HubSpot (NYSE:HUBS) Shares Gap Down – Should You Sell?

HubSpot, Inc. (NYSE:HUBS)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $208.19, but opened at $200.00. HubSpot shares last traded at $202.8550, with a volume of 151,350 shares.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Truist Financial lowered their target price on shares of HubSpot from $300.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Stifel Nicolaus set a $275.00 price objective on shares of HubSpot in a research note on Friday, May 8th. Jefferies Financial Group reissued a “buy” rating and set a $250.00 price objective on shares of HubSpot in a research note on Friday, May 8th. Raymond James Financial reaffirmed an “outperform” rating and set a $250.00 price target on shares of HubSpot in a research note on Friday, May 8th. Finally, Canaccord Genuity Group set a $335.00 price target on shares of HubSpot in a research note on Friday, May 8th. Twenty-two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $311.00.

HubSpot Stock Performance

The company has a market capitalization of $10.19 billion, a price-to-earnings ratio of 104.18, a price-to-earnings-growth ratio of 2.23 and a beta of 1.23. The company’s fifty day simple moving average is $227.77 and its two-hundred day simple moving average is $298.42.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The company had revenue of $881.00 million during the quarter, compared to analyst estimates of $863.32 million. During the same period last year, the business earned $1.84 EPS. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Sell-side analysts anticipate that HubSpot, Inc. will post 4.39 EPS for the current year.

Insider Buying and Selling

In other HubSpot news, Director Lorrie M. Norrington purchased 1,313 shares of HubSpot stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the transaction, the director owned 2,838 shares in the company, valued at $540,411.96. This represents a 86.10% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Yamini Rangan purchased 2,750 shares of HubSpot stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average price of $189.84 per share, for a total transaction of $522,060.00. Following the completion of the transaction, the chief executive officer owned 102,982 shares in the company, valued at approximately $19,550,102.88. The trade was a 2.74% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $6,233,049. Corporate insiders own 4.00% of the company’s stock.

Institutional Trading of HubSpot

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in HubSpot by 6.4% in the 3rd quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock valued at $2,683,659,000 after purchasing an additional 345,524 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in HubSpot by 36.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock valued at $1,838,727,000 after purchasing an additional 1,224,424 shares during the last quarter. Pictet Asset Management Holding SA lifted its position in HubSpot by 13.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock valued at $533,993,000 after purchasing an additional 252,604 shares during the last quarter. State Street Corp lifted its position in HubSpot by 3.7% in the 4th quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after purchasing an additional 42,948 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in HubSpot by 117.6% in the 4th quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock valued at $477,138,000 after purchasing an additional 642,545 shares during the last quarter. 90.39% of the stock is currently 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.