TD Asset Management Inc Sells 3,952 Shares of HubSpot, Inc. $HUBS

TD Asset Management Inc lessened its position in shares of HubSpot, Inc. (NYSE:HUBS) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,813 shares of the software maker’s stock after selling 3,952 shares during the period. TD Asset Management Inc owned approximately 0.12% of HubSpot worth $26,009,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in HUBS. Empowered Funds LLC boosted its holdings in shares of HubSpot by 88.5% during the first quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock worth $897,000 after acquiring an additional 737 shares during the period. NewEdge Advisors LLC raised its position in shares of HubSpot by 12.1% in the second quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock valued at $2,665,000 after buying an additional 516 shares in the last quarter. Treasurer of the State of North Carolina raised its position in shares of HubSpot by 4.7% in the second 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 buying an additional 1,077 shares in the last quarter. Osterweis Capital Management Inc. acquired a new stake in shares of HubSpot in the second quarter valued at approximately $34,000. Finally, Alliancebernstein L.P. raised its position in shares of HubSpot by 35.0% in the second quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock valued at $209,335,000 after buying an additional 97,469 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Insider Buying and Selling at HubSpot

In other HubSpot news, insider Erika Ashley Fisher sold 915 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $236.66, for a total transaction of $216,543.90. Following the completion of the transaction, the insider directly owned 16,270 shares in the company, valued at $3,850,458.20. The trade was a 5.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Lorrie M. Norrington acquired 1,313 shares of the stock in a transaction on Monday, May 11th. The shares were purchased at an average price of $190.42 per share, with a total value of $250,021.46. Following the completion of the transaction, the director owned 2,838 shares of the company’s stock, valued at approximately $540,411.96. This represents a 86.10% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 14,063 shares of company stock valued at $2,585,781 and sold 26,207 shares valued at $6,233,049. Company insiders own 3.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Truist Financial dropped their price target on shares of HubSpot from $300.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Cantor Fitzgerald downgraded shares of HubSpot from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $325.00 to $200.00 in a research report on Friday, May 8th. Barclays dropped their price target on shares of HubSpot from $300.00 to $270.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. Piper Sandler dropped their price target on shares of HubSpot from $260.00 to $250.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Finally, KeyCorp dropped their price target on shares of HubSpot from $340.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, HubSpot presently has an average rating of “Moderate Buy” and a consensus target price of $311.00.

HubSpot Price Performance

Shares of HUBS opened at $211.90 on Monday. HubSpot, Inc. has a one year low of $173.25 and a one year high of $610.61. The company has a market cap of $10.85 billion, a P/E ratio of 110.94, a P/E/G ratio of 2.33 and a beta of 1.21. The firm has a 50 day simple moving average of $218.71 and a two-hundred day simple moving average of $283.10.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $863.32 million. During the same period in the previous year, the business earned $1.84 earnings per share. The company’s 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. On average, analysts expect that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal 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.