LGT Fund Management Co Ltd. Invests $1.34 Million in HubSpot, Inc. $HUBS

LGT Fund Management Co Ltd. acquired a new stake in shares of HubSpot, Inc. (NYSE:HUBS) during the 1st quarter, Holdings Channel reports. The fund acquired 5,501 shares of the software maker’s stock, valued at approximately $1,343,000.

A number of other large investors also recently modified their holdings of HUBS. Price T Rowe Associates Inc. MD boosted its holdings in HubSpot by 36.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock worth $1,838,727,000 after buying an additional 1,224,424 shares during the period. Capital World Investors bought a new stake in HubSpot during the fourth quarter valued at about $259,930,000. AQR Capital Management LLC raised its holdings in HubSpot by 117.6% during the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock valued at $477,138,000 after acquiring an additional 642,545 shares during the period. Pictet Asset Management Holding SA lifted its position in shares of HubSpot by 32.7% in the fourth quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker’s stock valued at $776,714,000 after acquiring an additional 476,740 shares in the last quarter. Finally, Alyeska Investment Group L.P. lifted its position in shares of HubSpot by 408.1% in the fourth quarter. Alyeska Investment Group L.P. now owns 560,088 shares of the software maker’s stock valued at $224,763,000 after acquiring an additional 449,864 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insider Activity

In other news, insider Erika Ashley Fisher sold 915 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $236.66, for a total transaction of $216,543.90. Following the completion of the transaction, the insider directly owned 16,270 shares in the company, valued at approximately $3,850,458.20. This represents a 5.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $184.42, for a total transaction of $1,567,570.00. Following the completion of the transaction, the director directly owned 93,500 shares of the company’s stock, valued at approximately $17,243,270. This trade represents a 8.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders purchased 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $5,567,244. 3.70% of the stock is owned by insiders.

HubSpot Trading Up 0.1%

NYSE:HUBS opened at $207.78 on Monday. The company has a market capitalization of $10.64 billion, a P/E ratio of 108.78, a P/E/G ratio of 2.27 and a beta of 1.22. HubSpot, Inc. has a 12 month low of $169.63 and a 12 month high of $568.16. The business’s 50-day moving average is $199.54 and its 200 day moving average is $250.28.

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HUBS. Wells Fargo & Company dropped their price objective on HubSpot from $350.00 to $300.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Citigroup cut HubSpot from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $321.00 to $230.00 in a report on Friday, May 8th. Zacks Research downgraded HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Morgan Stanley cut their price objective on shares of HubSpot from $405.00 to $350.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $250.00 price objective on shares of HubSpot in a report on Friday, May 8th. Twenty-one research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, HubSpot currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.00.

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.