Northwestern Mutual Wealth Management Co. Has $114.30 Million Position in HubSpot, Inc. $HUBS

Northwestern Mutual Wealth Management Co. grew its stake in HubSpot, Inc. (NYSE:HUBS) by 22,795.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 284,816 shares of the software maker’s stock after purchasing an additional 283,572 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in HubSpot were worth $114,297,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Fifth Third Bancorp increased its position in shares of HubSpot by 2.5% during the third quarter. Fifth Third Bancorp now owns 1,076 shares of the software maker’s stock valued at $503,000 after buying an additional 26 shares during the period. GPS Wealth Strategies Group LLC increased its position in shares of HubSpot by 5.7% during the third quarter. GPS Wealth Strategies Group LLC now owns 522 shares of the software maker’s stock valued at $244,000 after buying an additional 28 shares during the period. Bessemer Group Inc. increased its position in shares of HubSpot by 9.1% during the third quarter. Bessemer Group Inc. now owns 335 shares of the software maker’s stock valued at $156,000 after buying an additional 28 shares during the period. National Bank of Canada FI increased its position in shares of HubSpot by 8.6% during the third quarter. National Bank of Canada FI now owns 379 shares of the software maker’s stock valued at $177,000 after buying an additional 30 shares during the period. Finally, Westside Investment Management Inc. increased its position in shares of HubSpot by 80.5% during the third quarter. Westside Investment Management Inc. now owns 74 shares of the software maker’s stock valued at $33,000 after buying an additional 33 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on HUBS shares. Sanford C. Bernstein set a $381.00 price target on HubSpot in a research report on Friday, May 8th. The Goldman Sachs Group reissued a “buy” rating and set a $382.00 price objective on shares of HubSpot in a report on Friday, May 8th. Citigroup lowered HubSpot from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $321.00 to $230.00 in a report on Friday, May 8th. Royal Bank Of Canada cut their price objective on HubSpot from $400.00 to $350.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Finally, Wells Fargo & Company cut their price objective on HubSpot from $350.00 to $300.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Twenty-two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $311.00.

HubSpot Trading Up 8.4%

Shares of NYSE HUBS opened at $198.94 on Friday. HubSpot, Inc. has a 12 month low of $173.25 and a 12 month high of $669.46. The firm has a market capitalization of $10.19 billion, a price-to-earnings ratio of 104.16, a PEG ratio of 2.51 and a beta of 1.23. The business has a 50-day moving average of $234.27 and a 200-day moving average of $307.21.

HubSpot (NYSE:HUBS) last issued its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.25. The business had revenue of $881.00 million during the quarter, compared to analyst estimates of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.HubSpot’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.84 earnings per share. 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, analysts predict that HubSpot, Inc. will post 3.79 earnings per share for the current year.

Insiders Place Their Bets

In other HubSpot news, insider Erika Ashley Fisher sold 915 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $236.66, for a total value of $216,543.90. Following the completion of the sale, the insider owned 16,270 shares of the company’s stock, valued at $3,850,458.20. This represents a 5.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Brian Halligan sold 8,292 shares of the company’s stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $230.72, for a total value of $1,913,130.24. Following the completion of the sale, the director directly owned 362,000 shares of the company’s stock, valued at approximately $83,520,640. This represents a 2.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have bought 14,063 shares of company stock valued at $2,585,781 and have sold 25,968 shares valued at $6,453,082. Corporate insiders own 4.00% of the company’s stock.

HubSpot 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.