The Manufacturers Life Insurance Company Buys Shares of 261,463 HubSpot, Inc. $HUBS

The Manufacturers Life Insurance Company acquired a new position in shares of HubSpot, Inc. (NYSE:HUBS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 261,463 shares of the software maker’s stock, valued at approximately $47,720,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Algert Global LLC acquired a new stake in shares of HubSpot during the 2nd quarter worth $8,228,000. Maxi Investments CY Ltd acquired a new position in HubSpot in the second quarter valued at $6,844,000. Sanctuary Advisors LLC purchased a new stake in HubSpot during the second quarter valued at about $412,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in HubSpot during the second quarter valued at about $112,671,000. Finally, Globeflex Capital L P acquired a new stake in HubSpot during the second quarter worth about $1,003,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Zacks Research downgraded HubSpot from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. William Blair cut HubSpot from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. TD Cowen cut their price target on shares of HubSpot from $250.00 to $220.00 and set a “hold” rating on the stock in a report on Thursday, August 6th. Royal Bank Of Canada reduced their price target on shares of HubSpot from $350.00 to $300.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Finally, Oppenheimer lowered shares of HubSpot from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 6th. Fifteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, HubSpot presently has an average rating of “Hold” and a consensus target price of $268.90.

HubSpot Price Performance

Shares of HubSpot stock opened at $236.86 on Thursday. HubSpot, Inc. has a 1-year low of $169.63 and a 1-year high of $525.51. The company has a market capitalization of $11.81 billion, a PE ratio of 83.70, a P/E/G ratio of 2.57 and a beta of 1.19. The business has a 50-day moving average of $213.12 and a 200-day moving average of $223.38.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.The firm had revenue of $911.74 million during the quarter, compared to analyst estimates of $898.31 million. During the same quarter last 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. On average, equities analysts expect that HubSpot, Inc. will post 4.54 earnings per share for the current fiscal year.

Insider Transactions at HubSpot

In other news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $219.50, for a total transaction of $1,865,750.00. Following the completion of the sale, the director owned 76,500 shares of the company’s stock, valued at approximately $16,791,750. This trade represents a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gerald Dischler purchased 925 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was bought at an average price of $215.93 per share, with a total value of $199,735.25. Following the purchase, the director owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. The trade was a 91.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders sold 26,202 shares of company stock valued at $5,477,709. 3.70% of the stock is currently owned by corporate insiders.

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.