Canada Pension Plan Investment Board Acquires New Holdings in HubSpot, Inc. $HUBS

Canada Pension Plan Investment Board bought a new stake in HubSpot, Inc. (NYSE:HUBS) in the second quarter, Holdings Channel.com reports. The institutional investor bought 250,813 shares of the software maker’s stock, valued at approximately $45,776,000.

Several other large investors also recently added to or reduced their stakes in the business. Empowered Funds LLC increased its stake in shares of HubSpot by 88.5% during 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 lifted its stake in shares of HubSpot by 12.1% in the 2nd 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 during the last quarter. Treasurer of the State of North Carolina lifted its stake in shares of HubSpot by 4.7% in the 2nd 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 during the last quarter. Osterweis Capital Management Inc. bought a new stake in HubSpot in the second quarter worth $34,000. Finally, Alliancebernstein L.P. boosted its holdings in HubSpot by 35.0% in the second quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock worth $209,335,000 after purchasing an additional 97,469 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

Analysts Set New Price Targets

HUBS has been the subject of several recent analyst reports. Canaccord Genuity Group decreased their price target on HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Mizuho reduced their target price on HubSpot from $300.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Stephens lowered HubSpot from an “overweight” rating to a “hold” rating and set a $251.00 target price for the company. in a report on Thursday, August 6th. Barclays decreased their target price on HubSpot from $270.00 to $240.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Finally, Evercore set a $225.00 price target on HubSpot in a report on Friday, May 8th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $268.90.

Insiders Place Their Bets

In other news, insider Erika Ashley Fisher sold 702 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total value of $165,124.44. Following the completion of the sale, the insider directly owned 14,581 shares of the company’s stock, valued at approximately $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gerald Dischler acquired 925 shares of the stock in a transaction dated Monday, August 10th. The stock was bought at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the purchase, the director owned 1,940 shares of the company’s stock, valued at $418,904.20. The trade was a 91.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 26,202 shares of company stock valued at $5,477,709 in the last three months. Company insiders own 3.70% of the company’s stock.

HubSpot Stock Performance

Shares of NYSE:HUBS opened at $255.93 on Friday. The stock’s 50-day moving average is $214.72 and its 200-day moving average is $223.55. The company has a market cap of $12.76 billion, a P/E ratio of 90.44, a P/E/G ratio of 2.57 and a beta of 1.19. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $525.51.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share 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 business had revenue of $911.74 million during the quarter, compared to analysts’ expectations of $898.31 million. During the same quarter in the previous year, the firm earned $2.19 EPS. The firm’s revenue was up 19.8% compared to the same quarter last year. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. As a group, equities analysts predict that HubSpot, Inc. will post 4.54 EPS for the current year.

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.