Freemont Management S.A. Purchases 2,200 Shares of HubSpot, Inc. $HUBS

Freemont Management S.A. lifted its position in shares of HubSpot, Inc. (NYSE:HUBS) by 30.1% during the second quarter, Holdings Channel reports. The institutional investor owned 9,500 shares of the software maker’s stock after purchasing an additional 2,200 shares during the period. Freemont Management S.A.’s holdings in HubSpot were worth $5,288,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in HubSpot by 4.0% during the first quarter. Vanguard Group Inc. now owns 5,246,734 shares of the software maker’s stock valued at $2,997,407,000 after acquiring an additional 201,994 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of HubSpot by 17.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 4,910,062 shares of the software maker’s stock worth $2,805,070,000 after acquiring an additional 714,980 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of HubSpot by 37.3% during the first quarter. Massachusetts Financial Services Co. MA now owns 927,927 shares of the software maker’s stock worth $530,115,000 after purchasing an additional 251,853 shares in the last quarter. Jennison Associates LLC grew its position in shares of HubSpot by 548.6% during the second quarter. Jennison Associates LLC now owns 794,677 shares of the software maker’s stock worth $442,341,000 after purchasing an additional 672,158 shares in the last quarter. Finally, Groupama Asset Managment raised its stake in HubSpot by 0.8% during the 1st quarter. Groupama Asset Managment now owns 732,578 shares of the software maker’s stock valued at $418,514,000 after purchasing an additional 5,779 shares during the period. Institutional investors own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

HUBS has been the subject of several recent analyst reports. BMO Capital Markets dropped their price target on HubSpot from $550.00 to $465.00 and set an “outperform” rating for the company in a research note on Thursday. Macquarie lowered their target price on shares of HubSpot from $730.00 to $660.00 and set an “outperform” rating on the stock in a report on Thursday, August 7th. Bank of America cut their target price on shares of HubSpot from $640.00 to $515.00 and set a “buy” rating for the company in a research note on Thursday. KeyCorp reduced their price target on shares of HubSpot from $775.00 to $650.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, Oppenheimer dropped their price objective on shares of HubSpot from $750.00 to $550.00 and set an “outperform” rating for the company in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $626.50.

Insider Buying and Selling

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $449.84, for a total transaction of $3,823,640.00. Following the transaction, the director owned 522,435 shares in the company, valued at $235,012,160.40. The trade was a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Kathryn Bueker sold 615 shares of the stock in a transaction on Monday, October 6th. The shares were sold at an average price of $500.00, for a total transaction of $307,500.00. Following the completion of the sale, the chief financial officer directly owned 38,794 shares in the company, valued at approximately $19,397,000. This represents a 1.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 51,098 shares of company stock worth $24,757,257 in the last 90 days. Company insiders own 4.00% of the company’s stock.

HubSpot Stock Up 0.7%

HUBS stock opened at $397.83 on Friday. HubSpot, Inc. has a 52 week low of $375.01 and a 52 week high of $881.13. The firm has a market capitalization of $20.84 billion, a P/E ratio of -4,972.91, a price-to-earnings-growth ratio of 13.65 and a beta of 1.60. The company has a fifty day simple moving average of $475.10 and a two-hundred day simple moving average of $527.99.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, November 5th. The software maker reported $2.66 earnings per share for the quarter, topping analysts’ consensus estimates of $2.58 by $0.08. HubSpot had a negative net margin of 0.12% and a positive return on equity of 1.21%. The firm had revenue of $809.52 million for the quarter, compared to the consensus estimate of $786.80 million. During the same period in the previous year, the firm posted $2.18 EPS. The business’s quarterly revenue was up 20.9% on a year-over-year basis. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. As a group, analysts anticipate that HubSpot, Inc. will post 1.01 EPS for the current year.

HubSpot Profile

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.