ExodusPoint Capital Management LP Acquires Shares of 49,194 HubSpot, Inc. $HUBS

ExodusPoint Capital Management LP acquired a new stake in shares of HubSpot, Inc. (NYSE:HUBS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 49,194 shares of the software maker’s stock, valued at approximately $19,742,000.

A number of other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in HubSpot by 6.4% during the 3rd quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock valued at $2,683,659,000 after purchasing an additional 345,524 shares in the last quarter. Pictet Asset Management Holding SA grew its stake in HubSpot by 32.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker’s stock valued at $776,714,000 after purchasing an additional 476,740 shares in the last quarter. State Street Corp grew its stake in HubSpot by 3.7% during the 4th quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after purchasing an additional 42,948 shares in the last quarter. Geode Capital Management LLC grew its stake in HubSpot by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock valued at $388,917,000 after purchasing an additional 14,159 shares in the last quarter. Finally, Capital World Investors acquired a new stake in HubSpot during the 4th quarter valued at approximately $259,930,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

HUBS has been the subject of a number of recent analyst reports. KeyCorp lowered their price objective on HubSpot from $340.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Morgan Stanley lowered their price objective on HubSpot from $405.00 to $350.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Mizuho reduced their target price on HubSpot from $300.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Wells Fargo & Company reduced their target price on HubSpot from $350.00 to $300.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Finally, Canaccord Genuity Group set a $335.00 target price on HubSpot in a report on Friday, May 8th. Twenty-two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, HubSpot currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.00.

Insiders Place Their Bets

In related news, Director Lorrie M. Norrington purchased 1,313 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of $190.42 per share, with a total value 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 document filed with the SEC, which is accessible through this hyperlink. Also, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $220.00, for a total value of $1,870,000.00. Following the completion of the sale, the director directly owned 353,500 shares in the company, valued at approximately $77,770,000. This trade represents a 2.35% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have purchased 14,063 shares of company stock worth $2,585,781 and have sold 17,707 shares worth $3,999,674. Company insiders own 3.70% of the company’s stock.

HubSpot Trading Down 2.0%

Shares of NYSE HUBS opened at $182.36 on Wednesday. The company has a market cap of $9.34 billion, a price-to-earnings ratio of 95.48, a price-to-earnings-growth ratio of 2.04 and a beta of 1.22. HubSpot, Inc. has a 12-month low of $173.25 and a 12-month high of $568.16. The stock’s 50 day simple moving average is $211.70 and its 200 day simple moving average is $274.72.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.25. The business had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The business’s revenue was up 23.4% on a year-over-year basis. During the same quarter last year, the business posted $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 forecast that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal year.

HubSpot 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.