Brian Halligan Sells 8,500 Shares of HubSpot (NYSE:HUBS) Stock

HubSpot, Inc. (NYSE:HUBS) Director Brian Halligan sold 8,500 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $219.50, for a total value of $1,865,750.00. Following the sale, the director owned 76,500 shares of the company’s stock, valued at $16,791,750. This represents a 10.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Brian Halligan also recently made the following trade(s):

• On Tuesday, July 21st, Brian Halligan sold 8,500 shares of HubSpot stock. The shares were sold at an average price of $221.09, for a total value of $1,879,265.00.
• On Tuesday, June 16th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $184.42, for a total value of $1,567,570.00.

HubSpot Stock Down 1.2%

HUBS stock traded down $2.91 during midday trading on Thursday, hitting $238.74. The company’s stock had a trading volume of 960,965 shares, compared to its average volume of 1,833,823. HubSpot, Inc. has a 12 month low of $169.63 and a 12 month high of $525.51. The firm has a market capitalization of $11.91 billion, a price-to-earnings ratio of 84.36, a price-to-earnings-growth ratio of 2.31 and a beta of 1.19. The company has a 50 day moving average of $207.56 and a two-hundred day moving average of $223.86.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $898.31 million. During the same quarter last year, the business posted $2.19 earnings per share. The company’s revenue for the quarter was up 19.8% compared to the same quarter last year. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, analysts anticipate that HubSpot, Inc. will post 4.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Zacks Research downgraded shares of HubSpot from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. TD Cowen reduced their target price on HubSpot from $250.00 to $220.00 and set a “hold” rating on the stock in a report on Thursday, August 6th. Mizuho decreased their target price on HubSpot from $300.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. JPMorgan Chase & Co. dropped their price target on HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Finally, UBS Group set a $287.00 price target on HubSpot in a report on Thursday, August 6th. Fifteen equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, HubSpot currently has an average rating of “Hold” and an average price target of $268.90.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Turning Point Benefit Group Inc. purchased a new stake in HubSpot during the third quarter valued at approximately $25,000. Rakuten Securities Inc. grew its holdings in HubSpot by 783.3% during the 2nd 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 last quarter. Cary Street Partners Investment Advisory LLC bought a new position in HubSpot during the 4th quarter valued at about $33,000. Osterweis Capital Management Inc. purchased a new stake in HubSpot in the 2nd quarter worth about $34,000. Finally, Larson Financial Group LLC raised its position in HubSpot by 378.9% in the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock worth $37,000 after purchasing an additional 72 shares during the period. Institutional investors own 90.39% of the company’s stock.

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.