ratio of 84.36, a PEG ratio of 2.47 and a beta of 1.19.

HubSpot (NYSE:HUBS) last released its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating the consensus estimate of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business had revenue of $911.74 million during the quarter, compared to analysts’ expectations of $898.31 million. During the same quarter last year, the company earned $2.19 earnings per share. The firm’s revenue was up 19.8% on a year-over-year basis. 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 analysts predict that HubSpot, Inc. will post 4.54 EPS for the current year.

Insider Buying and Selling at HubSpot

In other news, Director Gerald Dischler acquired 925 shares of the stock in a transaction dated Monday, August 10th. The shares were acquired at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the completion of the transaction, the director owned 1,940 shares in the company, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Erika Ashley Fisher sold 702 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at $3,429,742.82. The trade was a 4.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 26,202 shares of company stock valued at $5,477,709 in the last quarter. Corporate insiders own 3.70% of the company’s stock.

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.