HubSpot, Inc. $HUBS Shares Acquired by Spyglass Capital Management LLC

Spyglass Capital Management LLC boosted its holdings in HubSpot, Inc. (NYSE:HUBS) by 18.5% in the 1st quarter, Holdings Channel reports. The firm owned 313,922 shares of the software maker’s stock after purchasing an additional 48,993 shares during the period. HubSpot accounts for about 5.4% of Spyglass Capital Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Spyglass Capital Management LLC’s holdings in HubSpot were worth $76,628,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Turning Point Benefit Group Inc. purchased a new stake in shares of HubSpot in the third quarter valued at about $25,000. Rakuten Securities Inc. grew its holdings in shares of HubSpot by 783.3% during the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after buying an additional 47 shares during the last quarter. Cary Street Partners Investment Advisory LLC purchased a new position in shares of HubSpot during the fourth quarter worth about $33,000. Osterweis Capital Management Inc. acquired a new position in HubSpot in the 2nd quarter valued at about $34,000. Finally, Larson Financial Group LLC raised its stake in HubSpot by 378.9% during the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock valued at $37,000 after acquiring an additional 72 shares during the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at HubSpot

In related news, Director Lorrie M. Norrington acquired 1,313 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was bought at an average price of $190.42 per share, with a total value of $250,021.46. Following the purchase, the director directly owned 2,838 shares in the company, valued at $540,411.96. The trade was a 86.10% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Erika Ashley Fisher sold 915 shares of HubSpot stock in a transaction on Monday, May 4th. The shares were sold at an average price of $236.66, for a total transaction of $216,543.90. Following the completion of the transaction, the insider owned 16,270 shares in the company, valued at approximately $3,850,458.20. This trade represents a 5.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders acquired 14,063 shares of company stock valued at $2,585,781 and sold 26,415 shares valued at $5,533,379. 3.70% of the stock is owned by company insiders.

HubSpot Stock Up 7.0%

NYSE:HUBS opened at $238.55 on Wednesday. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $566.01. The stock has a fifty day simple moving average of $201.75 and a 200-day simple moving average of $235.14. The company has a market capitalization of $12.22 billion, a PE ratio of 124.90, a price-to-earnings-growth ratio of 2.44 and a beta of 1.22.

HubSpot (NYSE:HUBS) last announced 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. The firm had revenue of $881.00 million for the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.HubSpot’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the firm 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.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on HUBS shares. Evercore set a $225.00 price target on HubSpot in a report on Friday, May 8th. Zacks Research upgraded shares of HubSpot from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Citigroup restated a “neutral” rating on shares of HubSpot in a research note on Friday. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $382.00 target price on shares of HubSpot in a report on Friday, May 8th. Finally, Wall Street Zen cut shares of HubSpot from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, HubSpot currently has an average rating of “Moderate Buy” and a consensus target price of $307.86.

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.