HubSpot, Inc. $HUBS Shares Bought by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC grew its stake in HubSpot, Inc. (NYSE:HUBS) by 24.1% during the second quarter, HoldingsChannel.com reports. The firm owned 13,228 shares of the software maker’s stock after purchasing an additional 2,569 shares during the period. Los Angeles Capital Management LLC’s holdings in HubSpot were worth $7,363,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Whittier Trust Co. lifted its holdings in HubSpot by 136.4% during the 2nd quarter. Whittier Trust Co. now owns 52 shares of the software maker’s stock worth $29,000 after buying an additional 30 shares during the last quarter. Hilltop National Bank bought a new position in HubSpot during the second quarter worth $32,000. Cullen Frost Bankers Inc. boosted its holdings in HubSpot by 130.8% in the first quarter. Cullen Frost Bankers Inc. now owns 60 shares of the software maker’s stock worth $34,000 after purchasing an additional 34 shares during the period. N.E.W. Advisory Services LLC bought a new stake in HubSpot during the first quarter valued at $35,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of HubSpot during the second quarter worth $39,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

HubSpot Price Performance

HubSpot stock opened at $397.83 on Monday. HubSpot, Inc. has a 12-month low of $375.01 and a 12-month high of $881.13. The stock has a market capitalization of $20.84 billion, a PE ratio of -4,972.91, a price-to-earnings-growth ratio of 14.25 and a beta of 1.60. The firm has a 50 day simple moving average of $475.10 and a 200-day simple moving average of $527.61.

HubSpot (NYSE:HUBS) last released 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 positive return on equity of 1.21% and a negative net margin of 0.12%.The firm had revenue of $809.52 million during the quarter, compared to the consensus estimate of $786.80 million. During the same period in the prior year, the firm posted $2.18 earnings per share. The firm’s revenue for the quarter was up 20.9% compared to the same quarter last year. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. On average, analysts forecast that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on HUBS. Citigroup lifted their price target on shares of HubSpot from $650.00 to $658.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Truist Financial decreased their target price on HubSpot from $675.00 to $650.00 and set a “buy” rating for the company in a research note on Friday. Stifel Nicolaus dropped their price target on HubSpot from $600.00 to $550.00 and set a “buy” rating on the stock in a research report on Thursday. Wells Fargo & Company reduced their price objective on HubSpot from $685.00 to $600.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Cantor Fitzgerald dropped their target price on HubSpot from $775.00 to $500.00 and set an “overweight” rating on the stock in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $626.50.

Insider Buying and Selling at HubSpot

In other HubSpot news, CTO Dharmesh Shah sold 4,747 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $501.60, for a total value of $2,381,095.20. Following the completion of the sale, the chief technology officer directly owned 1,271,058 shares of the company’s stock, valued at approximately $637,562,692.80. This represents a 0.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kathryn Bueker sold 615 shares of HubSpot stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $500.00, for a total transaction of $307,500.00. Following the completion of the transaction, the chief financial officer directly owned 38,794 shares in the company, valued at $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 valued at $24,757,257 in the last ninety days. 4.00% of the stock is owned by insiders.

About HubSpot

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.