Jupiter Asset Management Ltd. Sells 2,949 Shares of HubSpot, Inc. $HUBS

Jupiter Asset Management Ltd. lessened its holdings in HubSpot, Inc. (NYSE:HUBS) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 65,665 shares of the software maker’s stock after selling 2,949 shares during the quarter. Jupiter Asset Management Ltd. owned approximately 0.13% of HubSpot worth $26,351,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Fifth Third Bancorp boosted its stake in shares of HubSpot by 2.5% in the 3rd quarter. Fifth Third Bancorp now owns 1,076 shares of the software maker’s stock valued at $503,000 after purchasing an additional 26 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its stake 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 valued at $244,000 after purchasing an additional 28 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of HubSpot by 9.1% in the 3rd quarter. Bessemer Group Inc. now owns 335 shares of the software maker’s stock valued at $156,000 after purchasing an additional 28 shares during the last quarter. National Bank of Canada FI boosted its stake 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 valued at $177,000 after purchasing an additional 30 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its stake 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 valued at $33,000 after purchasing an additional 33 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

HubSpot Price Performance

Shares of NYSE:HUBS opened at $221.08 on Friday. The company has a market capitalization of $11.32 billion, a price-to-earnings ratio of 115.75, a P/E/G ratio of 2.18 and a beta of 1.23. The firm’s 50 day simple moving average is $220.76 and its 200 day simple moving average is $289.33. HubSpot, Inc. has a fifty-two week low of $173.25 and a fifty-two week high of $621.16.

HubSpot (NYSE:HUBS) last announced its earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, topping the consensus estimate of $2.47 by $0.25. The firm had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The business’s quarterly revenue was up 23.4% on a year-over-year basis. During the same period last year, the company posted $1.84 EPS. 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 research analysts expect that HubSpot, Inc. will post 4.39 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on HUBS shares. JPMorgan Chase & Co. reduced their target price on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. UBS Group cut their price target on shares of HubSpot from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Morgan Stanley cut their price target on shares of HubSpot from $405.00 to $350.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Royal Bank Of Canada cut their price target on shares of HubSpot from $400.00 to $350.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $250.00 price target on shares of HubSpot in a research report on Friday, May 8th. Twenty-two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $311.00.

Insider Activity

In related news, Director Lorrie M. Norrington bought 1,313 shares of the company’s stock in a transaction on Monday, May 11th. The shares were purchased at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the acquisition, the director owned 2,838 shares of the company’s stock, valued at approximately $540,411.96. This represents a 86.10% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Yamini Rangan bought 2,750 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of $189.84 per share, for a total transaction of $522,060.00. Following the completion of the acquisition, the chief executive officer directly owned 102,982 shares in the company, valued at approximately $19,550,102.88. This trade represents a 2.74% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders acquired 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $6,233,049. Corporate insiders own 4.00% 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.