Saxon Interests Inc. Invests $727,000 in HubSpot, Inc. $HUBS

Saxon Interests Inc. acquired a new stake in HubSpot, Inc. (NYSE:HUBSFree Report) in the first quarter, HoldingsChannel reports. The firm acquired 2,977 shares of the software maker’s stock, valued at approximately $727,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Geode Capital Management LLC boosted its holdings in shares of HubSpot by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock worth $388,917,000 after purchasing an additional 14,159 shares during the last quarter. OFI Invest Asset Management increased its stake in HubSpot by 130.2% in the fourth quarter. OFI Invest Asset Management now owns 99,622 shares of the software maker’s stock valued at $39,978,000 after purchasing an additional 56,348 shares during the last quarter. Slow Capital Inc. lifted its position in HubSpot by 35.9% during the fourth quarter. Slow Capital Inc. now owns 18,615 shares of the software maker’s stock worth $7,470,000 after buying an additional 4,913 shares during the period. Havemeyer Place LP acquired a new stake in HubSpot in the 4th quarter worth about $2,044,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in HubSpot by 65.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,583 shares of the software maker’s stock worth $17,891,000 after buying an additional 17,713 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on HUBS shares. Zacks Research downgraded shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Citigroup cut shares of HubSpot from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $321.00 to $230.00 in a research report on Friday, May 8th. Wall Street Zen downgraded shares of HubSpot from a “strong-buy” rating to a “buy” rating in a report on Saturday. Mizuho cut their price target on shares of HubSpot from $300.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Finally, Evercore set a $225.00 price target on shares of HubSpot in a report on Friday, May 8th. Twenty-one research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $311.00.

Get Our Latest Research Report on HubSpot

HubSpot Stock Up 6.1%

Shares of HUBS stock opened at $205.58 on Wednesday. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $568.16. The firm’s 50 day moving average price is $200.84 and its two-hundred day moving average price is $254.25. The stock has a market cap of $10.53 billion, a price-to-earnings ratio of 107.64, a price-to-earnings-growth ratio of 2.12 and a beta of 1.22.

HubSpot (NYSE:HUBSGet Free Report) last issued its earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. The business had revenue of $881.00 million for 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 business’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.84 EPS. 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 forecast that HubSpot, Inc. will post 4.39 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Yamini Rangan acquired 2,750 shares of HubSpot stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of $189.84 per share, for a total transaction of $522,060.00. Following the completion of the purchase, the chief executive officer directly owned 102,982 shares in the company, valued at $19,550,102.88. This trade represents a 2.74% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $184.42, for a total value of $1,567,570.00. Following the completion of the sale, the director owned 93,500 shares of the company’s stock, valued at approximately $17,243,270. This trade represents a 8.33% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders bought 14,063 shares of company stock valued at $2,585,781 and sold 26,207 shares valued at $5,567,244. 3.70% of the stock is owned by company insiders.

HubSpot Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding HUBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HubSpot, Inc. (NYSE:HUBSFree Report).

Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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