HubSpot, Inc. $HUBS Stock Sold by Maxi Investments CY Ltd

Maxi Investments CY Ltd cut its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 45.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 20,594 shares of the software maker’s stock after selling 16,906 shares during the period. Maxi Investments CY Ltd’s holdings in HubSpot were worth $4,221,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in HubSpot in the 2nd quarter valued at approximately $631,386,000. Arrowstreet Capital Limited Partnership raised its stake in HubSpot by 352.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock valued at $220,559,000 after acquiring an additional 703,706 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in HubSpot during the 2nd quarter worth $112,671,000. Bank of America Corp DE acquired a new position in HubSpot during the 2nd quarter worth $70,174,000. Finally, Edmond DE Rothschild Holding S.A. acquired a new position in HubSpot during the 2nd quarter worth $64,616,000. 90.39% of the stock is owned by institutional investors.

Insider Transactions at HubSpot

In other news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total value of $2,036,345.00. Following the sale, the director owned 59,500 shares of the company’s stock, valued at approximately $14,254,415. The trade was a 12.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gerald Dischler acquired 925 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was purchased at an average price of $215.93 per share, with a total value of $199,735.25. Following the acquisition, the director owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This trade represents a 91.13% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have sold 26,202 shares of company stock valued at $6,155,159. Corporate insiders own 3.70% of the company’s stock.

HubSpot Price Performance

Shares of NYSE:HUBS opened at $264.07 on Tuesday. HubSpot, Inc. has a 12 month low of $169.63 and a 12 month high of $497.96. The stock has a market cap of $13.17 billion, a price-to-earnings ratio of 93.31, a PEG ratio of 2.80 and a beta of 1.24. The stock’s 50 day moving average price is $232.87 and its 200 day moving average price is $236.10.

HubSpot (NYSE:HUBS) last released its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. The firm 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%. The firm’s revenue for the quarter was up 19.8% compared to the same quarter last year. During the same period in the prior year, the firm 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, sell-side analysts expect that HubSpot, Inc. will post 4.63 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. TD Cowen decreased their price target on HubSpot from $285.00 to $260.00 and set a “hold” rating for the company in a research note on Friday, September 18th. Capital One Financial set a $206.00 price objective on shares of HubSpot and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HubSpot in a report on Tuesday, October 6th. Sanford C. Bernstein downgraded shares of HubSpot from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $381.00 to $220.00 in a report on Thursday, August 6th. Finally, Raymond James Financial lowered shares of HubSpot from an “outperform” rating to a “market perform” rating in a research report on Monday, October 5th. Twelve equities research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $268.84.

About HubSpot

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.