Ieq Capital LLC Acquires New Shares in HubSpot, Inc. $HUBS

Ieq Capital LLC acquired a new position in shares of HubSpot, Inc. (NYSE:HUBS) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 40,646 shares of the software maker’s stock, valued at approximately $7,418,000.

A number of other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in shares of HubSpot by 1.5% in the 4th 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. Assenagon Asset Management S.A. increased its holdings in HubSpot by 135.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker’s stock valued at $41,397,000 after acquiring an additional 130,433 shares in the last quarter. Havemeyer Place LP purchased a new position in HubSpot during the 4th quarter valued at about $2,044,000. Forsta AP Fonden raised its position in HubSpot by 28.2% during the fourth quarter. Forsta AP Fonden now owns 24,620 shares of the software maker’s stock worth $9,880,000 after acquiring an additional 5,420 shares during the last quarter. Finally, Danica Pension Livsforsikringsaktieselskab raised its position in HubSpot by 20.0% during the fourth quarter. Danica Pension Livsforsikringsaktieselskab now owns 255,923 shares of the software maker’s stock worth $102,702,000 after acquiring an additional 42,718 shares during the last quarter. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on HUBS. TD Cowen lowered their price target on shares of HubSpot from $250.00 to $220.00 and set a “hold” rating on the stock in a research report on Thursday, August 6th. Cantor Fitzgerald restated a “neutral” rating and set a $200.00 price objective on shares of HubSpot in a research report on Thursday, August 6th. William Blair lowered HubSpot from an “outperform” rating to a “market perform” rating in a research note on Friday, May 8th. Evercore set a $225.00 target price on HubSpot in a report on Friday, May 8th. Finally, BNP Paribas Exane downgraded HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 price target for the company. in a research report on Monday, May 11th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $268.90.

Insiders Place Their Bets

In related news, insider Erika Ashley Fisher sold 702 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total value of $165,124.44. Following the completion of the transaction, the insider directly owned 14,581 shares in the company, valued at approximately $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total value of $1,879,265.00. Following the transaction, the director owned 85,000 shares in the company, valued at $18,792,650. This trade represents a 9.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 26,202 shares of company stock valued at $5,477,709 in the last quarter. 3.70% of the stock is currently owned by company insiders.

HubSpot Price Performance

HubSpot stock opened at $240.26 on Monday. The stock has a market capitalization of $11.98 billion, a P/E ratio of 84.90, a P/E/G ratio of 2.46 and a beta of 1.19. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $525.51. The firm’s 50-day moving average is $209.65 and its two-hundred day moving average is $223.34.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, beating 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 business had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. During the same quarter in the prior year, the firm posted $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. As a group, analysts forecast 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.