Danica Pension Livsforsikringsaktieselskab decreased its position in shares of HubSpot, Inc. (NYSE:HUBS – Free Report) by 72.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 70,204 shares of the software maker’s stock after selling 185,719 shares during the quarter. Danica Pension Livsforsikringsaktieselskab owned 0.14% of HubSpot worth $17,137,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in HUBS. Price T Rowe Associates Inc. MD increased its holdings in shares of 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 worth $1,838,727,000 after purchasing an additional 1,224,424 shares in the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of HubSpot by 13.1% during the first 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 in the last quarter. State Street Corp boosted its position in shares of HubSpot by 3.7% during the fourth quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after buying an additional 42,948 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of HubSpot by 117.6% during the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock valued at $477,138,000 after buying an additional 642,545 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of HubSpot by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock valued at $388,917,000 after buying an additional 14,159 shares during the last quarter. 90.39% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other HubSpot news, CEO Yamini Rangan acquired 2,750 shares of the business’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 directly owned 102,982 shares in the company, valued at approximately $19,550,102.88. The trade was a 2.74% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $184.42, for a total transaction of $1,567,570.00. Following the sale, the director directly owned 93,500 shares of the company’s stock, valued at approximately $17,243,270. The trade was a 8.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have bought 14,063 shares of company stock valued at $2,585,781 and have sold 17,915 shares valued at $3,654,114. 3.70% of the stock is owned by corporate insiders.
HubSpot Stock Performance
HubSpot (NYSE:HUBS – Get Free Report) last announced 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 for the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The business’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period last year, the firm posted $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. As a group, sell-side analysts predict that HubSpot, Inc. will post 4.39 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on HUBS shares. Raymond James Financial reissued an “outperform” rating and issued a $250.00 target price on shares of HubSpot in a research report on Friday, May 8th. Barclays dropped their price target on shares of HubSpot from $300.00 to $270.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Piper Sandler reduced their price target on shares of HubSpot from $260.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. BNP Paribas Exane cut shares of HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 price objective for the company. in a report on Monday, May 11th. Finally, KeyCorp lowered their price objective on shares of HubSpot from $340.00 to $290.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $308.32.
Read Our Latest Stock Analysis on HubSpot
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.
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