GSA Capital Partners LLP bought a new position in HubSpot, Inc. (NYSE:HUBS – Free Report) in the 2nd quarter, Holdings Channel reports. The fund bought 2,693 shares of the software maker’s stock, valued at approximately $491,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Empowered Funds LLC increased its position in shares of HubSpot by 88.5% during the first quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock worth $897,000 after acquiring an additional 737 shares during the period. NewEdge Advisors LLC raised its stake in HubSpot by 12.1% in the second quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock worth $2,665,000 after buying an additional 516 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in HubSpot by 4.7% during the second quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock worth $13,222,000 after buying an additional 1,077 shares during the period. Osterweis Capital Management Inc. purchased a new stake in HubSpot during the second quarter valued at approximately $34,000. Finally, Alliancebernstein L.P. boosted its stake in HubSpot by 35.0% in the second quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock valued at $209,335,000 after acquiring an additional 97,469 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.
Analyst Ratings Changes
Several analysts have weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and set a $250.00 target price on shares of HubSpot in a research report on Friday, May 8th. Morgan Stanley set a $287.00 price objective on HubSpot in a research report on Thursday, August 6th. Barclays cut their price target on HubSpot from $270.00 to $240.00 and set an “overweight” rating for the company in a research note on Thursday, August 6th. Stephens lowered HubSpot from an “overweight” rating to a “hold” rating and set a $251.00 price objective on the stock. in a report on Thursday, August 6th. Finally, Bank of America restated an “underperform” rating and set a $200.00 price target on shares of HubSpot in a research report on Thursday, August 6th. Fifteen research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $268.90.
Insiders Place Their Bets
In other news, insider Erika Ashley Fisher sold 702 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the sale, the insider directly owned 14,581 shares in the company, valued at $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gerald Dischler purchased 925 shares of the business’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 completion of the acquisition, the director owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. The trade was a 91.13% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have sold 26,202 shares of company stock worth $5,477,709. Company insiders own 3.70% of the company’s stock.
HubSpot Stock Performance
HUBS stock opened at $240.26 on Friday. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $525.51. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of 84.90, a PEG ratio of 2.45 and a beta of 1.19. The company’s 50 day moving average price is $209.65 and its 200 day moving average price is $223.69.
HubSpot (NYSE:HUBS – Get Free Report) last issued 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 analyst estimates of $898.31 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.The business’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same quarter 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. Equities analysts forecast that HubSpot, Inc. will post 4.54 EPS for the current fiscal year.
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.
Further Reading
- Five stocks we like better than HubSpot
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
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.
