RDST Capital LLC Sells 16,635 Shares of HubSpot, Inc. $HUBS

RDST Capital LLC lowered its position in shares of HubSpot, Inc. (NYSE:HUBSFree Report) by 10.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 141,150 shares of the software maker’s stock after selling 16,635 shares during the period. HubSpot accounts for 3.3% of RDST Capital LLC’s investment portfolio, making the stock its 17th largest holding. RDST Capital LLC’s holdings in HubSpot were worth $34,455,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. National Bank of Canada FI increased its stake in shares of HubSpot by 8.6% in the third quarter. National Bank of Canada FI now owns 379 shares of the software maker’s stock worth $177,000 after purchasing an additional 30 shares in the last quarter. Jackson Thornton Wealth Management LLC lifted its stake in shares of HubSpot by 6.6% during the 4th quarter. Jackson Thornton Wealth Management LLC now owns 691 shares of the software maker’s stock valued at $274,000 after buying an additional 43 shares in the last quarter. Rakuten Securities Inc. lifted its stake 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. Orion Porfolio Solutions LLC boosted its holdings in HubSpot by 2.9% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,784 shares of the software maker’s stock worth $994,000 after buying an additional 51 shares during the period. Finally, Elevation Point Wealth Partners LLC boosted its holdings in HubSpot by 3.3% in the 4th quarter. Elevation Point Wealth Partners LLC now owns 1,738 shares of the software maker’s stock worth $697,000 after buying an additional 55 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

HUBS has been the topic of a number of recent analyst reports. The Goldman Sachs Group reissued a “buy” rating and set a $382.00 price target on shares of HubSpot in a report on Friday, May 8th. UBS Group reaffirmed an “overweight” rating on shares of HubSpot in a research note on Tuesday. JPMorgan Chase & Co. cut their target price on HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Cantor Fitzgerald downgraded HubSpot from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $325.00 to $200.00 in a research note on Friday, May 8th. Finally, BMO Capital Markets lowered their price target on HubSpot from $285.00 to $230.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, HubSpot has a consensus rating of “Moderate Buy” and a consensus price target of $307.86.

View Our Latest Stock Analysis on HubSpot

HubSpot Stock Up 7.0%

HubSpot stock opened at $238.55 on Wednesday. The company has a market cap of $12.22 billion, a price-to-earnings ratio of 124.90, a PEG ratio of 2.44 and a beta of 1.22. The firm’s fifty day moving average is $201.75 and its 200 day moving average is $235.14. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $566.01.

HubSpot (NYSE:HUBSGet Free Report) last released its quarterly earnings data 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 business had revenue of $881.00 million during the quarter, compared to analyst estimates of $863.32 million. During the same quarter last year, the business earned $1.84 earnings per share. HubSpot’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. On average, equities research analysts anticipate that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal year.

Insider Transactions at HubSpot

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total transaction of $1,879,265.00. Following the sale, the director directly owned 85,000 shares of the company’s stock, valued at $18,792,650. The trade was a 9.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Erika Ashley Fisher sold 915 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $236.66, for a total value of $216,543.90. Following the sale, the insider owned 16,270 shares in the company, valued at approximately $3,850,458.20. This trade represents a 5.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have purchased 14,063 shares of company stock worth $2,585,781 and have sold 26,415 shares worth $5,533,379. 3.70% of the stock is currently owned by insiders.

About HubSpot

(Free Report)

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.

See Also

Want to see what other hedge funds are holding HUBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HubSpot, Inc. (NYSE:HUBSFree Report).

Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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