HubSpot (NYSE:HUBS) Shares Gap Up – Here’s Why

HubSpot, Inc. (NYSE:HUBS)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $222.45, but opened at $233.00. HubSpot shares last traded at $229.1190, with a volume of 332,168 shares traded.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HUBS shares. Citigroup cut HubSpot from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $321.00 to $230.00 in a research report on Friday, May 8th. Stifel Nicolaus set a $275.00 price objective on HubSpot in a research report on Friday, May 8th. Raymond James Financial reissued an “outperform” rating and issued a $250.00 price objective on shares of HubSpot in a research report on Friday, May 8th. Needham & Company LLC cut their price objective on HubSpot from $700.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Finally, Wall Street Zen cut HubSpot from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 19th. Twenty-two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $311.00.

HubSpot Trading Down 3.8%

The business has a 50-day moving average price of $218.71 and a 200 day moving average price of $283.71. The stock has a market cap of $10.85 billion, a PE ratio of 110.94, a PEG ratio of 2.41 and a beta of 1.21.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The firm had revenue of $881.00 million for the quarter, compared to analysts’ expectations of $863.32 million. During the same quarter in the prior year, the firm earned $1.84 EPS. The business’s revenue for the quarter 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. On average, equities analysts predict that HubSpot, Inc. will post 4.39 earnings per share for the current year.

Insider Buying and Selling at HubSpot

In other news, insider Erika Ashley Fisher sold 915 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $236.66, for a total transaction of $216,543.90. Following the sale, the insider directly owned 16,270 shares in the company, valued at $3,850,458.20. This represents a 5.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Dharmesh Shah purchased 10,000 shares of the stock in a transaction dated Tuesday, May 12th. The stock was purchased at an average cost of $181.37 per share, for a total transaction of $1,813,700.00. Following the completion of the acquisition, the chief technology officer owned 1,295,400 shares of the company’s stock, valued at approximately $234,946,698. This represents a 0.78% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have bought 14,063 shares of company stock worth $2,585,781 and have sold 26,207 shares worth $6,233,049. Company insiders own 3.70% of the company’s stock.

Institutional Trading of HubSpot

Hedge funds and other institutional investors have recently bought and sold shares of the company. Fifth Third Bancorp boosted its holdings in HubSpot by 2.5% in the 3rd quarter. Fifth Third Bancorp now owns 1,076 shares of the software maker’s stock valued at $503,000 after purchasing an additional 26 shares during the period. Bessemer Group Inc. grew its position in shares of HubSpot by 9.1% during the 3rd quarter. Bessemer Group Inc. now owns 335 shares of the software maker’s stock valued at $156,000 after purchasing an additional 28 shares in the last quarter. National Bank of Canada FI increased 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 purchasing an additional 30 shares during the period. Westside Investment Management Inc. increased its holdings in shares of HubSpot by 80.5% in the third quarter. Westside Investment Management Inc. now owns 74 shares of the software maker’s stock worth $33,000 after purchasing an additional 33 shares during the period. Finally, Montag A & Associates Inc. raised its position in shares of HubSpot by 36.5% in the third quarter. Montag A & Associates Inc. now owns 142 shares of the software maker’s stock worth $66,000 after buying an additional 38 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

HubSpot Company Profile

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.