2,387 Shares in HubSpot, Inc. $HUBS Bought by Westpac Banking Corp

Westpac Banking Corp bought a new stake in shares of HubSpot, Inc. (NYSE:HUBS) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 2,387 shares of the software maker’s stock, valued at approximately $436,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Empowered Funds LLC grew its position in HubSpot by 88.5% in the 1st quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock worth $897,000 after purchasing an additional 737 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of HubSpot by 12.1% during the 2nd quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock worth $2,665,000 after purchasing an additional 516 shares during the period. Treasurer of the State of North Carolina raised its position in shares of HubSpot by 4.7% during 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 buying an additional 1,077 shares during the last quarter. Osterweis Capital Management Inc. acquired a new position in shares of HubSpot during the second quarter valued at about $34,000. Finally, Alliancebernstein L.P. lifted its stake in shares of 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 buying an additional 97,469 shares during the period. 90.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HUBS shares. Capital One Financial set a $206.00 target price on HubSpot and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. Morgan Stanley set a $287.00 price objective on HubSpot in a research report on Thursday, August 6th. Citigroup decreased their price objective on HubSpot from $217.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Canaccord Genuity Group decreased their price objective on HubSpot from $335.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Finally, Bank of America restated an “underperform” rating and set a $200.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $268.90.

HubSpot Stock Up 0.2%

NYSE HUBS opened at $240.26 on Friday. HubSpot, Inc. has a twelve month low of $169.63 and a twelve month high of $525.51. The stock has a market cap of $11.98 billion, a P/E ratio of 84.90, a PEG ratio of 2.46 and a beta of 1.19. The company’s 50-day simple moving average is $209.65 and its 200 day simple moving average is $223.69.

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

Insider Buying and Selling

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total value of $1,879,265.00. Following the sale, the director directly owned 85,000 shares in the company, valued at $18,792,650. This represents a 9.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Gerald Dischler acquired 925 shares of the business’s stock in a transaction on 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 owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold 26,202 shares of company stock worth $5,477,709 in the last 90 days. 3.70% of the stock is 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.