Victory Capital Management Inc. Sells 17,836 Shares of HubSpot, Inc. $HUBS

Victory Capital Management Inc. cut its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 17.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 81,649 shares of the software maker’s stock after selling 17,836 shares during the quarter. Victory Capital Management Inc.’s holdings in HubSpot were worth $38,195,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of HUBS. Fifth Third Bancorp increased its position in HubSpot by 2.5% during the third quarter. Fifth Third Bancorp now owns 1,076 shares of the software maker’s stock worth $503,000 after acquiring an additional 26 shares during the period. First Horizon Advisors Inc. boosted its holdings in HubSpot by 4.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 597 shares of the software maker’s stock valued at $332,000 after purchasing an additional 27 shares during the period. Insigneo Advisory Services LLC boosted its holdings in HubSpot by 6.3% in the 2nd quarter. Insigneo Advisory Services LLC now owns 470 shares of the software maker’s stock valued at $262,000 after purchasing an additional 28 shares during the period. GPS Wealth Strategies Group LLC grew its position in HubSpot by 5.7% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 522 shares of the software maker’s stock worth $244,000 after purchasing an additional 28 shares during the last quarter. Finally, Bessemer Group Inc. grew its position in HubSpot by 9.1% in the 3rd quarter. Bessemer Group Inc. now owns 335 shares of the software maker’s stock worth $156,000 after purchasing an additional 28 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Piper Sandler cut their price objective on shares of HubSpot from $400.00 to $280.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Cantor Fitzgerald lifted their target price on HubSpot from $280.00 to $325.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. Wall Street Zen upgraded HubSpot from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of HubSpot in a report on Thursday, February 12th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of HubSpot in a research report on Friday, January 9th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, HubSpot presently has a consensus rating of “Moderate Buy” and a consensus price target of $454.20.

HubSpot Stock Performance

Shares of HubSpot stock opened at $296.27 on Friday. The firm has a market cap of $15.63 billion, a P/E ratio of 340.54, a price-to-earnings-growth ratio of 4.42 and a beta of 1.40. The firm’s 50-day simple moving average is $298.56 and its 200-day simple moving average is $389.51. HubSpot, Inc. has a twelve month low of $207.20 and a twelve month high of $682.57.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, February 11th. The software maker reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.10. The firm had revenue of $846.75 million during the quarter, compared to analysts’ expectations of $830.65 million. HubSpot had a net margin of 1.47% and a return on equity of 3.64%. The company’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.32 earnings per share. On average, equities analysts forecast that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Key HubSpot News

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q4/earnings momentum: Analysts and sector write-ups highlight HubSpot’s strong Q4 results and positioning in sales software, reinforcing confidence in near‑term revenue and execution. Sales Software Stocks Q4 Earnings: HubSpot (HUBS) Firing on All Cylinders
• Positive Sentiment: Analyst upgrades & bullish notes: Recent analyst upgrades and positive comments (including Cantor Fitzgerald coverage) have driven renewed buying interest and helped lift the stock. HubSpot (NYSE:HUBS) Trading Up 3.7% Following Analyst Upgrade
• Positive Sentiment: Inclusion on buy/idea lists: Multiple outlets and ranking services (Zacks, sector idea pieces) list HubSpot among software names to own as the sector shows signs of recovery—supporting investor sentiment. The Software Recovery Already Started: 5 Stocks to Buy Now
• Positive Sentiment: Partner momentum: A top HubSpot implementation partner (Wendt Partners) earned a Manufacturing Industry Specialist badge — a sign HubSpot’s partner ecosystem is expanding in verticals that can drive new customer adoption. Wendt Partners Recognized as a Top HubSpot Partner for Manufacturing Companies
• Neutral Sentiment: AI product push: HubSpot is accelerating AI capabilities (Clearbit integration, generative tools and cheaper tiers) that could expand addressable market but may take time to materially move revenue. This is constructive long‑term but mixed for near‑term expectations. HubSpot’s AI Shift With Clearbit Puts Growth And Partner Risks In Focus
• Neutral Sentiment: Modest fair‑value tweak amid mixed analyst views: One update nudged fair value slightly higher, but Street research remains mixed with offsets from both raises and deep cuts — keeps price targets dispersed. How The HubSpot (HUBS) Investment Story Is Shifting As Analyst Views Rebalance
• Negative Sentiment: Analyst divergence & valuation risk: While many notes are positive, some analysts are materially cutting targets as they reassess growth and multiples—introducing downside risk if execution slips or macro headwinds persist. How The HubSpot (HUBS) Investment Story Is Shifting As Analyst Views Rebalance

Insider Activity at HubSpot

In related news, insider Erika Ashley Fisher sold 841 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $238.01, for a total value of $200,166.41. Following the sale, the insider owned 10,119 shares of the company’s stock, valued at $2,408,423.19. The trade was a 7.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $303.38, for a total value of $2,578,730.00. Following the completion of the sale, the director directly owned 487,344 shares in the company, valued at approximately $147,850,422.72. This represents a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 26,691 shares of company stock valued at $8,136,702 in the last 90 days. 4.00% of the stock is owned by corporate insiders.

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.