HubSpot (NYSE:HUBS) Hits New 12-Month Low Following Insider Selling

HubSpot, Inc. (NYSE:HUBS) hit a new 52-week low during mid-day trading on Thursday following insider selling activity. The company traded as low as $393.09 and last traded at $387.8260, with a volume of 260834 shares trading hands. The stock had previously closed at $464.71.

Specifically, Director Brian Halligan sold 235 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $493.30, for a total value of $115,925.50. Following the transaction, the director directly owned 513,466 shares of the company’s stock, valued at approximately $253,292,777.80. This trade represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on HUBS shares. JPMorgan Chase & Co. decreased their price target on shares of HubSpot from $775.00 to $675.00 and set an “overweight” rating on the stock in a research note on Thursday, August 7th. Raymond James Financial decreased their price target on shares of HubSpot from $825.00 to $655.00 and set an “outperform” rating on the stock in a research note on Thursday, August 7th. BMO Capital Markets decreased their price target on shares of HubSpot from $550.00 to $465.00 and set an “outperform” rating on the stock in a research note on Thursday. Wells Fargo & Company started coverage on shares of HubSpot in a research note on Tuesday, September 30th. They issued an “overweight” rating and a $685.00 price target on the stock. Finally, Bank of America decreased their price target on shares of HubSpot from $640.00 to $515.00 and set a “buy” rating on the stock in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $674.11.

HubSpot Price Performance

The business’s 50 day simple moving average is $478.42 and its 200 day simple moving average is $529.75. The company has a market capitalization of $20.23 billion, a PE ratio of -1,678.22, a P/E/G ratio of 16.31 and a beta of 1.60.

HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, November 5th. The software maker reported $2.66 EPS for the quarter, topping analysts’ consensus estimates of $2.58 by $0.08. HubSpot had a negative net margin of 0.42% and a positive return on equity of 1.74%. The company had revenue of $809.52 million for the quarter, compared to the consensus estimate of $786.80 million. During the same period in the previous year, the firm earned $2.18 earnings per share. HubSpot’s quarterly revenue was up 20.9% compared to the same quarter last year. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. As a group, analysts anticipate that HubSpot, Inc. will post 1.01 EPS for the current year.

Institutional Investors Weigh In On HubSpot

A number of institutional investors have recently made changes to their positions in the stock. Linden Thomas Advisory Services LLC increased its position in shares of HubSpot by 2.0% during the third quarter. Linden Thomas Advisory Services LLC now owns 2,827 shares of the software maker’s stock valued at $1,322,000 after acquiring an additional 56 shares during the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of HubSpot by 40.2% during the third quarter. Oppenheimer Asset Management Inc. now owns 4,220 shares of the software maker’s stock valued at $1,974,000 after acquiring an additional 1,211 shares during the last quarter. Candriam S.C.A. increased its position in shares of HubSpot by 18.6% during the third quarter. Candriam S.C.A. now owns 5,544 shares of the software maker’s stock valued at $2,593,000 after acquiring an additional 868 shares during the last quarter. Plato Investment Management Ltd increased its position in shares of HubSpot by 35.5% during the third quarter. Plato Investment Management Ltd now owns 2,708 shares of the software maker’s stock valued at $1,257,000 after acquiring an additional 709 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of HubSpot by 67.7% during the third quarter. Smartleaf Asset Management LLC now owns 322 shares of the software maker’s stock valued at $151,000 after acquiring an additional 130 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

About HubSpot

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.