HubSpot (NYSE:HUBS) Director Lorrie Norrington Buys 1,313 Shares of Stock

HubSpot, Inc. (NYSE:HUBS) Director Lorrie Norrington purchased 1,313 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were acquired at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the completion of the purchase, the director directly owned 2,838 shares of the company’s stock, valued at approximately $540,411.96. This represents a 86.10% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

HubSpot Stock Performance

HUBS stock opened at $179.69 on Wednesday. The company has a market capitalization of $9.20 billion, a PE ratio of 94.08, a price-to-earnings-growth ratio of 2.46 and a beta of 1.23. HubSpot, Inc. has a one year low of $178.80 and a one year high of $682.57. The company’s 50 day moving average price is $239.39 and its two-hundred day moving average price is $312.08.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, topping the consensus estimate of $2.47 by $0.25. The firm had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The business’s revenue was up 23.4% compared to the same quarter last year. During the same period last year, the firm posted $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. On average, research analysts predict that HubSpot, Inc. will post 3.73 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on HUBS shares. Needham & Company LLC decreased their target price on shares of HubSpot from $700.00 to $300.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Barclays decreased their target price on shares of HubSpot from $300.00 to $270.00 and set an “overweight” rating on the stock in a research note on Monday. JPMorgan Chase & Co. decreased their target price on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Truist Financial decreased their target price on shares of HubSpot from $300.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $250.00 target price on shares of HubSpot in a research note on Friday, May 8th. Twenty-two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $311.00.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans increased its position in HubSpot by 23.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 23,789 shares of the software maker’s stock valued at $11,128,000 after purchasing an additional 4,559 shares during the period. Rakuten Investment Management Inc. purchased a new position in HubSpot during the 3rd quarter valued at $48,548,000. Nordea Investment Management AB increased its position in HubSpot by 34.9% during the 3rd quarter. Nordea Investment Management AB now owns 21,638 shares of the software maker’s stock valued at $10,148,000 after purchasing an additional 5,595 shares during the period. OFI Invest Asset Management increased its position in HubSpot by 130.2% during the 4th quarter. OFI Invest Asset Management now owns 99,622 shares of the software maker’s stock valued at $39,978,000 after purchasing an additional 56,348 shares during the period. Finally, Triasima Portfolio Management inc. purchased a new position in HubSpot during the 3rd quarter valued at $2,079,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

About HubSpot

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.