Eventide Asset Management LLC Boosts Stake in HubSpot, Inc. $HUBS

Eventide Asset Management LLC grew its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 4.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 89,921 shares of the software maker’s stock after buying an additional 3,648 shares during the period. Eventide Asset Management LLC’s holdings in HubSpot were worth $36,093,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in HUBS. Strategic Advocates LLC purchased a new stake in shares of HubSpot during the 3rd quarter valued at $25,000. Turning Point Benefit Group Inc. purchased a new stake in shares of HubSpot during the 3rd quarter valued at $25,000. Rakuten Securities Inc. raised its position in shares of HubSpot by 783.3% during the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after buying an additional 47 shares in the last quarter. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of HubSpot during the 4th quarter valued at $33,000. Finally, Osterweis Capital Management Inc. purchased a new stake in shares of HubSpot during the 2nd quarter valued at $34,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HUBS. UBS Group lowered their price objective on shares of HubSpot from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Wall Street Zen cut shares of HubSpot from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 19th. Canaccord Genuity Group set a $335.00 price objective on shares of HubSpot in a research report on Friday, May 8th. Zacks Research lowered shares of HubSpot from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Finally, Mizuho reduced their target price on shares of HubSpot from $300.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Twenty-two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, HubSpot presently has an average rating of “Moderate Buy” and a consensus price target of $311.00.

Insiders Place Their Bets

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $220.00, for a total value of $1,870,000.00. Following the sale, the director owned 353,500 shares of the company’s stock, valued at $77,770,000. This trade represents a 2.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Yamini Rangan purchased 2,750 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was purchased at an average cost of $189.84 per share, for a total transaction of $522,060.00. Following the acquisition, 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 ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have purchased 14,063 shares of company stock worth $2,585,781 and have sold 26,207 shares worth $6,233,049. Insiders own 3.70% of the company’s stock.

HubSpot Stock Performance

HUBS stock opened at $187.83 on Friday. HubSpot, Inc. has a 52 week low of $173.25 and a 52 week high of $568.16. The firm’s fifty day moving average is $214.15 and its 200 day moving average is $277.85. The firm has a market cap of $9.62 billion, a P/E ratio of 98.34, a P/E/G ratio of 2.06 and a beta of 1.21.

HubSpot (NYSE:HUBS) last released its earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $863.32 million. During the same quarter last year, the firm earned $1.84 EPS. The firm’s quarterly revenue 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. As a group, analysts forecast that HubSpot, Inc. will post 4.39 EPS for the current year.

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.