Greatmark Investment Partners Inc. purchased a new stake in HubSpot, Inc. (NYSE:HUBS – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,706 shares of the software maker’s stock, valued at approximately $965,000.
A number of other institutional investors and hedge funds have also made changes to their positions in HUBS. VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in HubSpot by 13.0% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 66,088 shares of the software maker’s stock valued at $13,547,000 after purchasing an additional 7,600 shares during the period. Parcion Private Wealth LLC grew its stake in HubSpot by 91.6% during the 3rd quarter. Parcion Private Wealth LLC now owns 2,441 shares of the software maker’s stock valued at $500,000 after purchasing an additional 1,167 shares in the last quarter. Choreo LLC purchased a new stake in HubSpot during the 3rd quarter worth approximately $218,000. Interchange Capital Partners LLC increased its holdings in HubSpot by 8.9% during the 3rd quarter. Interchange Capital Partners LLC now owns 1,424 shares of the software maker’s stock worth $292,000 after purchasing an additional 116 shares during the last quarter. Finally, D.A. Davidson & CO. increased its holdings in HubSpot by 9.3% during the 3rd quarter. D.A. Davidson & CO. now owns 2,398 shares of the software maker’s stock worth $492,000 after purchasing an additional 204 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, Director Gerald Dischler purchased 925 shares of the stock in a transaction on Monday, August 10th. The shares were bought at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the completion of the acquisition, the director directly owned 1,940 shares in the company, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Erika Fisher sold 702 shares of HubSpot stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total value of $165,124.44. Following the completion of the transaction, the insider owned 14,581 shares in the company, valued at $3,429,742.82. The trade was a 4.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 26,202 shares of company stock valued at $6,155,159. Insiders own 3.70% of the company’s stock.
HubSpot Price Performance
HUBS opened at $234.54 on Friday. The company has a market capitalization of $11.70 billion, a PE ratio of 75.34, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24. The business has a 50-day moving average of $234.71 and a 200-day moving average of $232.72. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $497.96.
HubSpot (NYSE:HUBS – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. The firm had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The firm’s revenue was up 19.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.19 earnings per share. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, equities research analysts expect that HubSpot, Inc. will post 4.63 earnings per share for the current fiscal year.
Analyst Ratings Changes
HUBS has been the topic of a number of recent analyst reports. BMO Capital Markets upped their target price on HubSpot from $215.00 to $250.00 and gave the company a “market perform” rating in a research report on Monday, September 21st. The Goldman Sachs Group set a $276.00 price target on shares of HubSpot in a research report on Thursday, August 6th. Weiss Ratings raised shares of HubSpot from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, October 2nd. Sanford C. Bernstein downgraded HubSpot from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $381.00 to $220.00 in a report on Thursday, August 6th. Finally, Morgan Stanley set a $287.00 price objective on shares of HubSpot in a research note on Thursday, August 6th. Eleven equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, HubSpot has a consensus rating of “Hold” and a consensus target price of $272.77.
View Our Latest Research Report on HUBS
HubSpot Profile
HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.
The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.
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