HubSpot, Inc. (NYSE:HUBS – Get Free Report)’s stock price hit a new 52-week low on Thursday . The stock traded as low as $171.65 and last traded at $176.8660, with a volume of 243221 shares changing hands. The stock had previously closed at $176.71.
Analysts Set New Price Targets
Several equities analysts have commented on HUBS shares. Barclays cut their price target on HubSpot from $300.00 to $270.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Canaccord Genuity Group set a $335.00 price target on HubSpot in a report on Friday, May 8th. Cantor Fitzgerald cut HubSpot from an “overweight” rating to a “neutral” rating and cut their price target for the company from $325.00 to $200.00 in a report on Friday, May 8th. KeyCorp cut their price target on HubSpot from $340.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Finally, BMO Capital Markets cut 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-one equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, HubSpot currently has a consensus rating of “Moderate Buy” and a consensus target price of $311.00.
Check Out Our Latest Stock Analysis on HUBS
HubSpot Trading Up 0.7%
HubSpot (NYSE:HUBS – Get Free Report) last issued its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The business had revenue of $881.00 million during the quarter, compared to analysts’ expectations of $863.32 million. During the same period in the prior year, the firm posted $1.84 EPS. HubSpot’s quarterly revenue was up 23.4% compared to the same quarter last year. 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 analysts expect that HubSpot, Inc. will post 4.39 EPS for the current year.
Insiders Place Their Bets
In other news, 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 directly owned 353,500 shares of the company’s stock, valued at approximately $77,770,000. This represents a 2.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Dharmesh Shah bought 10,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was bought at an average cost of $181.37 per share, with a total value of $1,813,700.00. Following the completion of the acquisition, the chief technology officer owned 1,295,400 shares in the company, valued at $234,946,698. This represents a 0.78% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders acquired 14,063 shares of company stock worth $2,585,781 and sold 17,707 shares worth $3,999,674. 3.70% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On HubSpot
Hedge funds have recently modified their holdings of the stock. Fifth Third Bancorp raised its position in HubSpot by 2.5% in the 3rd quarter. Fifth Third Bancorp now owns 1,076 shares of the software maker’s stock valued at $503,000 after purchasing an additional 26 shares during the last quarter. National Bank of Canada FI raised its position in HubSpot by 8.6% in the 3rd quarter. National Bank of Canada FI now owns 379 shares of the software maker’s stock valued at $177,000 after purchasing an additional 30 shares during the last quarter. Montag A & Associates Inc. raised its position in HubSpot by 36.5% in the 3rd quarter. Montag A & Associates Inc. now owns 142 shares of the software maker’s stock valued at $66,000 after purchasing an additional 38 shares during the last quarter. Jackson Thornton Wealth Management LLC raised its position in HubSpot by 6.6% in the 4th quarter. Jackson Thornton Wealth Management LLC now owns 691 shares of the software maker’s stock valued at $274,000 after purchasing an additional 43 shares during the last quarter. Finally, Altman Advisors Inc. raised its position in HubSpot by 1.4% in the 3rd quarter. Altman Advisors Inc. now owns 3,352 shares of the software maker’s stock valued at $1,568,000 after purchasing an additional 45 shares during the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.
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.
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