Lorrie Norrington Acquires 1,313 Shares of HubSpot (NYSE:HUBS) Stock

HubSpot, Inc. (NYSE:HUBS) Director Lorrie Norrington bought 1,313 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the completion of the transaction, the director owned 2,838 shares of the company’s stock, valued at $540,411.96. This represents a 86.10% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

HubSpot Stock Down 0.1%

HUBS stock opened at $179.43 on Thursday. HubSpot, Inc. has a twelve month low of $173.25 and a twelve month high of $682.57. The company has a market cap of $9.19 billion, a PE ratio of 93.94, a price-to-earnings-growth ratio of 2.27 and a beta of 1.23. The business’s 50-day simple moving average is $237.71 and its 200 day simple moving average is $309.99.

HubSpot (NYSE:HUBS) last released its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The business had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. During the same period last year, the business earned $1.84 earnings per share. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. On average, equities research analysts anticipate that HubSpot, Inc. will post 3.79 EPS for the current year.

Hedge Funds Weigh In On HubSpot

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of HubSpot by 6.4% in the 3rd quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock valued at $2,683,659,000 after buying an additional 345,524 shares during the period. Price T Rowe Associates Inc. MD lifted its position in HubSpot by 36.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock valued at $1,838,727,000 after acquiring an additional 1,224,424 shares in the last quarter. Pictet Asset Management Holding SA lifted its position in HubSpot by 13.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock valued at $533,993,000 after acquiring an additional 252,604 shares in the last quarter. State Street Corp lifted its position in HubSpot by 3.7% in the 4th quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after acquiring an additional 42,948 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in HubSpot by 117.6% in the 4th quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock valued at $477,138,000 after acquiring an additional 642,545 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on HUBS shares. The Goldman Sachs Group restated a “buy” rating and set a $382.00 price target on shares of HubSpot in a research note on Friday, May 8th. Bank of America reiterated an “underperform” rating and issued a $180.00 target price (down from $300.00) on shares of HubSpot in a research note on Friday, May 8th. Royal Bank Of Canada cut their target price on shares of HubSpot from $400.00 to $350.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Zacks Research cut shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Finally, BNP Paribas Exane cut shares of HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 price objective for the company. in a research report on Monday. Twenty-two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, HubSpot presently has an average rating of “Moderate Buy” and an average target price of $311.00.

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.