330,241 Shares in HubSpot, Inc. $HUBS Acquired by Freestone Grove Partners LP

Freestone Grove Partners LP bought a new stake in HubSpot, Inc. (NYSE:HUBSFree Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 330,241 shares of the software maker’s stock, valued at approximately $60,272,000.

Several other hedge funds have also recently added to or reduced their stakes in HUBS. National Bank of Canada FI boosted its position in HubSpot by 8.6% during the 3rd 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 period. Rakuten Securities Inc. increased its holdings in shares of HubSpot by 783.3% during the second 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 period. Orion Porfolio Solutions LLC increased its holdings in shares of HubSpot by 2.9% during the second 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 period. Elevation Point Wealth Partners LLC raised its stake in shares of HubSpot by 3.3% during the fourth quarter. Elevation Point Wealth Partners LLC now owns 1,738 shares of the software maker’s stock valued at $697,000 after purchasing an additional 55 shares in the last quarter. Finally, Turning Point Benefit Group Inc. bought a new stake in shares of HubSpot during the third quarter valued at about $25,000. Institutional investors own 90.39% of the company’s stock.

HubSpot Stock Down 0.3%

Shares of HUBS stock opened at $236.86 on Thursday. The stock has a 50-day simple moving average of $213.12 and a 200 day simple moving average of $223.38. The stock has a market capitalization of $11.81 billion, a P/E ratio of 83.70, a P/E/G ratio of 2.57 and a beta of 1.19. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $525.51.

HubSpot (NYSE:HUBSGet Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping the consensus estimate of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm had revenue of $911.74 million for the quarter, compared to analysts’ expectations of $898.31 million. During the same period in the previous year, the business earned $2.19 earnings per share. HubSpot’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. On average, sell-side analysts anticipate that HubSpot, Inc. will post 4.54 earnings per share for the current year.

Insider Transactions at HubSpot

In related news, Director Gerald Dischler bought 925 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were bought at an average cost of $215.93 per share, with a total value of $199,735.25. Following the completion of the transaction, the director directly owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This trade represents a 91.13% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Erika Ashley Fisher sold 702 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was 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 trade represents a 4.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 26,202 shares of company stock valued at $5,477,709 in the last quarter. Insiders own 3.70% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on HUBS shares. Wolfe Research lowered shares of HubSpot from an “outperform” rating to a “peer perform” rating in a research report on Thursday, August 6th. 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. Stifel Nicolaus lowered shares of HubSpot from a “buy” rating to a “hold” rating and reduced their price target for the stock from $275.00 to $200.00 in a research note on Thursday, August 6th. TD Cowen decreased their price objective on shares of HubSpot from $250.00 to $220.00 and set a “hold” rating for the company in a report on Thursday, August 6th. Finally, Sanford C. Bernstein lowered shares of HubSpot from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $381.00 to $220.00 in a research note on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $268.90.

Get Our Latest Analysis on HubSpot

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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