Parallel Advisors LLC Raises Stake in HubSpot, Inc. $HUBS

Parallel Advisors LLC boosted its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 746.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,291 shares of the software maker’s stock after buying an additional 4,666 shares during the quarter. Parallel Advisors LLC’s holdings in HubSpot were worth $2,124,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Prudential PLC grew its position in shares of HubSpot by 14.8% during the 4th quarter. Prudential PLC now owns 1,068 shares of the software maker’s stock valued at $429,000 after acquiring an additional 138 shares during the period. Westfield Capital Management Co. LP lifted its stake in HubSpot by 162.5% in the fourth quarter. Westfield Capital Management Co. LP now owns 352,154 shares of the software maker’s stock valued at $141,319,000 after purchasing an additional 217,979 shares during the last quarter. Vise Technologies Inc. lifted its stake in HubSpot by 14.1% in the fourth quarter. Vise Technologies Inc. now owns 557 shares of the software maker’s stock valued at $224,000 after purchasing an additional 69 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in HubSpot by 7.1% during the fourth quarter. Daiwa Securities Group Inc. now owns 13,878 shares of the software maker’s stock valued at $5,569,000 after purchasing an additional 920 shares during the period. Finally, State of Wyoming increased its position in HubSpot by 310.0% in the fourth quarter. State of Wyoming now owns 451 shares of the software maker’s stock worth $181,000 after buying an additional 341 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. UBS Group cut their price target on HubSpot from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, May 8th. BTIG Research reiterated a “buy” rating and issued a $300.00 target price on shares of HubSpot in a research note on Tuesday, April 21st. Canaccord Genuity Group set a $335.00 price target on shares of HubSpot in a research note on Friday, May 8th. KeyCorp cut their price objective on shares of HubSpot from $340.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Finally, Royal Bank Of Canada reduced their price objective 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. Twenty-two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, HubSpot currently has a consensus rating of “Moderate Buy” and a consensus target price of $311.00.

HubSpot Trading Down 3.8%

Shares of HUBS opened at $211.90 on Friday. HubSpot, Inc. has a 12-month low of $173.25 and a 12-month high of $610.61. The company has a market cap of $10.85 billion, a PE ratio of 110.94, a price-to-earnings-growth ratio of 2.33 and a beta of 1.21. The stock has a 50-day moving average price of $218.71 and a 200-day moving average price of $283.71.

HubSpot (NYSE:HUBS) last announced its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. 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 firm posted $1.84 earnings per share. HubSpot’s quarterly revenue was up 23.4% on a year-over-year basis. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. As a group, analysts predict that HubSpot, Inc. will post 4.39 earnings per share for the current year.

Insider Activity

In related news, CTO Dharmesh Shah acquired 10,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was bought at an average cost of $181.37 per share, with a total value of $1,813,700.00. Following the acquisition, the chief technology officer owned 1,295,400 shares of the company’s stock, valued at approximately $234,946,698. The trade was a 0.78% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Erika Ashley Fisher sold 915 shares of HubSpot stock in a transaction on Monday, May 4th. The stock was sold at an average price of $236.66, for a total transaction of $216,543.90. Following the sale, the insider directly owned 16,270 shares of the company’s stock, valued at $3,850,458.20. This represents a 5.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have bought 14,063 shares of company stock worth $2,585,781 and have sold 26,207 shares worth $6,233,049. Corporate insiders own 3.70% of the company’s stock.

HubSpot 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.