Handelsbanken Fonder AB Buys 6,924 Shares of HubSpot, Inc. $HUBS

Handelsbanken Fonder AB raised its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 60.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 18,395 shares of the software maker’s stock after purchasing an additional 6,924 shares during the period. Handelsbanken Fonder AB’s holdings in HubSpot were worth $7,382,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of HUBS. Empowered Funds LLC grew its holdings in HubSpot by 88.5% during the first quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after purchasing an additional 737 shares during the period. NewEdge Advisors LLC boosted its stake in shares of HubSpot by 12.1% in the second quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock worth $2,665,000 after acquiring an additional 516 shares during the period. Treasurer of the State of North Carolina boosted its stake in shares of HubSpot by 4.7% in the second quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock worth $13,222,000 after acquiring an additional 1,077 shares during the period. Osterweis Capital Management Inc. bought a new position in shares of HubSpot in the second quarter worth about $34,000. Finally, Alliancebernstein L.P. boosted its stake in shares of HubSpot by 35.0% in the second quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock worth $209,335,000 after acquiring an additional 97,469 shares during the period. Institutional investors own 90.39% of the company’s stock.

Insider Buying and Selling at HubSpot

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $220.00, for a total transaction of $1,870,000.00. Following the sale, the director directly owned 353,500 shares in the company, valued at $77,770,000. This represents a 2.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Yamini Rangan acquired 2,750 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of $189.84 per share, for a total transaction of $522,060.00. Following the completion of the transaction, the chief executive officer owned 102,982 shares of the company’s stock, valued at approximately $19,550,102.88. This trade represents a 2.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders bought 14,063 shares of company stock valued at $2,585,781 and sold 26,207 shares valued at $6,233,049. 4.00% of the stock is currently owned by company insiders.

HubSpot Trading Up 1.9%

NYSE:HUBS opened at $202.18 on Friday. HubSpot, Inc. has a 12 month low of $173.25 and a 12 month high of $627.49. The business’s 50-day moving average is $226.63 and its 200 day moving average is $297.75. The company has a market capitalization of $10.36 billion, a P/E ratio of 105.85, a P/E/G ratio of 2.17 and a beta of 1.23.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The business had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. During the same period in the prior year, the business posted $1.84 earnings per share. The company’s quarterly revenue was up 23.4% compared to the same quarter last year. 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 forecast that HubSpot, Inc. will post 4.39 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on HUBS. Evercore set a $225.00 price objective on HubSpot in a research note on Friday, May 8th. Cantor Fitzgerald lowered HubSpot from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $325.00 to $200.00 in a research note on Friday, May 8th. Citigroup lowered HubSpot from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $321.00 to $230.00 in a research note on Friday, May 8th. Needham & Company LLC dropped their price objective on HubSpot from $700.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Finally, Truist Financial dropped their price objective on HubSpot from $300.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $311.00.

HubSpot 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.