HubSpot (NYSE:HUBS) Director Sells $2,036,345.00 in Stock

HubSpot, Inc. (NYSE:HUBS) Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the completion of the transaction, the director directly owned 59,500 shares in the company, valued at approximately $14,254,415. This represents a 12.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, September 15th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $245.64, for a total value of $2,087,940.00.
• On Tuesday, August 18th, Brian Halligan sold 8,500 shares of HubSpot stock. The shares were sold at an average price of $219.50, for a total value of $1,865,750.00.

HubSpot Stock Up 1.5%

NYSE:HUBS opened at $271.30 on Friday. The firm has a market capitalization of $13.53 billion, a PE ratio of 95.86, a price-to-earnings-growth ratio of 2.76 and a beta of 1.24. HubSpot, Inc. has a twelve month low of $169.63 and a twelve month high of $497.96. The stock’s 50-day simple moving average is $233.33 and its 200 day simple moving average is $218.20.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 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 business had revenue of $911.74 million during the quarter, compared to the consensus estimate of $898.31 million. During the same quarter in the prior year, the firm earned $2.19 EPS. The firm’s revenue 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 4.63 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HUBS. Wells Fargo & Company lowered HubSpot from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 6th. Stifel Nicolaus boosted their target price on shares of HubSpot from $200.00 to $225.00 and gave the company a “hold” rating in a research report on Friday, September 11th. Barclays cut shares of HubSpot from an “overweight” rating to an “equal weight” rating and set a $240.00 price target for the company. in a report on Monday, October 12th. William Blair reissued a “market perform” rating on shares of HubSpot in a research report on Tuesday, October 6th. Finally, Canaccord Genuity Group decreased their target price on HubSpot from $335.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $266.58.

Institutional Investors Weigh In On HubSpot

Several large investors have recently made changes to their positions in the business. Elevation Wealth Partners LLC grew its holdings in HubSpot by 66.7% during the third quarter. Elevation Wealth Partners LLC now owns 175 shares of the software maker’s stock valued at $36,000 after purchasing an additional 70 shares during the period. Global Retirement Partners LLC bought a new position in shares of HubSpot during the 2nd quarter worth $38,000. Oslo Pensjonsforsikring AS purchased a new stake in HubSpot during the first quarter valued at about $74,000. CX Institutional raised its position in shares of HubSpot by 4,785.7% in the second quarter. CX Institutional now owns 342 shares of the software maker’s stock valued at $62,000 after purchasing an additional 335 shares during the period. Finally, Westfuller Advisors LLC raised its position in shares of HubSpot by 57.0% in the first quarter. Westfuller Advisors LLC now owns 347 shares of the software maker’s stock valued at $85,000 after purchasing an additional 126 shares during the period. 90.39% of the stock is owned by hedge funds and other institutional investors.

About HubSpot

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.