Vestcor Inc lessened its position in shares of HubSpot, Inc. (NYSE:HUBS – Free Report) by 82.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,057 shares of the software maker’s stock after selling 5,000 shares during the quarter. Vestcor Inc’s holdings in HubSpot were worth $424,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in HUBS. Rakuten Securities Inc. lifted its stake in HubSpot by 783.3% in the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after buying an additional 47 shares during the period. Strategic Advocates LLC acquired a new position in HubSpot in the third quarter valued at about $25,000. Turning Point Benefit Group Inc. acquired a new position in HubSpot in the third quarter valued at about $25,000. Osterweis Capital Management Inc. acquired a new position in HubSpot in the second quarter valued at about $34,000. Finally, Cary Street Partners Investment Advisory LLC acquired a new position in HubSpot in the fourth quarter valued at about $33,000. Institutional investors and hedge funds own 90.39% of the company’s stock.
Wall Street Analysts Forecast Growth
HUBS has been the topic of several analyst reports. Needham & Company LLC cut their target price on HubSpot from $700.00 to $300.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. 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 research note on Monday, May 11th. Jefferies Financial Group reissued a “buy” rating and issued a $250.00 target price on shares of HubSpot in a research note on Friday, May 8th. BTIG Research restated a “buy” rating and issued a $300.00 price target on shares of HubSpot in a report on Tuesday, April 21st. Finally, BMO Capital Markets lowered their price target on HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Twenty-two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, HubSpot currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.00.
Insider Buying and Selling
In related news, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $220.00, for a total transaction of $1,870,000.00. Following the completion of the sale, the director directly owned 353,500 shares of the company’s stock, valued at approximately $77,770,000. This trade represents a 2.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Lorrie M. Norrington purchased 1,313 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of $190.42 per share, with a total value of $250,021.46. Following the completion of the acquisition, the director owned 2,838 shares in the company, valued at $540,411.96. The trade was a 86.10% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders acquired 14,063 shares of company stock valued at $2,585,781 and sold 26,207 shares valued at $6,233,049. Corporate insiders own 3.70% of the company’s stock.
HubSpot Stock Performance
NYSE:HUBS opened at $196.83 on Wednesday. The company has a market cap of $10.08 billion, a PE ratio of 103.05, a PEG ratio of 2.28 and a beta of 1.21. HubSpot, Inc. has a 52-week low of $173.25 and a 52-week high of $605.41. The stock has a 50-day simple moving average of $217.30 and a 200 day simple moving average of $280.82.
HubSpot (NYSE:HUBS – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. The firm had revenue of $881.00 million during the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The business’s revenue was up 23.4% compared to the same quarter last year. During the same period last year, the company earned $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, research analysts predict that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal year.
HubSpot Profile
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.
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