Entropy Technologies LP bought a new stake in HubSpot, Inc. (NYSE:HUBS – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 18,148 shares of the software maker’s stock, valued at approximately $7,283,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of HUBS. Empowered Funds LLC grew its stake in HubSpot by 88.5% in the first quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after purchasing an additional 737 shares in the last quarter. NewEdge Advisors LLC grew its stake in HubSpot by 12.1% in the second quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock valued at $2,665,000 after purchasing an additional 516 shares in the last quarter. Treasurer of the State of North Carolina grew its stake in HubSpot by 4.7% in the second quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock valued at $13,222,000 after purchasing an additional 1,077 shares in the last quarter. Osterweis Capital Management Inc. bought a new position in HubSpot in the second quarter valued at approximately $34,000. Finally, Alliancebernstein L.P. grew its stake in HubSpot by 35.0% in the second quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock valued at $209,335,000 after purchasing an additional 97,469 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on HUBS shares. Mizuho decreased their price target on HubSpot from $300.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Canaccord Genuity Group set a $335.00 price target on HubSpot in a research note on Friday, May 8th. BMO Capital Markets decreased their price target on HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a research note 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. Finally, Piper Sandler decreased their price target on HubSpot from $260.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $311.00.
HubSpot Trading Up 0.8%
Shares of NYSE HUBS opened at $187.83 on Friday. HubSpot, Inc. has a 12 month low of $173.25 and a 12 month high of $568.16. The stock has a 50 day moving average of $214.15 and a 200-day moving average of $277.85. The company has a market capitalization of $9.62 billion, a P/E ratio of 98.34, a P/E/G ratio of 2.06 and a beta of 1.21.
HubSpot (NYSE:HUBS – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.25. The business had revenue of $881.00 million during the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same period last year, the firm posted $1.84 EPS. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Analysts predict that HubSpot, Inc. will post 4.39 EPS for the current fiscal year.
Insider Buying and Selling at HubSpot
In other news, Director Lorrie M. Norrington purchased 1,313 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average cost of $190.42 per share, with a total value of $250,021.46. Following the acquisition, the director owned 2,838 shares in the company, valued at approximately $540,411.96. This trade represents a 86.10% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Erika Ashley Fisher sold 915 shares of HubSpot stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $236.66, for a total value of $216,543.90. Following the sale, the insider directly owned 16,270 shares of the company’s stock, valued at approximately $3,850,458.20. The trade was a 5.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders acquired 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $6,233,049. 3.70% of the stock is currently owned by company insiders.
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.
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