Yousif Capital Management LLC purchased a new position in HubSpot, Inc. (NYSE:HUBS – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,970 shares of the software maker’s stock, valued at approximately $2,659,000.
Several other institutional investors have also modified their holdings of the business. BlackRock Inc. acquired a new position in HubSpot during the 2nd quarter worth $631,386,000. Arrowstreet Capital Limited Partnership increased its holdings in HubSpot by 352.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after purchasing an additional 703,706 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in HubSpot during the 2nd quarter worth about $112,671,000. Bank of America Corp DE acquired a new stake in HubSpot in the 2nd quarter valued at about $70,174,000. Finally, Edmond DE Rothschild Holding S.A. acquired a new stake in HubSpot in the 2nd quarter valued at about $64,616,000. Institutional investors and hedge funds own 90.39% of the company’s stock.
Insider Activity at HubSpot
In other news, Director Gerald Dischler purchased 925 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were purchased at an average price of $215.93 per share, with a total value of $199,735.25. Following the purchase, the director directly owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This represents a 91.13% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total value of $2,036,345.00. Following the completion of the transaction, the director owned 59,500 shares in the company, valued at approximately $14,254,415. This trade represents a 12.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 26,202 shares of company stock worth $6,155,159. Corporate insiders own 3.70% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on HUBS shares. JPMorgan Chase & Co. cut shares of HubSpot from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $268.00 to $240.00 in a research report on Thursday, October 8th. The Goldman Sachs Group set a $276.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. Morgan Stanley set a $287.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. BMO Capital Markets upped their target price on shares of HubSpot from $215.00 to $250.00 and gave the company a “market perform” rating in a report on Monday, September 21st. Finally, Capital One Financial set a $206.00 price target on shares of HubSpot and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. Eleven investment analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, HubSpot has a consensus rating of “Hold” and a consensus target price of $271.32.
Read Our Latest Research Report on HUBS
HubSpot Trading Down 4.9%
Shares of NYSE HUBS opened at $251.03 on Wednesday. The firm has a 50-day moving average price of $234.37 and a 200 day moving average price of $234.69. HubSpot, Inc. has a 52 week low of $169.63 and a 52 week high of $497.96.
HubSpot (NYSE:HUBS – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. The firm had revenue of $911.74 million during the quarter, compared to analyst estimates of $898.31 million. The business’s quarterly revenue was up 19.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.19 EPS. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Analysts anticipate that HubSpot, Inc. will post 4.63 EPS for the current fiscal year.
HubSpot Profile
HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.
The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.
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