VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in shares of HubSpot, Inc. (NYSE:HUBS – Free Report) by 13.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,088 shares of the software maker’s stock after acquiring an additional 7,600 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.13% of HubSpot worth $13,547,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in HUBS. Assenagon Asset Management S.A. raised its position in HubSpot by 135.3% in the second quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker’s stock valued at $41,397,000 after purchasing an additional 130,433 shares during the period. Oppenheimer Asset Management Inc. purchased a new stake in shares of HubSpot in the second quarter worth about $1,366,000. Meeder Asset Management Inc. purchased a new stake in shares of HubSpot in the second quarter worth about $5,860,000. The Manufacturers Life Insurance Company grew its stake in shares of HubSpot by 175.3% in the first quarter. The Manufacturers Life Insurance Company now owns 11,063 shares of the software maker’s stock valued at $2,700,000 after buying an additional 7,044 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of HubSpot in the first quarter valued at about $41,434,000. Institutional investors and hedge funds own 90.39% of the company’s stock.
HubSpot Stock Down 2.1%
Shares of NYSE HUBS opened at $234.54 on Friday. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $497.96. The business has a 50 day moving average price of $234.71 and a two-hundred day moving average price of $232.72. The firm has a market cap of $11.70 billion, a PE ratio of 82.88, a price-to-earnings-growth ratio of 2.39 and a beta of 1.24.
HubSpot (NYSE:HUBS – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.24. The company had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. HubSpot’s revenue for the quarter was up 19.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.19 EPS. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, analysts anticipate that HubSpot, Inc. will post 4.63 earnings per share for the current year.
Insider Buying and Selling
In other news, insider Erika Fisher sold 702 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the completion of the sale, the insider owned 14,581 shares of the company’s stock, valued at approximately $3,429,742.82. The trade was a 4.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gerald Dischler bought 925 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was bought at an average cost of $215.93 per share, with a total value of $199,735.25. Following the transaction, the director directly owned 1,940 shares in the company, valued at approximately $418,904.20. The trade was a 91.13% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders sold 26,202 shares of company stock worth $6,155,159. Insiders own 3.70% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on the company. William Blair reiterated a “market perform” rating on shares of HubSpot in a report on Tuesday, October 6th. Truist Financial upped their price target on HubSpot from $230.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, September 21st. Canaccord Genuity Group lowered their price objective on shares of HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Cantor Fitzgerald lifted their price objective on shares of HubSpot from $200.00 to $265.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Stephens boosted their target price on shares of HubSpot from $251.00 to $255.00 and gave the stock an “equal weight” rating in a research report on Monday, September 21st. Eleven research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, HubSpot has a consensus rating of “Hold” and a consensus target price of $272.77.
View Our Latest Stock Analysis on HubSpot
HubSpot Company Profile
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.
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