Insider Buying: HubSpot (NYSE:HUBS) CTO Purchases $1,813,700.00 in Stock

HubSpot, Inc. (NYSE:HUBS) CTO Dharmesh Shah purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of $181.37 per share, for a total transaction of $1,813,700.00. Following the completion of the purchase, the chief technology officer owned 1,295,400 shares of the company’s stock, valued at approximately $234,946,698. This trade represents a 0.78% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

HubSpot Stock Up 2.7%

Shares of HubSpot stock opened at $183.77 on Friday. HubSpot, Inc. has a 52-week low of $173.25 and a 52-week high of $669.46. The company’s 50-day simple moving average is $235.86 and its 200-day simple moving average is $307.98. The firm has a market cap of $9.41 billion, a price-to-earnings ratio of 96.21, a price-to-earnings-growth ratio of 2.27 and a beta of 1.23.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The business had revenue of $881.00 million for the quarter, compared to analyst estimates of $863.32 million. During the same period in the previous year, the business posted $1.84 earnings per share. The business’s revenue was up 23.4% compared to the same quarter last year. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Equities research analysts anticipate that HubSpot, Inc. will post 3.79 EPS for the current year.

Institutional Trading of HubSpot

Several institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC purchased a new stake in shares of HubSpot in the first quarter valued at about $41,434,000. Gabelli Funds LLC purchased a new stake in shares of HubSpot in the first quarter valued at about $1,050,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of HubSpot by 352.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock valued at $220,559,000 after purchasing an additional 703,706 shares in the last quarter. Inceptionr LLC lifted its holdings in shares of HubSpot by 70.5% in the first quarter. Inceptionr LLC now owns 3,583 shares of the software maker’s stock valued at $875,000 after purchasing an additional 1,481 shares in the last quarter. Finally, Capula Management Ltd purchased a new stake in shares of HubSpot in the first quarter valued at about $2,692,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

HUBS has been the topic of a number of research analyst reports. Wells Fargo & Company decreased their price objective on shares of HubSpot from $350.00 to $300.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Royal Bank Of Canada decreased their price objective on shares of HubSpot from $400.00 to $350.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Truist Financial decreased their price objective on shares of HubSpot from $300.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, May 8th. BMO Capital Markets decreased their price objective on shares of HubSpot from $285.00 to $230.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Finally, Morgan Stanley decreased their price objective on shares of HubSpot from $405.00 to $350.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $311.00.

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.