HubSpot, Inc. $HUBS Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC reduced its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 99.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,875 shares of the software maker’s stock after selling 857,942 shares during the period. Janus Henderson Group PLC’s holdings in HubSpot were worth $1,434,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Rakuten Securities Inc. grew its holdings in HubSpot by 783.3% in the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after purchasing an additional 47 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in shares of HubSpot during the 3rd quarter worth about $25,000. Osterweis Capital Management Inc. acquired a new stake in HubSpot during the 2nd quarter worth approximately $34,000. Cary Street Partners Investment Advisory LLC purchased a new position in HubSpot in the fourth quarter valued at approximately $33,000. Finally, Larson Financial Group LLC lifted its position in HubSpot by 378.9% during the fourth quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock valued at $37,000 after buying an additional 72 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

HubSpot News Roundup

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot’s second-quarter results exceeded expectations: adjusted EPS was $3.26 versus the $3.02 consensus, while revenue reached $911.7 million, up 19.8% year over year and ahead of estimates. Customer additions, subscription growth and demand for AI-powered CRM tools supported the quarter. HubSpot Q2 Earnings Beat Estimates
• Positive Sentiment: KeyCorp retained an “overweight” rating with a $285 target, and BTIG maintained a “buy” rating with a $250 target. These analysts see substantial upside if HubSpot converts its AI investments into sustained growth and margin expansion.
• Neutral Sentiment: Management is expanding AI product trials and lowering entry prices to accelerate adoption. The initiatives could strengthen long-term demand, but longer sales cycles and tighter customer software budgets are creating near-term pressure. HUBS Q2 Earnings Call Highlights
• Neutral Sentiment: Jerry Dischler, an experienced AI and digital advertising executive, joined HubSpot’s board, potentially adding strategic expertise as the company develops its AI platform. A director’s sale of 702 shares was relatively small but adds limited insider-selling noise.
• Negative Sentiment: Third-quarter revenue guidance of approximately $924 million-$925 million was below the $941.2 million analyst consensus. The shortfall overshadowed the earnings beat and fueled fears that HubSpot’s growth is slowing as customers delay or scrutinize technology purchases. HubSpot Guidance Report
• Negative Sentiment: Analysts including Stifel, TD Cowen and Piper Sandler downgraded or lowered price targets, citing slower net additions, execution risks and a transition from a premium growth valuation toward a more value-oriented profile.
• Negative Sentiment: Block & Leviton announced an investigation into possible securities-law violations following the sharp decline. The announcement creates headline and legal risk, although it does not establish wrongdoing by HubSpot. HubSpot Investigation Announcement

Wall Street Analyst Weigh In

A number of brokerages have recently commented on HUBS. Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 target price on shares of HubSpot in a research note on Thursday. TD Cowen decreased their price target on shares of HubSpot from $250.00 to $220.00 and set a “hold” rating for the company in a research report on Thursday. BMO Capital Markets lowered HubSpot from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $230.00 to $215.00 in a research report on Thursday. Jefferies Financial Group restated a “buy” rating and set a $250.00 price objective on shares of HubSpot in a research note on Friday, May 8th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of HubSpot in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $268.90.

HubSpot Stock Down 0.2%

Shares of NYSE:HUBS opened at $209.96 on Monday. The company’s 50-day moving average price is $206.74 and its 200 day moving average price is $228.78. The company has a market cap of $10.47 billion, a PE ratio of 74.19, a P/E/G ratio of 2.22 and a beta of 1.19. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $525.51.

HubSpot (NYSE:HUBS) last posted its earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping the consensus estimate of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm had revenue of $911.74 million during the quarter, compared to analysts’ expectations of $898.31 million. During the same quarter in the prior year, the firm earned $2.19 EPS. HubSpot’s quarterly revenue was up 19.8% on a year-over-year basis. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. As a group, equities analysts anticipate that HubSpot, Inc. will post 4.41 EPS for the current year.

Insiders Place Their Bets

In other HubSpot news, CTO Dharmesh Shah bought 10,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were purchased at an average cost of $181.37 per share, for a total transaction of $1,813,700.00. Following the transaction, the chief technology officer directly owned 1,295,400 shares in the company, valued at $234,946,698. The trade was a 0.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Erika Ashley Fisher sold 702 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the completion of the sale, the insider owned 14,581 shares in the company, valued at approximately $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 26,202 shares of company stock valued at $5,481,959. 3.70% of the stock is owned by corporate insiders.

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.