Employees Retirement System of Texas Sells 141,382 Shares of HubSpot, Inc. $HUBS

Employees Retirement System of Texas decreased its position in HubSpot, Inc. (NYSE:HUBS) by 99.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 465 shares of the software maker’s stock after selling 141,382 shares during the quarter. Employees Retirement System of Texas’ holdings in HubSpot were worth $187,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Fifth Third Bancorp increased its stake in HubSpot by 2.5% in the 3rd 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 last quarter. GPS Wealth Strategies Group LLC boosted its holdings in shares of 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 period. Bessemer Group Inc. boosted its holdings in shares of 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 period. National Bank of Canada FI boosted its holdings in shares of HubSpot by 8.6% in the 3rd quarter. National Bank of Canada FI now owns 379 shares of the software maker’s stock worth $177,000 after purchasing an additional 30 shares during the period. Finally, Westside Investment Management Inc. boosted its holdings in shares of HubSpot by 80.5% in the 3rd quarter. Westside Investment Management Inc. now owns 74 shares of the software maker’s stock worth $33,000 after purchasing an additional 33 shares during the period. Institutional investors own 90.39% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on HUBS shares. Stifel Nicolaus set a $275.00 target price on HubSpot in a report on Friday, May 8th. Sanford C. Bernstein set a $381.00 target price on HubSpot in a report on Friday, May 8th. Oppenheimer dropped their target price on HubSpot from $550.00 to $350.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. BMO Capital Markets dropped their target price on HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a report on Friday, May 8th. Finally, William Blair cut HubSpot from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Twenty-two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, HubSpot has a consensus rating of “Moderate Buy” and an average price target of $311.00.

HubSpot Trading Down 1.4%

Shares of HUBS stock opened at $197.95 on Friday. HubSpot, Inc. has a twelve month low of $173.25 and a twelve month high of $621.16. The stock has a market capitalization of $10.14 billion, a price-to-earnings ratio of 103.64, a P/E/G ratio of 2.20 and a beta of 1.23. The stock has a fifty day simple moving average of $221.58 and a two-hundred day simple moving average of $289.82.

HubSpot (NYSE:HUBS) last issued its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The business had revenue of $881.00 million during the quarter, compared to analysts’ expectations of $863.32 million. During the same period in the prior year, the business earned $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. Research analysts predict that HubSpot, Inc. will post 4.39 EPS for the current fiscal year.

Insider Transactions at HubSpot

In related news, CTO Dharmesh Shah purchased 10,000 shares of HubSpot stock in a transaction dated Tuesday, May 12th. The stock was purchased at an average cost of $181.37 per share, with a total value of $1,813,700.00. Following the transaction, the chief technology officer owned 1,295,400 shares in the company, valued at approximately $234,946,698. The trade was a 0.78% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Brian Halligan sold 8,500 shares of the business’s 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 completion of the transaction, the director directly owned 353,500 shares of the company’s stock, valued at approximately $77,770,000. The trade was a 2.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders purchased 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $6,233,049. 4.00% of the stock is currently owned by insiders.

HubSpot Company 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.