Wealthfront Advisers LLC Takes $492,000 Position in HubSpot, Inc. $HUBS

Wealthfront Advisers LLC purchased a new stake in HubSpot, Inc. (NYSE:HUBS) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,696 shares of the software maker’s stock, valued at approximately $492,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HUBS. Rakuten Securities Inc. raised its position in HubSpot by 783.3% during the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after acquiring an additional 47 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in shares of HubSpot during the third quarter worth about $25,000. Osterweis Capital Management Inc. purchased a new stake in shares of HubSpot during the second quarter worth about $34,000. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of HubSpot during the fourth quarter worth about $33,000. Finally, Larson Financial Group LLC raised its position in shares of HubSpot by 378.9% during the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock worth $37,000 after purchasing an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

HubSpot Trading Up 0.2%

Shares of NYSE HUBS opened at $240.26 on Friday. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $525.51. The stock has a market cap of $11.98 billion, a PE ratio of 84.90, a P/E/G ratio of 2.45 and a beta of 1.19. The company has a 50-day moving average of $209.65 and a 200 day moving average of $223.69.

HubSpot (NYSE:HUBS) last released its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business had revenue of $911.74 million for the quarter, compared to analyst estimates of $898.31 million. During the same period last year, the company posted $2.19 EPS. The business’s revenue was up 19.8% on a year-over-year basis. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, sell-side analysts forecast that HubSpot, Inc. will post 4.54 EPS for the current fiscal year.

Insider Activity at HubSpot

In related news, Director Gerald Dischler bought 925 shares of the company’s stock in a transaction on Monday, August 10th. The stock was bought at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the acquisition, the director directly owned 1,940 shares in the company, valued at $418,904.20. This represents a 91.13% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $219.50, for a total value of $1,865,750.00. Following the completion of the sale, the director directly owned 76,500 shares of the company’s stock, valued at $16,791,750. This trade represents a 10.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 26,202 shares of company stock valued at $5,477,709. 3.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on HUBS shares. Wolfe Research lowered shares of HubSpot from an “outperform” rating to a “peer perform” rating in a research note on Thursday, August 6th. BMO Capital Markets cut HubSpot from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $230.00 to $215.00 in a report on Thursday, August 6th. Canaccord Genuity Group decreased their target price on HubSpot from $335.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Morgan Stanley set a $287.00 price target on HubSpot in a research note on Thursday, August 6th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $250.00 price target on shares of HubSpot in a research report on Friday, May 8th. Fifteen equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $268.90.

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.