UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in shares of HubSpot, Inc. (NYSE:HUBS – Free Report) by 7.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 487,542 shares of the software maker’s stock after selling 40,196 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.98% of HubSpot worth $88,981,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of HUBS. Turning Point Benefit Group Inc. bought a new position in shares of HubSpot in the 3rd quarter valued at about $25,000. Rakuten Securities Inc. raised its holdings in shares of HubSpot by 783.3% in the 2nd 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. Cary Street Partners Investment Advisory LLC bought a new stake in shares of HubSpot in the 4th quarter valued at about $33,000. Osterweis Capital Management Inc. acquired a new stake in HubSpot in the 2nd quarter valued at about $34,000. Finally, Larson Financial Group LLC grew its holdings in HubSpot by 378.9% during the fourth quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock worth $37,000 after purchasing an additional 72 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at HubSpot
In related news, Director Gerald Dischler acquired 925 shares of HubSpot stock in a transaction dated Monday, August 10th. The stock was bought at an average price of $215.93 per share, with a total value of $199,735.25. Following the transaction, the director directly owned 1,940 shares in the company, valued at $418,904.20. This represents a 91.13% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $221.09, for a total value of $1,879,265.00. Following the completion of the sale, the director owned 85,000 shares of the company’s stock, valued at approximately $18,792,650. This represents a 9.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 26,202 shares of company stock worth $5,477,709 over the last ninety days. 3.70% of the stock is owned by insiders.
HubSpot Price Performance
HubSpot (NYSE:HUBS – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The company had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. During the same period last year, the company posted $2.19 EPS. The firm’s quarterly revenue 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. As a group, analysts anticipate that HubSpot, Inc. will post 4.54 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on HUBS. BNP Paribas Exane cut HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 price target on the stock. in a research note on Monday, May 11th. William Blair downgraded shares of HubSpot from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Weiss Ratings reissued a “sell (d)” rating on shares of HubSpot in a research report on Wednesday, June 24th. Citigroup cut their target price on shares of HubSpot from $217.00 to $210.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Finally, Stephens downgraded shares of HubSpot from an “overweight” rating to a “hold” rating and set a $251.00 target price for the company. in a report on Thursday, August 6th. Fifteen equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $271.07.
Get Our Latest Stock Analysis on HubSpot
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.
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