Engineers Gate Manager LP Purchases 25,441 Shares of HubSpot, Inc. $HUBS

Engineers Gate Manager LP lifted its position in shares of HubSpot, Inc. (NYSE:HUBS) by 58.8% during the second quarter, Holdings Channel.com reports. The firm owned 68,704 shares of the software maker’s stock after purchasing an additional 25,441 shares during the period. Engineers Gate Manager LP’s holdings in HubSpot were worth $12,539,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. California State Teachers Retirement System increased its stake in HubSpot by 17,004.9% during the 2nd quarter. California State Teachers Retirement System now owns 10,573,899 shares of the software maker’s stock valued at $1,929,842,000 after purchasing an additional 10,512,081 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of HubSpot by 36.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock valued at $1,838,727,000 after buying an additional 1,224,424 shares during the last quarter. BlackRock Inc. acquired a new position in shares of HubSpot during the second quarter valued at about $631,386,000. Pictet Asset Management Holding SA increased its position in shares of HubSpot by 13.1% during the first quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock worth $533,993,000 after acquiring an additional 252,604 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of HubSpot by 3.7% in the 4th quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock worth $478,287,000 after acquiring an additional 42,948 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

HubSpot Stock Down 2.9%

HubSpot stock opened at $223.45 on Friday. HubSpot, Inc. has a 52 week low of $169.63 and a 52 week high of $525.51. The company’s 50 day moving average price is $227.88 and its two-hundred day moving average price is $224.30. The stock has a market cap of $11.14 billion, a P/E ratio of 78.96, a P/E/G ratio of 2.48 and a beta of 1.18.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. The company had revenue of $911.74 million during the quarter, compared to the consensus estimate of $898.31 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.HubSpot’s revenue was up 19.8% on a year-over-year basis. During the same period last year, the business posted $2.19 earnings per share. 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, equities analysts anticipate that HubSpot, Inc. will post 4.55 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HUBS. Royal Bank Of Canada cut their price target on HubSpot from $350.00 to $300.00 and set an “outperform” rating for the company in a research note on Thursday, August 6th. TD Cowen increased their price objective on HubSpot from $220.00 to $285.00 and gave the stock a “hold” rating in a research note on Tuesday, September 1st. Weiss Ratings restated a “sell (d)” rating on shares of HubSpot in a report on Wednesday, June 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 target price on shares of HubSpot in a research report on Thursday, August 6th. Finally, Barclays decreased their price target on HubSpot from $270.00 to $240.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Fifteen 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 data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $271.07.

Insider Activity

In related news, insider Erika Fisher sold 702 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the completion of the transaction, the insider owned 14,581 shares in the company, valued at approximately $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $219.50, for a total transaction of $1,865,750.00. Following the transaction, the director owned 76,500 shares of the company’s stock, valued at approximately $16,791,750. The trade was a 10.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 26,202 shares of company stock valued at $5,477,709 in the last ninety days. 3.70% of the stock is currently owned by insiders.

HubSpot Profile

HubSpot, Inc develops cloud-based customer relationship management (CRM) and marketing software for businesses. Its platform is designed to help organizations attract prospects, manage customer interactions, close sales and provide ongoing service through an integrated set of tools.

The company’s products include Marketing Hub, Sales Hub, Service Hub, Content Hub, Operations Hub and Commerce Hub. These offerings support marketing automation, sales engagement, customer support, content management, data integration, payments and other commercial activities.