Armistice Capital LLC Buys 22,982 Shares of HubSpot, Inc. $HUBS

Armistice Capital LLC raised its stake in HubSpot, Inc. (NYSE:HUBS) by 51.1% during the 4th quarter, Holdings Channel reports. The fund owned 68,000 shares of the software maker’s stock after acquiring an additional 22,982 shares during the period. Armistice Capital LLC’s holdings in HubSpot were worth $27,288,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC grew its position in shares of HubSpot by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock worth $388,917,000 after purchasing an additional 14,159 shares in the last quarter. OFI Invest Asset Management boosted its position in HubSpot by 130.2% in the fourth quarter. OFI Invest Asset Management now owns 99,622 shares of the software maker’s stock valued at $39,978,000 after buying an additional 56,348 shares in the last quarter. Slow Capital Inc. boosted its position in HubSpot by 35.9% in the fourth quarter. Slow Capital Inc. now owns 18,615 shares of the software maker’s stock valued at $7,470,000 after buying an additional 4,913 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in HubSpot by 65.9% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,583 shares of the software maker’s stock valued at $17,891,000 after buying an additional 17,713 shares in the last quarter. Finally, Havemeyer Place LP bought a new position in shares of HubSpot during the fourth quarter valued at $2,044,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Stock Performance

Shares of HUBS stock opened at $176.67 on Thursday. The firm’s 50-day simple moving average is $210.34 and its two-hundred day simple moving average is $273.41. HubSpot, Inc. has a 52 week low of $173.25 and a 52 week high of $568.16. The firm has a market cap of $9.05 billion, a price-to-earnings ratio of 92.50, a P/E/G ratio of 2.00 and a beta of 1.21.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The company had revenue of $881.00 million for the quarter, compared to analyst estimates of $863.32 million. During the same quarter in the previous year, the firm posted $1.84 earnings per share. The company’s quarterly revenue was up 23.4% compared to the same quarter last year. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Analysts forecast that HubSpot, Inc. will post 4.39 earnings per share for the current year.

Insider Buying and Selling at HubSpot

In other news, CTO Dharmesh Shah bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average price of $181.37 per share, with a total value of $1,813,700.00. Following the acquisition, the chief technology officer owned 1,295,400 shares of the company’s stock, valued at approximately $234,946,698. The trade was a 0.78% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Erika Ashley Fisher sold 915 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $236.66, for a total transaction of $216,543.90. Following the completion of the transaction, the insider directly owned 16,270 shares of the company’s stock, valued at approximately $3,850,458.20. This represents a 5.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have purchased 14,063 shares of company stock worth $2,585,781 and have sold 17,707 shares worth $3,999,674. Insiders own 3.70% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Royal Bank Of Canada dropped their price target on shares of HubSpot from $400.00 to $350.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Canaccord Genuity Group set a $335.00 price target on shares of HubSpot in a report on Friday, May 8th. BMO Capital Markets reduced their price target on shares of HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Wells Fargo & Company reduced their price objective on shares of HubSpot from $350.00 to $300.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Finally, William Blair cut shares of HubSpot from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Twenty-one analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, HubSpot has a consensus rating of “Moderate Buy” and an average target price of $311.00.

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.