Granahan Investment Management LLC Increases Stake in HubSpot, Inc. $HUBS

Granahan Investment Management LLC lifted its holdings in HubSpot, Inc. (NYSE:HUBS) by 57.3% in the fourth quarter, HoldingsChannel reports. The firm owned 37,831 shares of the software maker’s stock after purchasing an additional 13,774 shares during the quarter. Granahan Investment Management LLC’s holdings in HubSpot were worth $15,182,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Fifth Third Bancorp grew its holdings in shares of HubSpot by 2.5% in the third quarter. Fifth Third Bancorp now owns 1,076 shares of the software maker’s stock valued at $503,000 after purchasing an additional 26 shares in the last quarter. National Bank of Canada FI grew its holdings in shares of HubSpot by 8.6% in the third quarter. National Bank of Canada FI now owns 379 shares of the software maker’s stock valued at $177,000 after purchasing an additional 30 shares in the last quarter. Montag A & Associates Inc. grew its holdings in shares of HubSpot by 36.5% in the third quarter. Montag A & Associates Inc. now owns 142 shares of the software maker’s stock valued at $66,000 after purchasing an additional 38 shares in the last quarter. Jackson Thornton Wealth Management LLC grew its holdings in shares of HubSpot by 6.6% in the fourth quarter. Jackson Thornton Wealth Management LLC now owns 691 shares of the software maker’s stock valued at $274,000 after purchasing an additional 43 shares in the last quarter. Finally, Altman Advisors Inc. grew its holdings in shares of HubSpot by 1.4% in the third quarter. Altman Advisors Inc. now owns 3,352 shares of the software maker’s stock valued at $1,568,000 after purchasing an additional 45 shares in the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CTO Dharmesh Shah purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average cost of $181.37 per share, for a total transaction of $1,813,700.00. Following the completion of the transaction, the chief technology officer directly owned 1,295,400 shares in the company, valued at $234,946,698. This represents a 0.78% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Erika Ashley Fisher sold 915 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $236.66, for a total value of $216,543.90. Following the completion of the sale, the insider owned 16,270 shares of the company’s stock, valued at approximately $3,850,458.20. This represents a 5.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders purchased 14,063 shares of company stock valued at $2,585,781 and sold 17,707 shares valued at $3,999,674. Corporate insiders own 3.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on HUBS. UBS Group cut their target price on shares of HubSpot from $260.00 to $250.00 and set a “buy” rating for the company in a report on Friday, May 8th. Sanford C. Bernstein set a $381.00 target price on shares of HubSpot in a report on Friday, May 8th. Evercore set a $225.00 target price on shares of HubSpot in a report on Friday, May 8th. William Blair lowered shares of HubSpot from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Finally, Wells Fargo & Company cut their target price 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. Twenty-two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, HubSpot currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.00.

HubSpot Stock Down 2.0%

Shares of HUBS opened at $182.36 on Wednesday. The company has a market cap of $9.34 billion, a PE ratio of 95.48, a P/E/G ratio of 2.04 and a beta of 1.22. The business has a fifty day moving average of $211.70 and a 200 day moving average of $274.72. HubSpot, Inc. has a 52-week low of $173.25 and a 52-week high of $568.16.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.47 by $0.25. The company had revenue of $881.00 million during the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.HubSpot’s revenue was up 23.4% on a year-over-year basis. During the same period last year, the company earned $1.84 earnings per share. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. As a group, research analysts anticipate that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal year.

HubSpot Company 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.