HubSpot, Inc. $HUBS Stock Position Raised by Spyglass Capital Management LLC

Spyglass Capital Management LLC increased its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 18.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 371,365 shares of the software maker’s stock after buying an additional 57,443 shares during the period. HubSpot makes up approximately 3.7% of Spyglass Capital Management LLC’s portfolio, making the stock its 15th biggest position. Spyglass Capital Management LLC’s holdings in HubSpot were worth $67,778,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of HubSpot in the 2nd quarter worth approximately $631,386,000. Price T Rowe Associates Inc. MD grew its stake in HubSpot by 36.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock worth $1,838,727,000 after buying an additional 1,224,424 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in HubSpot by 352.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after buying an additional 703,706 shares during the period. Capital World Investors acquired a new stake in HubSpot in the fourth quarter worth $259,930,000. Finally, AQR Capital Management LLC increased its position in HubSpot by 117.6% in the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock worth $477,138,000 after buying an additional 642,545 shares during the period. Institutional investors own 90.39% of the company’s stock.

Insider Activity at HubSpot

In related news, Director Gerald Dischler purchased 925 shares of HubSpot stock in a transaction dated Monday, August 10th. The stock was bought at an average cost of $215.93 per share, with a total value of $199,735.25. Following the purchase, the director owned 1,940 shares in the company, valued at approximately $418,904.20. The trade was a 91.13% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Erika Ashley Fisher sold 702 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total transaction of $165,124.44. Following the completion of the sale, the insider directly owned 14,581 shares of the company’s stock, valued at approximately $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 26,202 shares of company stock worth $5,477,709 in the last 90 days. Corporate insiders own 3.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of HubSpot from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Citigroup dropped their price objective on shares of HubSpot from $217.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, August 7th. UBS Group set a $287.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. Capital One Financial set a $206.00 target price on shares of HubSpot and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Finally, Morgan Stanley set a $287.00 target price on shares of HubSpot in a research report on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $268.90.

HubSpot Stock Performance

NYSE:HUBS opened at $261.68 on Tuesday. HubSpot, Inc. has a 1 year low of $169.63 and a 1 year high of $525.51. The stock has a market cap of $13.05 billion, a price-to-earnings ratio of 92.47, a PEG ratio of 2.82 and a beta of 1.19. The business has a fifty day moving average of $218.19 and a 200-day moving average of $223.97.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.The company had revenue of $911.74 million for the quarter, compared to analyst estimates of $898.31 million. During the same period last year, the company earned $2.19 earnings per share. The company’s quarterly revenue was up 19.8% compared to the same quarter last year. 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 predict that HubSpot, Inc. will post 4.54 EPS for the current year.

HubSpot 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.