Eventide Asset Management LLC Buys 3,648 Shares of HubSpot, Inc. $HUBS

Eventide Asset Management LLC grew its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 4.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 89,921 shares of the software maker’s stock after acquiring an additional 3,648 shares during the period. Eventide Asset Management LLC owned about 0.17% of HubSpot worth $36,093,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of HUBS. Capital World Investors bought a new position in shares of HubSpot during the 4th quarter valued at approximately $259,930,000. Pictet Asset Management Holding SA grew its position in shares of HubSpot by 32.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker’s stock valued at $776,714,000 after acquiring an additional 476,740 shares during the period. Alyeska Investment Group L.P. boosted its holdings in HubSpot by 408.1% in the 4th quarter. Alyeska Investment Group L.P. now owns 560,088 shares of the software maker’s stock worth $224,763,000 after buying an additional 449,864 shares during the period. Norges Bank bought a new position in HubSpot in the 4th quarter worth approximately $156,743,000. Finally, Vanguard Group Inc. boosted its holdings in HubSpot by 6.4% in the 3rd 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 during the period. 90.39% of the stock is owned by institutional investors.

HubSpot Price Performance

NYSE HUBS opened at $187.83 on Friday. HubSpot, Inc. has a 1 year low of $173.25 and a 1 year high of $568.16. The stock has a market capitalization of $9.62 billion, a PE ratio of 98.34, a P/E/G ratio of 2.06 and a beta of 1.21. The company’s 50 day simple moving average is $214.15 and its two-hundred day simple moving average is $277.85.

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, 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 business had revenue of $881.00 million for the quarter, compared to analysts’ expectations of $863.32 million. During the same period in the prior year, the company posted $1.84 EPS. The business’s revenue for the quarter was up 23.4% compared to the same quarter last year. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. On average, research analysts anticipate that HubSpot, Inc. will post 4.39 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on HUBS. Sanford C. Bernstein set a $381.00 price objective on shares of HubSpot in a report on Friday, May 8th. Wells Fargo & Company cut their price objective on shares of HubSpot from $350.00 to $300.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Canaccord Genuity Group set a $335.00 price objective on shares of HubSpot in a report on Friday, May 8th. Evercore set a $225.00 price objective on shares of HubSpot in a report on Friday, May 8th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $250.00 price objective on shares of HubSpot in a report on Friday, May 8th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $311.00.

Insiders Place Their Bets

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $220.00, for a total value of $1,870,000.00. Following the sale, the director directly owned 353,500 shares in the company, valued at $77,770,000. This represents a 2.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Lorrie M. Norrington bought 1,313 shares of the stock in a transaction on Monday, May 11th. The stock was purchased at an average price of $190.42 per share, for a total transaction of $250,021.46. Following the completion of the purchase, the director directly owned 2,838 shares in the company, valued at approximately $540,411.96. This represents a 86.10% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders bought 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $6,233,049. 3.70% of the stock is owned by company insiders.

About HubSpot

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.