Insider Selling: HubSpot (NYSE:HUBS) Director Sells 8,500 Shares of Stock

HubSpot, Inc. (NYSE:HUBS) Director Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, May 19th. The stock was 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 of the company’s stock, valued at approximately $77,770,000. This represents a 2.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Brian Halligan also recently made the following trade(s):

• On Tuesday, April 21st, Brian Halligan sold 8,292 shares of HubSpot stock. The shares were sold at an average price of $230.72, for a total value of $1,913,130.24.
• On Tuesday, March 17th, Brian Halligan sold 8,500 shares of HubSpot stock. The shares were sold at an average price of $262.75, for a total value of $2,233,375.00.

HubSpot Stock Performance

HubSpot stock traded down $4.41 during midday trading on Thursday, reaching $198.98. The company’s stock had a trading volume of 1,729,546 shares, compared to its average volume of 1,757,059. HubSpot, Inc. has a fifty-two week low of $173.25 and a fifty-two week high of $632.39. The stock’s 50 day simple moving average is $229.18 and its 200 day simple moving average is $300.48. The firm has a market capitalization of $10.19 billion, a PE ratio of 104.18, a P/E/G ratio of 2.25 and a beta of 1.23.

HubSpot (NYSE:HUBS) last released its earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The company had revenue of $881.00 million during the quarter, compared to the consensus estimate of $863.32 million. During the same quarter last year, the company earned $1.84 earnings per share. HubSpot’s quarterly revenue 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. Equities analysts predict that HubSpot, Inc. will post 4.44 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on HUBS shares. Zacks Research downgraded HubSpot from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Canaccord Genuity Group set a $335.00 target price on HubSpot in a report on Friday, May 8th. KeyCorp reduced their target price on HubSpot from $340.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Wells Fargo & Company reduced their target price on HubSpot from $350.00 to $300.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. dropped their price target on HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Twenty-two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, HubSpot presently has a consensus rating of “Moderate Buy” and an average price target of $311.00.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HUBS. Empowered Funds LLC grew its holdings in HubSpot by 88.5% in the 1st quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after buying an additional 737 shares during the period. NewEdge Advisors LLC grew its holdings in HubSpot by 12.1% in the 2nd quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock valued at $2,665,000 after buying an additional 516 shares during the period. Treasurer of the State of North Carolina grew its holdings in HubSpot by 4.7% in the 2nd quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock valued at $13,222,000 after buying an additional 1,077 shares during the period. Osterweis Capital Management Inc. purchased a new stake in HubSpot in the 2nd quarter valued at about $34,000. Finally, Alliancebernstein L.P. lifted its stake in shares of HubSpot by 35.0% in the 2nd quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock valued at $209,335,000 after purchasing an additional 97,469 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

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.