TimesSquare Capital Management LLC Sells 9,198 Shares of HubSpot, Inc. $HUBS

TimesSquare Capital Management LLC decreased its holdings in HubSpot, Inc. (NYSE:HUBS) by 3.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 230,400 shares of the software maker’s stock after selling 9,198 shares during the quarter. HubSpot accounts for about 1.5% of TimesSquare Capital Management LLC’s portfolio, making the stock its 10th largest holding. TimesSquare Capital Management LLC owned approximately 0.44% of HubSpot worth $107,781,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Jennison Associates LLC raised its position in shares of HubSpot by 548.6% in the second quarter. Jennison Associates LLC now owns 794,677 shares of the software maker’s stock valued at $442,341,000 after buying an additional 672,158 shares in the last quarter. Norges Bank bought a new position in HubSpot during the 2nd quarter worth $269,941,000. Neuberger Berman Group LLC raised its holdings in HubSpot by 166.2% in the 2nd quarter. Neuberger Berman Group LLC now owns 321,679 shares of the software maker’s stock valued at $179,055,000 after acquiring an additional 200,844 shares in the last quarter. Vanguard Group Inc. grew its holdings 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 worth $3,000,926,000 after purchasing an additional 144,507 shares in the last quarter. Finally, Rakuten Investment Management Inc. bought a new position in shares of HubSpot in the third quarter worth $48,548,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Trading Up 6.3%

HubSpot stock opened at $243.31 on Friday. The company has a market capitalization of $12.83 billion, a PE ratio of 279.67, a P/E/G ratio of 5.79 and a beta of 1.44. The stock has a 50-day moving average price of $337.83 and a two-hundred day moving average price of $411.53. HubSpot, Inc. has a 12 month low of $207.20 and a 12 month high of $820.00.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, February 11th. The software maker reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.99 by $0.10. HubSpot had a return on equity of 3.64% and a net margin of 1.47%.The company had revenue of $846.75 million during the quarter, compared to the consensus estimate of $830.65 million. During the same quarter in the prior year, the firm posted $2.32 earnings per share. The firm’s revenue was up 20.4% compared to the same quarter last year. As a group, analysts predict that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Key Stories Impacting HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q4 beat and aggressive FY‑2026 guidance — HubSpot reported Q4 EPS $3.09 and revenue $846.7M (both above estimates) and gave FY‑2026 revenue and EPS guidance well ahead of consensus, which investors view as proof of continued growth acceleration. HubSpot rallies in premarket on earnings beat and upbeat 2026 outlook
• Positive Sentiment: $1B buyback and margin targets boost upside — Management approved a $1B repurchase program alongside targets for ~20% pro‑forma margins and strong FCF, signaling capital return confidence that supports valuation recovery narratives. HubSpot shares jump as Q4 earnings beat estimates
• Positive Sentiment: Enterprise CRM adoption pickup — HubSpot is seeing adoption growth inside the Russell 1000 and stronger multi‑hub customer adoption, suggesting larger deal traction and improving retention/expandability. HubSpot Sees Adoption Growth in Russell 1000 CRM Push
• Neutral Sentiment: Analyst bull/bear debate and valuation review — Coverage is polarized: some analysts raised targets (Citigroup), while others trimmed PTs substantially; independent writeups are reassessing valuation given the buyback and lowered multiples after the stock drawdown. Assessing HubSpot Valuation After Earnings Beat
• Negative Sentiment: Widespread price‑target cuts — Multiple sell‑side firms slashed targets (Goldman, UBS, Mizuho, Truist, Piper, BTIG and others), reflecting persistent skepticism on longer‑term multiples despite the beat; that keeps downside risk if sentiment doesn’t improve. Benzinga roundup of analyst changes
• Negative Sentiment: Near‑term volatility and profit‑taking — Despite the beat and strong guidance, headlines reported a volatile intra‑day reaction (initial tumble in some sessions) as investors weigh valuation, prompting short‑term swings. HubSpot shares tumble despite earnings beat and strong guidance

Insiders Place Their Bets

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $303.38, for a total value of $2,578,730.00. Following the transaction, the director owned 487,344 shares in the company, valued at approximately $147,850,422.72. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Erika Ashley Fisher sold 841 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $238.01, for a total value of $200,166.41. Following the completion of the sale, the insider directly owned 10,119 shares of the company’s stock, valued at $2,408,423.19. This trade represents a 7.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 26,930 shares of company stock worth $9,175,604. 4.00% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of HubSpot in a research report on Thursday. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of HubSpot in a report on Thursday. Barclays decreased their price objective on shares of HubSpot from $525.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday. Stifel Nicolaus cut their target price on HubSpot from $550.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, January 23rd. Finally, Piper Sandler reduced their target price on HubSpot from $400.00 to $280.00 and set an “overweight” rating on the stock in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, HubSpot presently has an average rating of “Moderate Buy” and an average price target of $452.70.

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.