Plato Investment Management Ltd bought a new stake in HubSpot, Inc. (NYSE:HUBS – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,179 shares of the software maker’s stock, valued at approximately $577,000.
Several other institutional investors have also recently bought and sold shares of the business. National Bank of Canada FI lifted its holdings 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 acquiring an additional 30 shares during the last quarter. Rakuten Securities Inc. grew its holdings 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 purchasing an additional 47 shares during the last quarter. Orion Porfolio Solutions LLC grew its holdings in shares of HubSpot by 2.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,784 shares of the software maker’s stock valued at $994,000 after purchasing an additional 51 shares during the last quarter. Elevation Point Wealth Partners LLC increased its position in HubSpot by 3.3% during the 4th quarter. Elevation Point Wealth Partners LLC now owns 1,738 shares of the software maker’s stock worth $697,000 after purchasing an additional 55 shares in the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new position in HubSpot during the 3rd quarter worth approximately $25,000. Institutional investors and hedge funds own 90.39% of the company’s stock.
Analyst Upgrades and Downgrades
HUBS has been the subject of several research analyst reports. BTIG Research lowered their price target on shares of HubSpot from $300.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Sanford C. Bernstein downgraded HubSpot from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $381.00 to $220.00 in a report on Thursday, August 6th. Cantor Fitzgerald restated a “neutral” rating and set a $200.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. The Goldman Sachs Group set a $276.00 target price on HubSpot in a report on Thursday, August 6th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of HubSpot in a research report on Wednesday, June 24th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, HubSpot currently has an average rating of “Hold” and a consensus price target of $268.90.
HubSpot Stock Performance
Shares of NYSE HUBS opened at $226.53 on Wednesday. The firm has a 50 day moving average price of $206.59 and a two-hundred day moving average price of $224.14. The stock has a market cap of $11.30 billion, a P/E ratio of 80.05, a price-to-earnings-growth ratio of 2.29 and a beta of 1.19. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $525.51.
HubSpot (NYSE:HUBS – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The company had revenue of $911.74 million for the quarter, compared to analyst estimates of $898.31 million. During the same quarter in the previous year, the business earned $2.19 earnings per share. HubSpot’s revenue was up 19.8% compared to the same quarter last year. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Analysts predict that HubSpot, Inc. will post 4.54 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, Director Brian Halligan sold 8,500 shares of the stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total value of $1,879,265.00. Following the completion of the sale, the director owned 85,000 shares of the company’s stock, valued at approximately $18,792,650. This represents a 9.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Gerald Dischler purchased 925 shares of the firm’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 purchase, the director owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 17,702 shares of company stock valued at $3,611,959 in the last three months. Insiders own 3.70% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than HubSpot
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
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:HUBS – Free Report).
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.
