Weiss Asset Management LP Makes New $1.29 Million Investment in HubSpot, Inc. $HUBS

Weiss Asset Management LP bought a new position in HubSpot, Inc. (NYSE:HUBS) in the 1st quarter, Holdings Channel.com reports. The firm bought 5,291 shares of the software maker’s stock, valued at approximately $1,292,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HUBS. Empowered Funds LLC lifted its position in HubSpot by 88.5% in the first quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after purchasing an additional 737 shares during the period. NewEdge Advisors LLC increased its position in HubSpot by 12.1% during the 2nd quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock worth $2,665,000 after purchasing an additional 516 shares during the period. Treasurer of the State of North Carolina increased its position in HubSpot by 4.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock worth $13,222,000 after purchasing an additional 1,077 shares during the period. Osterweis Capital Management Inc. purchased a new position in shares of HubSpot during the 2nd quarter worth approximately $34,000. Finally, Alliancebernstein L.P. raised its stake in shares of HubSpot by 35.0% during the 2nd quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock worth $209,335,000 after buying an additional 97,469 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analysts Set New Price Targets

HUBS has been the topic of a number of analyst reports. The Goldman Sachs Group restated a “buy” rating and issued a $382.00 price target on shares of HubSpot in a research note on Friday, May 8th. Jefferies Financial Group reiterated a “buy” rating and issued a $250.00 price objective on shares of HubSpot in a research report on Friday, May 8th. BNP Paribas Exane downgraded HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 target price for the company. in a report on Monday, May 11th. Raymond James Financial restated an “outperform” rating and set a $250.00 target price on shares of HubSpot in a research report on Friday, May 8th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $225.00 price target (down from $300.00) on shares of HubSpot in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $307.86.

Insider Activity at HubSpot

In other news, CTO Dharmesh Shah bought 10,000 shares of the stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of $181.37 per share, with a total value of $1,813,700.00. Following the completion of the acquisition, the chief technology officer owned 1,295,400 shares of the company’s stock, valued at approximately $234,946,698. This trade represents a 0.78% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Yamini Rangan purchased 2,750 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was purchased at an average price of $189.84 per share, with a total value of $522,060.00. Following the transaction, the chief executive officer owned 102,982 shares of the company’s stock, valued at approximately $19,550,102.88. This represents a 2.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders bought 14,063 shares of company stock valued at $2,585,781 and sold 17,915 shares valued at $3,654,114. 3.70% of the stock is owned by company insiders.

HubSpot Price Performance

Shares of NYSE:HUBS opened at $223.57 on Tuesday. The business’s 50 day simple moving average is $201.15 and its 200-day simple moving average is $236.27. The firm has a market capitalization of $11.45 billion, a price-to-earnings ratio of 117.05, a price-to-earnings-growth ratio of 2.24 and a beta of 1.22. HubSpot, Inc. has a 12 month low of $169.63 and a 12 month high of $568.16.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The firm had revenue of $881.00 million during the quarter, compared to the consensus estimate of $863.32 million. During the same period last year, the business posted $1.84 EPS. HubSpot’s quarterly revenue was up 23.4% on a year-over-year basis. 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, equities analysts anticipate that HubSpot, Inc. will post 4.39 earnings per share for the current year.

About HubSpot

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.