2,112 Shares in HubSpot, Inc. $HUBS Acquired by EP Wealth Advisors LLC

EP Wealth Advisors LLC acquired a new stake in HubSpot, Inc. (NYSE:HUBS) in the second quarter, according to its most recent filing with the SEC. The fund acquired 2,112 shares of the software maker’s stock, valued at approximately $386,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Price T Rowe Associates Inc. MD lifted its position in shares of HubSpot by 36.5% during the fourth 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 acquiring an additional 1,224,424 shares in the last quarter. BlackRock Inc. purchased a new position in shares of HubSpot in the second quarter valued at $631,386,000. Pictet Asset Management Holding SA grew its position in shares of HubSpot by 13.1% in the first quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock valued at $533,993,000 after purchasing an additional 252,604 shares in the last quarter. State Street Corp raised its stake in shares of HubSpot by 3.7% during the 4th quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after purchasing an additional 42,948 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of HubSpot by 117.6% during the 4th quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock valued at $477,138,000 after purchasing an additional 642,545 shares during the period. Institutional investors own 90.39% of the company’s stock.

HubSpot Stock Down 2.7%

HubSpot stock opened at $237.65 on Wednesday. HubSpot, Inc. has a 52 week low of $169.63 and a 52 week high of $525.51. The business has a 50-day simple moving average of $211.91 and a 200 day simple moving average of $223.29. The stock has a market cap of $11.85 billion, a price-to-earnings ratio of 83.98, a PEG ratio of 2.64 and a beta of 1.19.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating the consensus estimate of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.The firm had revenue of $911.74 million for the quarter, compared to analysts’ expectations of $898.31 million. During the same quarter last year, the firm posted $2.19 EPS. The company’s revenue was up 19.8% compared to the same quarter last year. 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, research analysts anticipate that HubSpot, Inc. will post 4.54 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have commented on HUBS. Oppenheimer downgraded HubSpot from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. BTIG Research decreased their price target on HubSpot from $300.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. TD Cowen cut their price objective on shares of HubSpot from $250.00 to $220.00 and set a “hold” rating for the company in a research report on Thursday, August 6th. Zacks Research lowered shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Finally, Evercore set a $225.00 target price on shares of HubSpot in a report on Friday, May 8th. Fifteen equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $268.90.

Insider Buying and Selling at HubSpot

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $219.50, for a total value of $1,865,750.00. Following the completion of the transaction, the director owned 76,500 shares of the company’s stock, valued at $16,791,750. The trade was a 10.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gerald Dischler acquired 925 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were bought at an average cost of $215.93 per share, with a total value of $199,735.25. Following the completion of the acquisition, the director directly owned 1,940 shares in the company, valued at $418,904.20. The trade was a 91.13% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 26,202 shares of company stock worth $5,477,709 over the last three months. 3.70% of the stock is owned by insiders.

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.