Evolve Private Wealth LLC Purchases Shares of 2,526 HubSpot, Inc. $HUBS

Evolve Private Wealth LLC acquired a new position in shares of HubSpot, Inc. (NYSE:HUBS) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,526 shares of the software maker’s stock, valued at approximately $461,000.

Several other large investors have also modified their holdings of the stock. Westpac Banking Corp acquired a new position in shares of HubSpot in the 2nd quarter worth $436,000. Landscape Capital Management L.L.C. purchased a new stake in shares of HubSpot during the second quarter valued at $4,506,000. EP Wealth Advisors LLC purchased a new stake in shares of HubSpot during the second quarter valued at $386,000. Rakuten Securities Inc. acquired a new position in shares of HubSpot in the 2nd quarter valued at $139,000. Finally, Ieq Capital LLC acquired a new position in shares of HubSpot in the 2nd quarter valued at $7,418,000. 90.39% of the stock is owned by institutional investors.

Insider Activity at HubSpot

In other HubSpot news, insider Erika Ashley Fisher sold 702 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the transaction, the insider owned 14,581 shares in the company, valued at approximately $3,429,742.82. This represents a 4.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total transaction of $1,879,265.00. Following the completion of the sale, the director owned 85,000 shares of the company’s stock, valued at approximately $18,792,650. The trade was a 9.09% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 26,202 shares of company stock valued at $5,477,709. Corporate insiders own 3.70% of the company’s stock.

Wall Street Analyst Weigh In

HUBS has been the topic of a number of analyst reports. Stephens cut HubSpot from an “overweight” rating to a “hold” rating and set a $251.00 price target on the stock. in a research note on Thursday, August 6th. Jefferies Financial Group reaffirmed a “buy” rating and set a $250.00 price objective on shares of HubSpot in a research note on Friday, May 8th. BMO Capital Markets cut shares of HubSpot from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $230.00 to $215.00 in a report on Thursday, August 6th. Capital One Financial set a $206.00 target price on shares of HubSpot and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. Finally, Evercore set a $225.00 price target 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 assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $268.90.

HubSpot Trading Down 2.7%

Shares of NYSE HUBS opened at $237.65 on Wednesday. HubSpot, Inc. has a one year low of $169.63 and a one year high of $525.51. The business has a 50-day moving average price of $211.91 and a two-hundred day moving average price of $223.29. The firm has a market capitalization of $11.85 billion, a PE ratio of 83.98, a PEG ratio of 2.64 and a beta of 1.19.

HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. The company had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.The firm’s quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.19 EPS. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Research analysts anticipate that HubSpot, Inc. will post 4.54 EPS for the current year.

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.