Candriam S.C.A. Purchases 2,318 Shares of HubSpot, Inc. $HUBS

Candriam S.C.A. increased its holdings in HubSpot, Inc. (NYSE:HUBS) by 13.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,749 shares of the software maker’s stock after acquiring an additional 2,318 shares during the quarter. Candriam S.C.A.’s holdings in HubSpot were worth $4,821,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Strategic Advocates LLC purchased a new stake in HubSpot in the third quarter worth $25,000. Turning Point Benefit Group Inc. purchased a new position in HubSpot during the third quarter valued at $25,000. Rakuten Securities Inc. lifted its position in HubSpot by 783.3% during the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after buying an additional 47 shares during the period. Cary Street Partners Investment Advisory LLC bought a new position in shares of HubSpot during the fourth quarter valued at approximately $33,000. Finally, Osterweis Capital Management Inc. bought a new position in shares of HubSpot during the second quarter valued at approximately $34,000. 90.39% of the stock is currently owned by institutional investors.

HubSpot Price Performance

HUBS stock opened at $217.88 on Tuesday. HubSpot, Inc. has a 1 year low of $169.63 and a 1 year high of $568.16. The company has a market cap of $11.16 billion, a P/E ratio of 114.07, a price-to-earnings-growth ratio of 2.27 and a beta of 1.22. The stock’s fifty day moving average price is $199.46 and its 200-day moving average price is $249.04.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. The company had revenue of $881.00 million during the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.HubSpot’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.84 earnings per share. 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 expect that HubSpot, Inc. will post 4.39 earnings per share for the current 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, June 16th. The stock was sold at an average price of $184.42, for a total transaction of $1,567,570.00. Following the completion of the transaction, the director directly owned 93,500 shares in the company, valued at approximately $17,243,270. The trade was a 8.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lorrie M. Norrington bought 1,313 shares of HubSpot stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average cost of $190.42 per share, with a total value of $250,021.46. Following the completion of the acquisition, the director directly owned 2,838 shares in the company, valued at $540,411.96. This represents a 86.10% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 14,063 shares of company stock valued at $2,585,781 and sold 26,207 shares valued at $5,567,244. Corporate insiders own 3.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HUBS. Weiss Ratings reissued a “sell (d)” rating on shares of HubSpot in a research report on Wednesday, June 24th. Evercore set a $225.00 target price on shares of HubSpot in a report on Friday, May 8th. Truist Financial dropped their target price on shares of HubSpot from $300.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. KeyCorp cut their price target on shares of HubSpot from $340.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. lowered their price objective on HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Twenty-one research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $311.00.

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.