Canada Pension Plan Investment Board Purchases Shares of 250,813 HubSpot, Inc. $HUBS

Canada Pension Plan Investment Board acquired a new stake in shares of HubSpot, Inc. (NYSE:HUBS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 250,813 shares of the software maker’s stock, valued at approximately $45,776,000. Canada Pension Plan Investment Board owned approximately 0.50% of HubSpot at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. RDST Capital LLC bought a new stake in shares of HubSpot in the 2nd quarter worth approximately $60,556,000. Legal & General Group Plc acquired a new position in HubSpot in the second quarter worth approximately $25,231,000. The Manufacturers Life Insurance Company bought a new position in shares of HubSpot in the second quarter valued at $47,720,000. Algert Global LLC bought a new position in shares of HubSpot in the second quarter valued at $8,228,000. Finally, Maxi Investments CY Ltd acquired a new stake in shares of HubSpot during the 2nd quarter valued at $6,844,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on HUBS shares. Citigroup reduced their price objective on HubSpot from $217.00 to $210.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Canaccord Genuity Group reduced their target price on HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Jefferies Financial Group reiterated a “buy” rating and issued a $250.00 price target on shares of HubSpot in a research report on Friday, May 8th. Bank of America reissued an “underperform” rating and issued a $200.00 price target on shares of HubSpot in a research note on Thursday, August 6th. Finally, Mizuho cut their price objective on HubSpot from $300.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Fifteen analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, HubSpot currently has an average rating of “Hold” and a consensus target price of $268.90.

Insider Transactions at HubSpot

In related news, Director Gerald Dischler acquired 925 shares of the company’s stock in a transaction on Monday, August 10th. The shares were purchased at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the purchase, the director owned 1,940 shares in the company, valued at $418,904.20. This represents a 91.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Erika Ashley Fisher sold 702 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total transaction of $165,124.44. Following the completion of the sale, the insider owned 14,581 shares of the company’s stock, valued at approximately $3,429,742.82. The trade was a 4.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 26,202 shares of company stock valued at $5,477,709 over the last three months. 3.70% of the stock is owned by corporate insiders.

HubSpot Trading Up 8.0%

Shares of HUBS stock opened at $255.93 on Friday. The company has a market capitalization of $12.76 billion, a price-to-earnings ratio of 90.44, a P/E/G ratio of 2.57 and a beta of 1.19. HubSpot, Inc. has a 1-year low of $169.63 and a 1-year high of $525.51. The stock’s fifty day simple moving average is $214.72 and its 200-day simple moving average is $223.55.

HubSpot (NYSE:HUBS) last announced 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. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.The firm had revenue of $911.74 million during the quarter, compared to the consensus estimate of $898.31 million. During the same period in the prior year, the business earned $2.19 EPS. The business’s revenue for the quarter was up 19.8% on a year-over-year basis. 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 predict that HubSpot, Inc. will post 4.54 EPS for the current year.

HubSpot 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.