33,728 HubSpot, Inc. $HUBS Shares Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA boosted its position in HubSpot, Inc. (NYSE:HUBS) by 2.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,689,478 shares of the software maker’s stock after acquiring an additional 33,728 shares during the period. Pictet Asset Management Holding SA’s holdings in HubSpot were worth $346,208,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in HubSpot in the second quarter valued at approximately $631,386,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of HubSpot by 352.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock valued at $220,559,000 after acquiring an additional 703,706 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of HubSpot during the second quarter valued at approximately $112,671,000. Bank of America Corp DE acquired a new position in shares of HubSpot during the second quarter worth approximately $70,174,000. Finally, Edmond DE Rothschild Holding S.A. acquired a new position in shares of HubSpot during the second quarter worth approximately $64,616,000. Institutional investors own 90.39% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on HUBS shares. FBN Securities started coverage on shares of HubSpot in a report on Wednesday, September 23rd. They set a “sector perform” rating and a $230.00 price objective on the stock. Zacks Research cut HubSpot from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. BTIG Research cut shares of HubSpot from a “buy” rating to a “neutral” rating in a research note on Thursday. Sanford C. Bernstein lowered HubSpot from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $381.00 to $220.00 in a research note on Thursday, August 6th. Finally, Canaccord Genuity Group dropped their price target on HubSpot from $335.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Eight equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $257.65.

HubSpot News Summary

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 revenue rose 17.1% year over year to $947.6 million, adjusted EPS of $3.81 topped estimates, and HubSpot added 5,300 net customers. The company also raised its full-year 2026 outlook. HubSpot: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Insider Erika Fisher sold 702 shares for about $160,000, reducing her direct stake by 5.19%; she retained 12,829 shares, making the sale a relatively limited signal. HubSpot insider share sale
• Negative Sentiment: Q4 revenue guidance of $945 million–$947 million fell short of market expectations, overshadowing the Q3 beat. Reports also point to AI-related growth headwinds and customers demanding clearer proof of value before purchasing, which could slow sales. HubSpot Q4 revenue outlook and AI headwinds Customers want proof of value
• Negative Sentiment: Several firms downgraded HubSpot or cut price targets after the results and outlook, including Cantor Fitzgerald, Morgan Stanley, KeyCorp and BTIG. The broadening analyst caution adds pressure despite some firms retaining Buy or Outperform ratings. Analyst downgrades after Q3 results and guidance

HubSpot Stock Down 1.9%

Shares of NYSE HUBS opened at $201.11 on Friday. The business has a 50-day simple moving average of $232.10 and a two-hundred day simple moving average of $229.88. The company has a market cap of $10.03 billion, a P/E ratio of 48.00, a P/E/G ratio of 1.72 and a beta of 1.14. HubSpot, Inc. has a 52 week low of $169.63 and a 52 week high of $406.94.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, November 4th. The software maker reported $3.81 earnings per share for the quarter, topping analysts’ consensus estimates of $3.27 by $0.54. The business had revenue of $947.57 million for the quarter, compared to analyst estimates of $925.50 million. HubSpot had a net margin of 5.95% and a return on equity of 12.18%. HubSpot’s revenue was up 17.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.66 EPS. Equities research analysts anticipate that HubSpot, Inc. will post 4.69 EPS for the current year.

Insider Transactions at HubSpot

In other news, Director Gerald Dischler bought 925 shares of HubSpot stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average price of $215.93 per share, with a total value of $199,735.25. Following the completion of the purchase, the director directly owned 1,940 shares in the company, valued at $418,904.20. The trade was a 91.13% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total value of $2,036,345.00. Following the transaction, the director owned 59,500 shares in the company, valued at $14,254,415. This trade represents a 12.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 26,202 shares of company stock valued at $6,149,894. 3.70% of the stock is owned by corporate insiders.

About HubSpot

HubSpot, Inc develops cloud-based customer relationship management software designed to help businesses attract and engage customers, manage sales, and provide customer support. Founded in 2006 by Brian Halligan and Dharmesh Shah, the company helped popularize inbound marketing, an approach focused on drawing customers in with useful content and experiences.

Its platform combines a central CRM with products for marketing, sales, customer service, content management, operations, and commerce.