HubSpot (NYSE:HUBS) Stock: Insider Brian Halligan Sells 8,500 Shares

HubSpot, Inc. (NYSE:HUBS) 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 transaction, the director directly owned 59,500 shares of the company’s stock, valued at approximately $14,254,415. This represents a 12.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Brian Halligan also recently made the following trade(s):

• On Tuesday, September 15th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $245.64, for a total transaction of $2,087,940.00.
• On Tuesday, August 18th, Brian Halligan sold 8,500 shares of HubSpot stock. The shares were sold at an average price of $219.50, for a total transaction of $1,865,750.00.

HubSpot Stock Down 0.4%

Shares of HUBS traded down $0.96 during trading hours on Wednesday, reaching $249.80. 638,916 shares of the company traded hands, compared to its average volume of 1,751,489. The business has a fifty day moving average price of $231.07 and a 200-day moving average price of $217.65. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $497.96. The stock has a market capitalization of $12.46 billion, a P/E ratio of 88.27, a P/E/G ratio of 2.42 and a beta of 1.24.

HubSpot (NYSE:HUBS) last issued its 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 company had revenue of $911.74 million during the quarter, compared to analyst estimates of $898.31 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The firm’s quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the business posted $2.19 EPS. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. As a group, research analysts predict that HubSpot, Inc. will post 4.63 EPS for the current fiscal year.

Hedge Funds Weigh In On HubSpot

A number of institutional investors have recently modified their holdings of the stock. Elevation Wealth Partners LLC boosted its stake in shares of HubSpot by 66.7% in the third quarter. Elevation Wealth Partners LLC now owns 175 shares of the software maker’s stock worth $36,000 after buying an additional 70 shares during the last quarter. Global Retirement Partners LLC purchased a new position in HubSpot during the second quarter valued at approximately $38,000. Oslo Pensjonsforsikring AS acquired a new position in HubSpot in the first quarter valued at approximately $74,000. CX Institutional lifted its holdings in HubSpot by 4,785.7% in the second quarter. CX Institutional now owns 342 shares of the software maker’s stock valued at $62,000 after acquiring an additional 335 shares during the period. Finally, Westfuller Advisors LLC lifted its holdings in HubSpot by 57.0% in the first quarter. Westfuller Advisors LLC now owns 347 shares of the software maker’s stock valued at $85,000 after acquiring an additional 126 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on HUBS shares. Wall Street Zen cut HubSpot from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. Stephens lifted their target price on HubSpot from $251.00 to $255.00 and gave the stock an “equal weight” rating in a report on Monday, September 21st. Raymond James Financial lowered HubSpot from an “outperform” rating to a “market perform” rating in a research report on Monday, October 5th. FBN Securities initiated coverage on HubSpot in a research report on Wednesday, September 23rd. They issued a “sector perform” rating and a $230.00 target price on the stock. Finally, Canaccord Genuity Group cut their price target on shares of HubSpot from $335.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $264.97.

HubSpot Company Profile

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.