Oddo BHF Asset Management Sas Sells 18,390 Shares of HubSpot, Inc. $HUBS

Oddo BHF Asset Management Sas reduced its holdings in HubSpot, Inc. (NYSE:HUBS) by 86.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,886 shares of the software maker’s stock after selling 18,390 shares during the period. Oddo BHF Asset Management Sas’ holdings in HubSpot were worth $704,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HUBS. Bull Harbor Capital LLC acquired a new position in shares of HubSpot during the 1st quarter worth about $444,000. Atreides Management LP bought a new position in shares of HubSpot in the 1st quarter valued at about $56,659,000. Arete Wealth Advisors LLC acquired a new stake in shares of HubSpot in the first quarter valued at about $3,109,000. Spyglass Capital Management LLC increased its position in shares of HubSpot by 18.5% in the first quarter. Spyglass Capital Management LLC now owns 313,922 shares of the software maker’s stock valued at $76,628,000 after acquiring an additional 48,993 shares during the last quarter. Finally, Amundi raised its holdings in HubSpot by 33.4% during the first quarter. Amundi now owns 586,037 shares of the software maker’s stock worth $143,052,000 after acquiring an additional 146,871 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total transaction of $1,879,265.00. Following the completion of the sale, the director owned 85,000 shares of the company’s stock, valued at $18,792,650. This trade represents a 9.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Dharmesh Shah acquired 10,000 shares of HubSpot stock in a transaction on Tuesday, May 12th. The shares were bought at an average cost of $181.37 per share, with a total value of $1,813,700.00. Following the completion of the transaction, the chief technology officer owned 1,295,400 shares of the company’s stock, valued at approximately $234,946,698. This trade represents a 0.78% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have purchased 14,063 shares of company stock worth $2,585,781 and have sold 26,415 shares worth $5,533,379. Insiders own 3.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on HUBS shares. Barclays reduced their price target on HubSpot from $300.00 to $270.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. The Goldman Sachs Group reiterated a “buy” rating and set a $382.00 price objective on shares of HubSpot in a research note on Friday, May 8th. Truist Financial cut their price objective on HubSpot from $300.00 to $230.00 and set a “buy” rating for the company in a report on Friday, May 8th. Stifel Nicolaus set a $275.00 target price on shares of HubSpot in a report on Friday, May 8th. Finally, Mizuho dropped their price target on shares of HubSpot from $300.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $307.86.

HubSpot Stock Down 7.2%

Shares of NYSE HUBS opened at $233.11 on Friday. The business’s 50 day moving average price is $203.39 and its two-hundred day moving average price is $233.33. The company has a market cap of $11.94 billion, a PE ratio of 122.05, a price-to-earnings-growth ratio of 2.74 and a beta of 1.22. HubSpot, Inc. has a twelve month low of $169.63 and a twelve month high of $541.53.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating 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 company had revenue of $881.00 million during the quarter, compared to analysts’ expectations of $863.32 million. During the same period last year, the firm posted $1.84 earnings per share. The business’s revenue was up 23.4% on a year-over-year basis. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. As a group, research analysts anticipate that HubSpot, Inc. will post 4.39 EPS for the current fiscal year.

HubSpot Company 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.