Thrivent Financial for Lutherans Buys 4,559 Shares of HubSpot, Inc. $HUBS

Thrivent Financial for Lutherans raised its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 23.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,789 shares of the software maker’s stock after purchasing an additional 4,559 shares during the quarter. Thrivent Financial for Lutherans’ holdings in HubSpot were worth $11,128,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in HUBS. Vanguard Group Inc. boosted its stake in shares of HubSpot by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 5,391,241 shares of the software maker’s stock valued at $3,000,926,000 after purchasing an additional 144,507 shares in the last quarter. Geode Capital Management LLC lifted its holdings in HubSpot by 4.3% in the second quarter. Geode Capital Management LLC now owns 925,938 shares of the software maker’s stock worth $513,886,000 after buying an additional 38,096 shares during the period. Jennison Associates LLC boosted its position in HubSpot by 548.6% during the 2nd quarter. Jennison Associates LLC now owns 794,677 shares of the software maker’s stock valued at $442,341,000 after acquiring an additional 672,158 shares in the last quarter. Norges Bank purchased a new position in shares of HubSpot during the 2nd quarter worth approximately $269,941,000. Finally, Alliancebernstein L.P. grew its holdings in shares of HubSpot by 35.0% during the 2nd quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock worth $209,335,000 after acquiring an additional 97,469 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Evercore ISI set a $500.00 target price on HubSpot in a research note on Thursday, November 6th. Canaccord Genuity Group lowered their price objective on HubSpot from $700.00 to $600.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Jefferies Financial Group reduced their target price on shares of HubSpot from $650.00 to $560.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Rothschild Redb lowered shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Finally, UBS Group dropped their price objective on shares of HubSpot from $600.00 to $450.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, HubSpot presently has a consensus rating of “Moderate Buy” and a consensus target price of $578.13.

HubSpot Price Performance

Shares of HubSpot stock opened at $243.48 on Thursday. HubSpot, Inc. has a 1 year low of $227.78 and a 1 year high of $881.13. The firm’s 50-day moving average is $357.97 and its 200 day moving average is $427.48. The stock has a market cap of $12.76 billion, a price-to-earnings ratio of -3,043.50, a PEG ratio of 5.84 and a beta of 1.44.

HubSpot (NYSE:HUBS) last issued its earnings results on Thursday, November 6th. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $0.08. The business had revenue of $809.52 million during the quarter, compared to analysts’ expectations of $786.80 million. HubSpot had a negative net margin of 0.12% and a positive return on equity of 1.21%. The business’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.18 earnings per share. On average, equities analysts expect that HubSpot, Inc. will post 1.01 EPS for the current fiscal year.

Insider Buying and Selling at HubSpot

In related news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $303.38, for a total value of $2,578,730.00. Following the completion of the transaction, the director directly owned 487,344 shares in the company, valued at $147,850,422.72. The trade was a 1.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 25,500 shares of company stock worth $8,827,080 over the last ninety days. 4.00% of the stock is owned by company insiders.

Key Stories Impacting HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Management highlights stronger new contracts and a constructive cash‑flow outlook, which underpin revenue durability and margin progress even though the stock has lagged. HubSpot New Contracts And Cash Flow Outlook Contrast With Weak Share Performance
• Positive Sentiment: Analysts and commentators point to HubSpot’s upmarket customer wins and emerging AI agents as potential drivers of faster, higher‑value growth over time. Those narratives support a longer‑term bull case despite near‑term softness. Are HubSpot’s (HUBS) Upmarket Wins And AI Agents Quietly Redefining Its Core Growth Engine?
• Positive Sentiment: Opinion pieces laying out a “bull case” highlight recurring revenue strength and product momentum that could justify upside if execution continues. HubSpot, Inc. (HUBS): A bull case theory
• Neutral Sentiment: HubSpot is scheduled to post earnings soon; the event can amplify moves in either direction depending on revenue/ARR, guidance and margin cadence. HubSpot (HUBS) Projected to Post Earnings on Wednesday
• Neutral Sentiment: Several human‑interest/profile stories about CEO Yamini Rangan have circulated; these are unlikely to move the stock materially but keep the company in media rotation. Why HubSpot CEO Yamini Rangan told her son to study computer science, even as coding is dead
• Negative Sentiment: An Oppenheimer analyst lowered HubSpot’s price target from $550 to $350 (still an “outperform”), a sizable cut that can pressure sentiment and trigger selling by momentum/quant strategies. Benzinga
• Negative Sentiment: Coverage of broad declines across mid‑cap SaaS names (Braze, DocuSign, Snowflake, PagerDuty and HubSpot) suggests sector rotation or macro/interest‑rate worries are weighing on the stock alongside company‑specific headlines. Braze, DocuSign, HubSpot, Snowflake, and PagerDuty Shares Are Falling, What You Need To Know

HubSpot Company 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.