HubSpot, Inc. (NYSE:HUBS – Get Free Report) insider Erika Fisher sold 702 shares of HubSpot stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $227.72, for a total transaction of $159,859.44. Following the sale, the insider owned 12,829 shares of the company’s stock, valued at approximately $2,921,419.88. The trade was a 5.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
HubSpot Stock Down 5.1%
NYSE:HUBS traded down $10.99 during midday trading on Thursday, hitting $205.65. The company had a trading volume of 3,372,105 shares, compared to its average volume of 1,738,472. The stock’s fifty day moving average price is $233.82 and its 200-day moving average price is $230.93. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $409.31. The company has a market capitalization of $10.25 billion, a PE ratio of 72.67, a P/E/G ratio of 2.30 and a beta of 1.14.
HubSpot (NYSE:HUBS – Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.81 EPS for the quarter, beating the consensus estimate of $3.27 by $0.54. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The firm had revenue of $947.57 million for the quarter, compared to analyst estimates of $925.50 million. During the same period in the prior year, the company earned $2.66 EPS. The company’s revenue was up 17.1% on a year-over-year basis. As a group, research analysts forecast that HubSpot, Inc. will post 4.63 earnings per share for the current year.
Wall Street Analysts Forecast Growth
HUBS has been the topic of a number of research analyst reports. Sanford C. Bernstein downgraded HubSpot from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $381.00 to $220.00 in a report on Thursday, August 6th. UBS Group reiterated a “hold” rating on shares of HubSpot in a report on Thursday. Wells Fargo & Company dropped their price target on shares of HubSpot from $250.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Thursday. FBN Securities assumed coverage on HubSpot in a research note on Wednesday, September 23rd. They set a “sector perform” rating and a $230.00 target price on the stock. Finally, Wolfe Research lowered shares of HubSpot from an “outperform” rating to a “peer perform” rating in a research note on Thursday, August 6th. Eight investment analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $257.74.
Get Our Latest Stock Analysis on HubSpot
HubSpot News Summary
Here are the key news stories impacting HubSpot this week:
- Positive Sentiment: HubSpot reported Q3 adjusted earnings of $3.81 per share, above the roughly $3.27 consensus, and revenue of $947.6 million versus estimates of $925.5 million. Revenue rose 17.1% year over year. HubSpot Q3 earnings results
- Neutral Sentiment: RBC kept its Outperform rating and Truist maintained Buy, though both lowered price targets—to $260 and $230, respectively. Barclays also cut its target to $222 while retaining Equal Weight, reflecting continued caution despite potential upside from current levels. RBC rating Truist rating Barclays rating
- Negative Sentiment: The main near-term concern is the Q4 outlook: reports say revenue guidance fell short of market expectations, while HubSpot navigates a “bumpy” shift toward outcome-based AI offerings. This raised concerns about the pace of growth despite the Q3 beat. Q4 guidance report AI transition outlook
- Negative Sentiment: Analyst sentiment also weakened. BTIG, Morgan Stanley, and KeyCorp downgraded the shares; Cantor Fitzgerald moved to Underweight and cut its target sharply to $170. Piper Sandler lowered its target to $200 and stayed Neutral. Cantor Fitzgerald rating Piper Sandler rating
Institutional Investors Weigh In On HubSpot
A number of institutional investors have recently bought and sold shares of the business. Access Investment Management LLC bought a new position in HubSpot during the third quarter valued at $32,000. Elevation Wealth Partners LLC raised its stake in shares of HubSpot by 66.7% in the third quarter. Elevation Wealth Partners LLC now owns 175 shares of the software maker’s stock valued at $36,000 after acquiring an additional 70 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of HubSpot in the second quarter valued at $38,000. Provenance Wealth Advisors LLC lifted its holdings in shares of HubSpot by 152.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 290 shares of the software maker’s stock worth $59,000 after acquiring an additional 175 shares during the last quarter. Finally, CX Institutional lifted its holdings in shares of HubSpot by 4,785.7% in the 2nd quarter. CX Institutional now owns 342 shares of the software maker’s stock worth $62,000 after acquiring an additional 335 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.
About HubSpot
HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.
The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.
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