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

HubSpot, Inc. (NYSE:HUBS) Director Brian Halligan sold 8,500 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $220.00, for a total value of $1,870,000.00. Following the completion of the transaction, the director owned 353,500 shares in the company, valued at approximately $77,770,000. The trade was a 2.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

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

• On Tuesday, April 21st, Brian Halligan sold 8,292 shares of HubSpot stock. The stock was sold at an average price of $230.72, for a total value of $1,913,130.24.
• On Tuesday, March 17th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $262.75, for a total value of $2,233,375.00.

HubSpot Price Performance

NYSE:HUBS opened at $198.98 on Friday. The firm has a 50-day moving average of $227.77 and a 200-day moving average of $298.42. The company has a market cap of $10.19 billion, a PE ratio of 104.18, a PEG ratio of 2.23 and a beta of 1.23. HubSpot, Inc. has a one year low of $173.25 and a one year high of $632.39.

HubSpot (NYSE:HUBS) last posted its earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, topping the consensus estimate of $2.47 by $0.25. The company had revenue of $881.00 million during the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The firm’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the previous 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. On average, equities research analysts expect that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on HUBS. Barclays cut their target price on HubSpot from $300.00 to $270.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. JPMorgan Chase & Co. dropped their price objective on HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. BMO Capital Markets dropped their price objective on HubSpot from $285.00 to $230.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Evercore set a $225.00 price objective on HubSpot in a research note on Friday, May 8th. Finally, UBS Group dropped their price objective on HubSpot from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Twenty-two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, HubSpot currently has an average rating of “Moderate Buy” and a consensus price target of $311.00.

Hedge Funds Weigh In On HubSpot

Institutional investors have recently modified their holdings of the business. Thrivent Financial for Lutherans raised its position in HubSpot by 23.7% in the third quarter. Thrivent Financial for Lutherans now owns 23,789 shares of the software maker’s stock worth $11,128,000 after acquiring an additional 4,559 shares during the period. Rakuten Investment Management Inc. bought a new stake in HubSpot in the third quarter worth about $48,548,000. OFI Invest Asset Management raised its position in HubSpot by 130.2% in the fourth quarter. OFI Invest Asset Management now owns 99,622 shares of the software maker’s stock worth $39,978,000 after acquiring an additional 56,348 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its position in HubSpot by 20.8% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 38,924 shares of the software maker’s stock worth $18,209,000 after acquiring an additional 6,709 shares during the period. Finally, Strs Ohio raised its position in HubSpot by 176.5% in the third quarter. Strs Ohio now owns 52,816 shares of the software maker’s stock worth $24,707,000 after acquiring an additional 33,712 shares during the period. 90.39% of the stock is owned by institutional investors.

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.