Brian Halligan Sells 8,500 Shares of HubSpot (NYSE:HUBS) Stock

HubSpot, Inc. (NYSE:HUBS) Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $219.50, for a total value of $1,865,750.00. Following the completion of the transaction, the director directly owned 76,500 shares in the company, valued at $16,791,750. This trade represents a 10.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Brian Halligan also recently made the following trade(s):

• On Tuesday, July 21st, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $221.09, for a total value of $1,879,265.00.
• On Tuesday, June 16th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $184.42, for a total value of $1,567,570.00.

HubSpot Trading Down 1.2%

Shares of HUBS traded down $2.91 during trading hours on Thursday, reaching $238.74. 960,965 shares of the company traded hands, compared to its average volume of 1,833,823. The stock’s fifty day moving average price is $207.56 and its 200 day moving average price is $223.86. The firm has a market cap of $11.91 billion, a price-to-earnings ratio of 84.36, a PEG ratio of 2.31 and a beta of 1.19. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $525.51.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping the consensus estimate of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The company had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. During the same quarter last year, the firm posted $2.19 EPS. The firm’s revenue was up 19.8% compared to the same quarter last year. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, research analysts forecast that HubSpot, Inc. will post 4.54 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HUBS. Evercore set a $225.00 price target on HubSpot in a report on Friday, May 8th. Barclays reduced their price objective on HubSpot from $270.00 to $240.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Citigroup decreased their target price on HubSpot from $217.00 to $210.00 and set a “buy” rating for the company in a research report on Friday, August 7th. BTIG Research lowered their target price on HubSpot from $300.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, Raymond James Financial reissued an “outperform” rating and set a $250.00 price target on shares of HubSpot in a research report on Friday, May 8th. Fifteen analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, HubSpot has an average rating of “Hold” and an average target price of $268.90.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in HUBS. Turning Point Benefit Group Inc. purchased a new stake in shares of HubSpot during the 3rd quarter worth $25,000. Rakuten Securities Inc. grew 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 purchasing an additional 47 shares during the last quarter. Cary Street Partners Investment Advisory LLC bought a new position in HubSpot in the fourth quarter worth about $33,000. Osterweis Capital Management Inc. bought a new position in HubSpot in the second quarter worth about $34,000. Finally, Larson Financial Group LLC lifted its position in shares of HubSpot by 378.9% during the fourth quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock valued at $37,000 after buying an additional 72 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

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.