HubSpot (NYSE:HUBS) Director Lorrie Norrington Purchases 1,313 Shares

HubSpot, Inc. (NYSE:HUBS) Director Lorrie Norrington acquired 1,313 shares of the business’s stock in a transaction on Monday, May 11th. The shares were bought at an average price of $190.42 per share, for a total transaction of $250,021.46. Following the acquisition, the director owned 2,838 shares in the company, valued at approximately $540,411.96. This trade represents a 86.10% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

HubSpot Price Performance

NYSE HUBS traded down $11.65 on Tuesday, hitting $179.69. 2,715,386 shares of the company were exchanged, compared to its average volume of 1,730,786. The company’s 50 day moving average price is $241.09 and its 200-day moving average price is $314.12. The firm has a market capitalization of $9.20 billion, a P/E ratio of 94.08, a price-to-earnings-growth ratio of 2.69 and a beta of 1.23. HubSpot, Inc. has a twelve month low of $178.80 and a twelve month high of $682.57.

HubSpot (NYSE:HUBS) last released its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The company had revenue of $881.00 million for the quarter, compared to analysts’ expectations of $863.32 million. During the same quarter in the previous year, the business posted $1.84 EPS. The business’s revenue for the quarter was up 23.4% on a year-over-year basis. 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 expect that HubSpot, Inc. will post 3.66 EPS for the current year.

Hedge Funds Weigh In On HubSpot

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HUBS. Empowered Funds LLC grew its holdings in HubSpot by 88.5% during the first quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after purchasing an additional 737 shares during the last quarter. NewEdge Advisors LLC grew its holdings in HubSpot by 12.1% during the second quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock valued at $2,665,000 after purchasing an additional 516 shares during the last quarter. Treasurer of the State of North Carolina grew its holdings in HubSpot by 4.7% during the second quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock valued at $13,222,000 after purchasing an additional 1,077 shares during the last quarter. Osterweis Capital Management Inc. acquired a new position in HubSpot during the second quarter valued at approximately $34,000. Finally, Alliancebernstein L.P. grew its holdings in HubSpot by 35.0% during the second quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock valued at $209,335,000 after purchasing an additional 97,469 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

HUBS has been the topic of several research analyst reports. William Blair cut HubSpot from an “outperform” rating to a “market perform” rating in a research note on Friday. Bank of America reissued an “underperform” rating and issued a $180.00 price target (down from $300.00) on shares of HubSpot in a research note on Friday. Mizuho dropped their price objective on HubSpot from $300.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday. Wall Street Zen downgraded HubSpot from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 19th. Finally, Barclays dropped their price objective on HubSpot from $300.00 to $270.00 and set an “overweight” rating on the stock in a report on Monday. Twenty-two analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, HubSpot presently has a consensus rating of “Moderate Buy” and an average price target of $311.00.

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.