Pallas Capital Advisors LLC Acquires Shares of 2,144 HubSpot, Inc. $HUBS

Pallas Capital Advisors LLC acquired a new position in shares of HubSpot, Inc. (NYSE:HUBSFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,144 shares of the software maker’s stock, valued at approximately $391,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Deutsche Bank AG bought a new position in shares of HubSpot during the second quarter worth about $5,438,000. Plato Investment Management Ltd acquired a new position in HubSpot in the second quarter worth about $577,000. Global Retirement Partners LLC bought a new stake in HubSpot in the second quarter valued at about $38,000. SCS Capital Management LLC acquired a new stake in HubSpot during the second quarter valued at approximately $217,000. Finally, Bank of New York Mellon Corp acquired a new stake in HubSpot during the second quarter valued at approximately $46,171,000. Institutional investors own 90.39% of the company’s stock.

Insider Activity at HubSpot

In other HubSpot news, insider Erika Ashley 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 transaction of $165,124.44. Following the completion of the transaction, the insider directly owned 14,581 shares of the company’s stock, valued at $3,429,742.82. The trade was a 4.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $219.50, for a total transaction of $1,865,750.00. Following the completion of the transaction, the director owned 76,500 shares of the company’s stock, valued at approximately $16,791,750. This trade represents a 10.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 26,202 shares of company stock worth $5,477,709 in the last ninety days. 3.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on HUBS shares. BMO Capital Markets lowered HubSpot from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $230.00 to $215.00 in a research report on Thursday, August 6th. Oppenheimer cut HubSpot from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Stifel Nicolaus cut HubSpot from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $275.00 to $200.00 in a research note on Thursday, August 6th. Mizuho decreased their price objective on shares of HubSpot from $300.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Finally, Zacks Research lowered shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Fifteen analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, HubSpot has an average rating of “Hold” and an average price target of $268.90.

Read Our Latest Report on HUBS

HubSpot Trading Down 1.2%

Shares of HubSpot stock opened at $238.74 on Friday. The stock has a market capitalization of $11.91 billion, a price-to-earnings ratio of 84.36, a PEG ratio of 2.47 and a beta of 1.19. HubSpot, Inc. has a twelve month low of $169.63 and a twelve month high of $525.51. The business’s 50 day simple moving average is $208.60 and its 200-day simple moving average is $223.57.

HubSpot (NYSE:HUBSGet Free Report) last released its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.The business had revenue of $911.74 million during the quarter, compared to analyst estimates of $898.31 million. During the same quarter in the previous year, the firm posted $2.19 EPS. The business’s revenue for the quarter 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. Sell-side analysts predict that HubSpot, Inc. will post 4.54 earnings per share for the current year.

HubSpot Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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