HubSpot, Inc. (NYSE:HUBS – Get Free Report) shot up 9.4% during mid-day trading on Thursday . The stock traded as high as $216.87 and last traded at $229.83. Approximately 723,340 shares changed hands during trading, a decline of 60% from the average daily volume of 1,826,006 shares. The stock had previously closed at $210.12.
Analyst Ratings Changes
A number of research analysts recently commented on the stock. UBS Group set a $287.00 price target on shares of HubSpot in a report on Thursday, August 6th. Wall Street Zen downgraded HubSpot from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. Raymond James Financial reaffirmed an “outperform” rating and issued a $250.00 price objective on shares of HubSpot in a research note on Friday, May 8th. BNP Paribas Exane cut HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 target price for the company. in a report on Monday, May 11th. Finally, Citigroup cut their target price on HubSpot from $217.00 to $210.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, HubSpot currently has an average rating of “Hold” and a consensus price target of $268.90.
Get Our Latest Analysis on HUBS
HubSpot Price Performance
HubSpot (NYSE:HUBS – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.The firm had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. During the same period in the prior year, the business posted $2.19 earnings per share. The company’s revenue for the quarter was up 19.8% on a year-over-year basis. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. As a group, equities research analysts predict that HubSpot, Inc. will post 4.61 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction on Tuesday, July 21st. The shares were 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 directly owned 85,000 shares of the company’s stock, valued at approximately $18,792,650. The trade was a 9.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Erika Ashley Fisher sold 702 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the sale, the insider directly owned 14,581 shares of the company’s stock, valued at $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 26,202 shares of company stock worth $5,481,959 over the last quarter. Company insiders own 3.70% of the company’s stock.
Institutional Investors Weigh In On HubSpot
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. National Bank of Canada FI grew its position in shares of 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 period. Rakuten Securities Inc. raised its holdings in HubSpot by 783.3% during the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after buying an additional 47 shares during the period. Orion Porfolio Solutions LLC lifted its stake in HubSpot by 2.9% in the second quarter. Orion Porfolio Solutions LLC now owns 1,784 shares of the software maker’s stock valued at $994,000 after buying an additional 51 shares in the last quarter. Elevation Point Wealth Partners LLC lifted its stake in HubSpot by 3.3% in the fourth quarter. Elevation Point Wealth Partners LLC now owns 1,738 shares of the software maker’s stock valued at $697,000 after buying an additional 55 shares in the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of HubSpot in the third quarter valued at approximately $25,000. Institutional investors own 90.39% of the company’s stock.
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.
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