281,876 Shares in HubSpot, Inc. $HUBS Bought by Man Group plc

Man Group plc purchased a new position in HubSpot, Inc. (NYSE:HUBS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 281,876 shares of the software maker’s stock, valued at approximately $51,445,000. Man Group plc owned approximately 0.57% of HubSpot as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

Several research firms have recently issued reports on HUBS. Morgan Stanley set a $287.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. JPMorgan Chase & Co. cut their target price on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Jefferies Financial Group reiterated a “buy” rating and issued a $250.00 price target on shares of HubSpot in a report on Friday, May 8th. Truist Financial decreased their price target on shares of HubSpot from $300.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Finally, KeyCorp dropped their price objective on shares of HubSpot from $290.00 to $285.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, HubSpot has a consensus rating of “Hold” and a consensus target price of $268.90.

HubSpot Trading Down 0.3%

Shares of NYSE HUBS opened at $236.86 on Thursday. The firm’s 50-day moving average price is $213.12 and its 200-day moving average price is $223.38. The stock has a market capitalization of $11.81 billion, a price-to-earnings ratio of 83.70, a P/E/G ratio of 2.57 and a beta of 1.19. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $525.51.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping 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 company had revenue of $911.74 million during the quarter, compared to analyst estimates of $898.31 million. During the same quarter last year, the business posted $2.19 earnings per share. The firm’s revenue was up 19.8% on a year-over-year basis. 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, equities analysts predict that HubSpot, Inc. will post 4.54 EPS for the current fiscal year.

Insider Transactions at HubSpot

In related news, Director Gerald Dischler bought 925 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were purchased at an average price of $215.93 per share, with a total value of $199,735.25. Following the transaction, the director owned 1,940 shares in the company, valued at $418,904.20. This trade represents a 91.13% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Erika Ashley Fisher sold 702 shares of the stock in a transaction 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 sale, the insider owned 14,581 shares in the company, valued at $3,429,742.82. The trade was a 4.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 26,202 shares of company stock worth $5,477,709. 3.70% of the stock is currently owned by company insiders.

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.