Saxon Interests Inc. Acquires New Position in HubSpot, Inc. $HUBS

Saxon Interests Inc. acquired a new stake in HubSpot, Inc. (NYSE:HUBSFree Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,977 shares of the software maker’s stock, valued at approximately $727,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Strategic Advocates LLC acquired a new stake in shares of HubSpot in the 3rd quarter valued at approximately $25,000. Turning Point Benefit Group Inc. purchased a new position in HubSpot in the third quarter worth $25,000. Rakuten Securities Inc. raised its position in HubSpot by 783.3% in the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after acquiring an additional 47 shares in the last quarter. Cary Street Partners Investment Advisory LLC acquired a new stake in HubSpot in the fourth quarter valued at $33,000. Finally, Osterweis Capital Management Inc. acquired a new stake in HubSpot in the second quarter valued at $34,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HUBS shares. William Blair cut shares of HubSpot from an “outperform” rating to a “market perform” rating in a research note on Friday, May 8th. Citigroup downgraded shares of HubSpot from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $321.00 to $230.00 in a report on Friday, May 8th. Bank of America restated an “underperform” rating and set a $180.00 target price (down from $300.00) on shares of HubSpot in a research report on Friday, May 8th. Wall Street Zen cut shares of HubSpot from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Zacks Research downgraded shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Twenty-one equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, HubSpot has an average rating of “Moderate Buy” and a consensus target price of $311.00.

Get Our Latest Research Report on HUBS

Insider Buying and Selling at HubSpot

In related news, insider Erika Ashley Fisher sold 915 shares of HubSpot stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $236.66, for a total transaction of $216,543.90. Following the completion of the transaction, the insider directly owned 16,270 shares in the company, valued at $3,850,458.20. The trade was a 5.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $184.42, for a total value of $1,567,570.00. Following the sale, the director owned 93,500 shares in the company, valued at approximately $17,243,270. This trade represents a 8.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders bought 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $5,567,244. Company insiders own 3.70% of the company’s stock.

HubSpot Stock Up 6.1%

NYSE:HUBS opened at $205.58 on Wednesday. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $568.16. The stock has a fifty day simple moving average of $200.84 and a 200-day simple moving average of $254.25. The company has a market capitalization of $10.53 billion, a PE ratio of 107.64, a price-to-earnings-growth ratio of 2.12 and a beta of 1.22.

HubSpot (NYSE:HUBSGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. The firm had revenue of $881.00 million for the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The firm’s revenue was up 23.4% on a year-over-year basis. During the same period in the prior year, the company earned $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. As a group, equities analysts anticipate that HubSpot, Inc. will post 4.39 earnings per share for the current year.

HubSpot Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for HubSpot (NYSE:HUBS)

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