ING Groep NV Invests $4.94 Million in HubSpot, Inc. $HUBS

ING Groep NV purchased a new position in shares of HubSpot, Inc. (NYSE:HUBS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,300 shares of the software maker’s stock, valued at approximately $4,936,000.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of HubSpot by 6.4% during the third quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock worth $2,683,659,000 after buying an additional 345,524 shares in the last quarter. Pictet Asset Management Holding SA grew its position in shares of HubSpot by 32.7% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker’s stock worth $776,714,000 after buying an additional 476,740 shares in the last quarter. State Street Corp grew its position in shares of HubSpot by 1.9% during the third quarter. State Street Corp now owns 1,148,895 shares of the software maker’s stock worth $537,453,000 after buying an additional 21,358 shares in the last quarter. Geode Capital Management LLC grew its position in shares of HubSpot by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock worth $388,917,000 after buying an additional 14,159 shares in the last quarter. Finally, Capital World Investors acquired a new stake in shares of HubSpot during the fourth quarter worth approximately $259,930,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insider Buying and Selling

In related news, CEO Yamini Rangan bought 2,750 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average cost of $189.84 per share, for a total transaction 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 represents a 2.74% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Erika Ashley Fisher sold 915 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $236.66, for a total value of $216,543.90. Following the completion of the sale, the insider 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 SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders purchased 14,063 shares of company stock valued at $2,585,781 and sold 26,207 shares valued at $6,233,049. 3.70% of the stock is owned by corporate insiders.

HubSpot Stock Performance

HUBS stock opened at $207.96 on Tuesday. The stock has a market capitalization of $10.65 billion, a price-to-earnings ratio of 108.88, a PEG ratio of 2.33 and a beta of 1.22. HubSpot, Inc. has a 1 year low of $173.25 and a 1 year high of $610.61. The stock’s fifty day moving average is $217.97 and its two-hundred day moving average is $281.97.

HubSpot (NYSE:HUBS) last posted its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. The company had revenue of $881.00 million for the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period last year, the business posted $1.84 earnings per share. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. As a group, analysts predict that HubSpot, Inc. will post 4.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on HUBS. Bank of America restated an “underperform” rating and set a $180.00 price objective (down from $300.00) on shares of HubSpot in a research note on Friday, May 8th. Citigroup cut HubSpot from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $321.00 to $230.00 in a research note on Friday, May 8th. BNP Paribas Exane cut HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 price objective on the stock. in a research note on Monday, May 11th. UBS Group reduced their price objective on HubSpot from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Finally, Zacks Research cut HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Twenty-two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $311.00.

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.