Northwestern Mutual Wealth Management Co. Acquires New Position in HubSpot, Inc. $HUBS

Northwestern Mutual Wealth Management Co. acquired a new stake in shares of HubSpot, Inc. (NYSE:HUBS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,983 shares of the software maker’s stock, valued at approximately $1,457,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HUBS. Empowered Funds LLC lifted its stake in shares of HubSpot by 88.5% during the 1st quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after buying an additional 737 shares in the last quarter. NewEdge Advisors LLC grew its stake in HubSpot by 12.1% in the 2nd 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 grew its stake in HubSpot by 4.7% in the 2nd 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. bought a new stake in HubSpot during the 2nd quarter valued at $34,000. Finally, Alliancebernstein L.P. raised its holdings in HubSpot by 35.0% during the 2nd quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock valued at $209,335,000 after acquiring an additional 97,469 shares during the period. Institutional investors own 90.39% of the company’s stock.

HubSpot Price Performance

HUBS opened at $237.65 on Wednesday. The company has a fifty day moving average price of $211.91 and a 200-day moving average price of $223.29. The firm has a market capitalization of $11.85 billion, a P/E ratio of 83.98, a price-to-earnings-growth ratio of 2.64 and a beta of 1.19. HubSpot, Inc. has a one year low of $169.63 and a one year high of $525.51.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm had revenue of $911.74 million for the quarter, compared to analysts’ expectations of $898.31 million. During the same quarter in the prior year, the firm posted $2.19 earnings per share. The business’s quarterly revenue was up 19.8% on a year-over-year basis. 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, analysts expect that HubSpot, Inc. will post 4.54 earnings per share for the current year.

Insiders Place Their Bets

In other HubSpot news, Director Gerald Dischler bought 925 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were acquired at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the purchase, the director directly owned 1,940 shares of the company’s stock, valued at $418,904.20. The trade was a 91.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Erika Ashley Fisher sold 702 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the completion of the sale, the insider directly owned 14,581 shares in the company, valued at approximately $3,429,742.82. The trade was a 4.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 26,202 shares of company stock worth $5,477,709 in the last ninety days. 3.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on HUBS. JPMorgan Chase & Co. cut their price target on HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a report on Friday, May 8th. BTIG Research decreased their price objective on HubSpot from $300.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Canaccord Genuity Group dropped their price objective on HubSpot from $335.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Citigroup cut their target price on HubSpot from $217.00 to $210.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of HubSpot in a report on Wednesday, June 24th. Fifteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $268.90.

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.