HubSpot, Inc. $HUBS Shares Acquired by Legal & General Group Plc

Legal & General Group Plc increased its position in HubSpot, Inc. (NYSE:HUBS) by 11.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 411,835 shares of the software maker’s stock after acquiring an additional 40,867 shares during the period. Legal & General Group Plc’s holdings in HubSpot were worth $165,269,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of HUBS. Pictet Asset Management Holding SA raised its position in shares of HubSpot by 32.7% in the fourth quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker’s stock valued at $776,714,000 after buying an additional 476,740 shares during the last quarter. Vanguard Group Inc. grew its holdings in HubSpot by 6.4% in the third quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock valued at $2,683,659,000 after purchasing an additional 345,524 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in HubSpot by 22,795.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 284,816 shares of the software maker’s stock valued at $114,297,000 after purchasing an additional 283,572 shares during the period. AQR Capital Management LLC grew its holdings in HubSpot by 89.2% in the third quarter. AQR Capital Management LLC now owns 546,436 shares of the software maker’s stock valued at $255,623,000 after purchasing an additional 257,577 shares during the period. Finally, Atreides Management LP purchased a new stake in HubSpot in the third quarter valued at approximately $113,878,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Royal Bank Of Canada lowered their target price on shares of HubSpot from $400.00 to $350.00 and set an “outperform” rating for the company in a report on Friday, May 8th. BTIG Research restated a “buy” rating and issued a $300.00 target price on shares of HubSpot in a report on Tuesday, April 21st. The Goldman Sachs Group restated a “buy” rating and issued a $382.00 target price on shares of HubSpot in a report on Friday, May 8th. William Blair downgraded shares of HubSpot from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Finally, Piper Sandler lowered their target price on shares of HubSpot from $260.00 to $250.00 and set an “overweight” rating for the company in a report 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 given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $311.00.

HubSpot Stock Up 1.4%

HUBS opened at $200.71 on Thursday. HubSpot, Inc. has a 52-week low of $173.25 and a 52-week high of $626.93. The company has a 50 day moving average of $222.93 and a two-hundred day moving average of $291.22. The company has a market cap of $10.28 billion, a P/E ratio of 105.08, a P/E/G ratio of 2.17 and a beta of 1.23.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, topping 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 company 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 firm earned $1.84 earnings per share. HubSpot’s revenue for the quarter 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. Research analysts anticipate that HubSpot, Inc. will post 4.39 earnings per share for the current year.

Insider Activity 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 sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Yamini Rangan acquired 2,750 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were acquired at an average price of $189.84 per share, with a total value of $522,060.00. Following the completion of the purchase, the chief executive officer owned 102,982 shares of the company’s stock, valued at $19,550,102.88. This trade represents a 2.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 14,063 shares of company stock valued at $2,585,781 and sold 26,207 shares valued at $6,233,049. Corporate insiders own 4.00% of the company’s stock.

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.