Mediolanum International Funds Ltd Sells 2,410 Shares of HubSpot, Inc. $HUBS

Posted by Alphonse Anthony on Feb 4th, 2026

Mediolanum International Funds Ltd decreased its holdings in shares of HubSpot, Inc. (NYSE:HUBS – Free Report) by 37.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,956 shares of the software maker’s stock after selling 2,410 shares during the quarter. Mediolanum International Funds Ltd’s holdings in HubSpot were worth $1,851,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Jennison Associates LLC grew its stake in HubSpot by 548.6% in the 2nd quarter. Jennison Associates LLC now owns 794,677 shares of the software maker’s stock worth $442,341,000 after buying an additional 672,158 shares in the last quarter. Norges Bank purchased a new stake in shares of HubSpot during the 2nd quarter valued at $269,941,000. Neuberger Berman Group LLC lifted its holdings in shares of HubSpot by 166.2% during the 2nd quarter. Neuberger Berman Group LLC now owns 321,679 shares of the software maker’s stock worth $179,055,000 after acquiring an additional 200,844 shares during the last quarter. Vanguard Group Inc. grew its position in HubSpot by 2.8% in the second quarter. Vanguard Group Inc. now owns 5,391,241 shares of the software maker’s stock worth $3,000,926,000 after acquiring an additional 144,507 shares in the last quarter. Finally, Rakuten Investment Management Inc. purchased a new position in HubSpot in the third quarter worth $48,548,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

HubSpot Price Performance

Shares of HubSpot stock opened at $244.50 on Wednesday. HubSpot, Inc. has a one year low of $236.36 and a one year high of $881.13. The business’s 50 day simple moving average is $360.34 and its two-hundred day simple moving average is $428.78. The stock has a market capitalization of $12.81 billion, a P/E ratio of -3,056.28, a price-to-earnings-growth ratio of 6.51 and a beta of 1.44.

HubSpot (NYSE:HUBS – Get Free Report) last issued its earnings results on Thursday, November 6th. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $0.08. HubSpot had a negative net margin of 0.12% and a positive return on equity of 1.21%. The firm had revenue of $809.52 million for the quarter, compared to analysts’ expectations of $786.80 million. During the same quarter last year, the business earned $2.18 earnings per share. The business’s revenue was up 20.9% on a year-over-year basis. Sell-side analysts expect that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

HUBS has been the topic of a number of research reports. Morgan Stanley lowered their price target on HubSpot from $640.00 to $577.00 and set an “overweight” rating on the stock in a research report on Thursday, January 15th. Cantor Fitzgerald decreased their price objective on HubSpot from $775.00 to $500.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. JPMorgan Chase & Co. cut their target price on HubSpot from $675.00 to $650.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. KeyCorp reduced their price target on shares of HubSpot from $775.00 to $650.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Finally, Rothschild Redb lowered shares of HubSpot from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $586.73.

Check Out Our Latest Analysis on HubSpot

Insiders Place Their Bets

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $303.38, for a total transaction of $2,578,730.00. Following the completion of the sale, the director owned 487,344 shares of the company’s stock, valued at $147,850,422.72. This represents a 1.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have sold 25,500 shares of company stock worth $8,827,080. Corporate insiders own 4.00% of the company’s stock.

HubSpot News Roundup

Here are the key news stories impacting HubSpot this week:

Positive Sentiment: HubSpot appears to be winning larger, upmarket customers and is rolling out AI agents that could boost ARPU and expand its core growth engine — a structural positive for long?term revenue per customer. Are HubSpot’s (HUBS) Upmarket Wins And AI Agents Quietly Redefining Its Core Growth Engine?
Positive Sentiment: Recent reporting highlights stronger new contract metrics and an improved cash?flow outlook, suggesting healthier sales execution and cash conversion than some investors expected — fundamentals that could support valuation over time. HubSpot New Contracts And Cash Flow Outlook Contrast With Weak Share Performance
Positive Sentiment: Analyst/think?piece coverage outlines a bull case focused on HubSpot’s retention, platform expansion (marketplace/CMS) and upsell opportunity — reminders of the company’s long?run TAM and optionality. HubSpot, Inc. (HUBS): A bull case theory
Neutral Sentiment: CEO Yamini Rangan’s interviews (human?interest coverage) stress the company’s AI mindset and talent views — useful for narrative but not directly market?moving. Why HubSpot CEO Yamini Rangan told her son to study computer science, even as coding is dead
Neutral Sentiment: Partner/PR items (e.g., GoingClear recognition for HubSpot CMS) underscore ecosystem adoption but are small, incremental positives rather than catalysts. GoingClear Recognized for B2B Growth Leadership with HubSpot CMS by DesignRush
Negative Sentiment: Sector?wide selling and re?rating of high?growth software names is pressuring HUBS alongside peers (Braze, DocuSign, Snowflake, PagerDuty). That headline-driven, multiple?compression pressure — amplified by heavy trading volume — explains the immediate downside despite some encouraging company metrics. Braze, DocuSign, HubSpot, Snowflake, and PagerDuty Shares Are Falling, What You Need To Know

HubSpot Company Profile

(Free Report)

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.