HubSpot, Inc. (NYSE:HUBS – Get Free Report) Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the transaction, the director owned 59,500 shares in the company, valued at $14,254,415. This represents a 12.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Brian Halligan also recently made the following trade(s):
- On Tuesday, September 15th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $245.64, for a total value of $2,087,940.00.
- On Tuesday, August 18th, Brian Halligan sold 8,500 shares of HubSpot stock. The shares were sold at an average price of $219.50, for a total transaction of $1,865,750.00.
HubSpot Stock Performance
Shares of HubSpot stock traded down $0.96 during trading hours on Wednesday, hitting $249.80. The company’s stock had a trading volume of 638,916 shares, compared to its average volume of 1,751,489. The business has a 50 day moving average price of $231.07 and a two-hundred day moving average price of $217.65. The company has a market cap of $12.46 billion, a PE ratio of 88.27, a PEG ratio of 2.42 and a beta of 1.24. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $497.96.
HubSpot (NYSE:HUBS – Get Free Report) last posted its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating the consensus estimate of $3.02 by $0.24. The company had revenue of $911.74 million during the quarter, compared to analysts’ expectations of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. HubSpot’s quarterly revenue was up 19.8% on a year-over-year basis. During the same period last year, the company posted $2.19 earnings per share. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. As a group, research analysts anticipate that HubSpot, Inc. will post 4.63 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on HUBS shares. Stephens boosted their price objective on shares of HubSpot from $251.00 to $255.00 and gave the company an “equal weight” rating in a research report on Monday, September 21st. The Goldman Sachs Group set a $276.00 target price on shares of HubSpot in a report on Thursday, August 6th. Truist Financial raised their target price on shares of HubSpot from $230.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, September 21st. Bank of America reaffirmed an “underperform” rating and set a $200.00 price target on shares of HubSpot in a research note on Thursday, August 6th. Finally, KeyCorp cut their price target on shares of HubSpot from $290.00 to $285.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, HubSpot currently has an average rating of “Hold” and a consensus price target of $264.97.
Check Out Our Latest Stock Analysis on HubSpot
Institutional Trading of HubSpot
Hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of HubSpot during the second quarter worth about $631,386,000. Pictet Asset Management Holding SA raised its position in shares of 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. Arrowstreet Capital Limited Partnership raised its position in shares of HubSpot by 352.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock valued at $220,559,000 after purchasing an additional 703,706 shares during the last quarter. Amundi raised its position in shares of HubSpot by 33.4% in the 1st quarter. Amundi now owns 586,037 shares of the software maker’s stock valued at $143,052,000 after purchasing an additional 146,871 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in HubSpot in the 2nd quarter worth approximately $112,671,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.
About HubSpot
HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.
The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.
Further Reading
- Five stocks we like better than HubSpot
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Receive News & Ratings for HubSpot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HubSpot and related companies with MarketBeat.com's FREE daily email newsletter.
