6,197 HubSpot, Inc. $HUBS Shares Bought by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund raised its position in HubSpot, Inc. (NYSE:HUBS) by 92.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,881 shares of the software maker’s stock after purchasing an additional 6,197 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in HubSpot were worth $2,640,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Access Investment Management LLC purchased a new stake in shares of HubSpot in the 3rd quarter valued at approximately $32,000. Elevation Wealth Partners LLC increased its holdings in shares of HubSpot by 66.7% during the 3rd quarter. Elevation Wealth Partners LLC now owns 175 shares of the software maker’s stock worth $36,000 after buying an additional 70 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in shares of HubSpot during the 2nd quarter valued at approximately $38,000. Provenance Wealth Advisors LLC raised its position in shares of HubSpot by 152.2% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 290 shares of the software maker’s stock valued at $59,000 after buying an additional 175 shares during the period. Finally, CX Institutional raised its position in shares of HubSpot by 4,785.7% during the 2nd quarter. CX Institutional now owns 342 shares of the software maker’s stock valued at $62,000 after buying an additional 335 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

HubSpot Price Performance

Shares of HUBS stock traded up $1.86 during trading hours on Friday, hitting $217.70. The company had a trading volume of 1,448,687 shares, compared to its average volume of 1,385,555. The stock has a market capitalization of $10.63 billion, a PE ratio of 51.96, a price-to-earnings-growth ratio of 2.05 and a beta of 1.14. The company’s fifty day moving average is $227.39 and its 200 day moving average is $227.12. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $406.94.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, November 4th. The software maker reported $3.81 earnings per share for the quarter, beating the consensus estimate of $3.27 by $0.54. HubSpot had a net margin of 5.95% and a return on equity of 12.18%. The firm had revenue of $947.57 million during the quarter, compared to the consensus estimate of $925.50 million. During the same quarter last year, the firm earned $2.66 EPS. The firm’s revenue for the quarter was up 17.1% on a year-over-year basis. Equities analysts forecast that HubSpot, Inc. will post 5.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on HUBS shares. Cantor Fitzgerald cut HubSpot from a “neutral” rating to an “underweight” rating and decreased their price objective for the company from $265.00 to $170.00 in a report on Thursday, November 5th. William Blair restated a “market perform” rating on shares of HubSpot in a research report on Tuesday, October 6th. Raymond James Financial lowered HubSpot from an “outperform” rating to a “market perform” rating in a research note on Monday, October 5th. Capital One Financial cut HubSpot from an “overweight” rating to an “equal weight” rating and set a $206.00 price target for the company. in a report on Thursday, August 6th. Finally, Morgan Stanley cut HubSpot from an “overweight” rating to an “equal weight” rating and set a $229.00 price target for the company. in a report on Thursday, November 5th. Eight research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $249.57.

Latest HubSpot News

Here’s some of the latest news about HUBS:

• Positive Sentiment: HubSpot named co-founder Brian Halligan CEO, replacing Yamini Rangan, in a “refounding” intended to guide the company’s next phase, including its AI push. Reports said the announcement lifted investor sentiment and shares rose after it was disclosed. Reuters article
• Positive Sentiment: HubSpot’s FY2026 EPS guidance of $13.59–$13.61 is well above the cited analyst consensus of $11.84. Its Q4 EPS outlook of $3.85–$3.87 also tops consensus of $3.44; revenue guidance is roughly in line with estimates. Better-than-expected profit guidance may support the stock. HubSpot leadership and guidance announcement
• Neutral Sentiment: The transition also includes CFO succession: current CFO Brian Halligan? No—reports say the CFO is preparing to retire, with Karen Burgess named as the next CFO. The leadership changes could create execution uncertainty as the company implements its reset. CFO Dive leadership transition report

Insider Buying and Selling at HubSpot

In other news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the completion of the transaction, the director directly owned 59,500 shares in the company, valued at $14,254,415. This trade represents a 12.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Erika Fisher sold 702 shares of HubSpot stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of $227.72, for a total value of $159,859.44. Following the completion of the sale, the insider directly owned 12,829 shares of the company’s stock, valued at $2,921,419.88. The trade was a 5.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 26,202 shares of company stock valued at $6,149,894. Company insiders own 3.70% of the company’s stock.

About HubSpot

HubSpot, Inc. develops cloud-based customer relationship management software designed to help businesses attract and engage customers, manage sales, and provide customer support. Founded in 2006 by Brian Halligan and Dharmesh Shah, the company helped popularize inbound marketing, an approach focused on drawing customers in with useful content and experiences. Its platform combines a central CRM with products for marketing, sales, customer service, content management, operations, and commerce. HubSpot also offers automation, analytics, and artificial intelligence features to help organizations manage customer interactions and coordinate business processes.