HubSpot, Inc. $HUBS Shares Bought by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA grew its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 2.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,689,478 shares of the software maker’s stock after acquiring an additional 33,728 shares during the period. Pictet Asset Management Holding SA owned 3.39% of HubSpot worth $346,208,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of HubSpot during the 2nd quarter worth $631,386,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of HubSpot by 352.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after purchasing an additional 703,706 shares during the last quarter. Amundi increased its holdings in shares of HubSpot by 33.4% in the first quarter. Amundi now owns 586,037 shares of the software maker’s stock worth $143,052,000 after acquiring an additional 146,871 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in HubSpot during the 2nd quarter worth approximately $112,671,000. Finally, Spyglass Capital Management LLC raised its holdings in shares of HubSpot by 18.5% during the first quarter. Spyglass Capital Management LLC now owns 313,922 shares of the software maker’s stock worth $76,628,000 after acquiring an additional 48,993 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Q3 revenue rose 17.1% year over year to $947.6 million, adjusted EPS of $3.81 topped estimates, and HubSpot added 5,300 net customers. The company also raised its full-year 2026 outlook. HubSpot: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Insider Erika Fisher sold 702 shares for about $160,000, reducing her direct stake by 5.19%; she retained 12,829 shares, making the sale a relatively limited signal. HubSpot insider share sale
• Negative Sentiment: Q4 revenue guidance of $945 million–$947 million fell short of market expectations, overshadowing the Q3 beat. Reports also point to AI-related growth headwinds and customers demanding clearer proof of value before purchasing, which could slow sales. HubSpot Q4 revenue outlook and AI headwinds Customers want proof of value
• Negative Sentiment: Several firms downgraded HubSpot or cut price targets after the results and outlook, including Cantor Fitzgerald, Morgan Stanley, KeyCorp and BTIG. The broadening analyst caution adds pressure despite some firms retaining Buy or Outperform ratings. Analyst downgrades after Q3 results and guidance

Insider Activity at HubSpot

In other news, Director Gerald Dischler purchased 925 shares of the business’s stock in a transaction on Monday, August 10th. The shares were acquired at an average price of $215.93 per share, with a total value of $199,735.25. Following the completion of the transaction, the director owned 1,940 shares of the company’s stock, valued at $418,904.20. The trade was a 91.13% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total value of $2,036,345.00. Following the sale, the director owned 59,500 shares in the company, valued at approximately $14,254,415. The trade was a 12.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 26,202 shares of company stock worth $6,149,894 over the last quarter. Company insiders own 3.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on HUBS shares. Cantor Fitzgerald lowered HubSpot from a “neutral” rating to an “underweight” rating and cut their price target for the company from $265.00 to $170.00 in a report on Thursday. Sanford C. Bernstein downgraded HubSpot from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $381.00 to $220.00 in a research note on Thursday, August 6th. Zacks Research lowered shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Barclays dropped their price target on HubSpot from $240.00 to $222.00 and set an “equal weight” rating on the stock in a research note on Thursday. Finally, TD Cowen lowered their price target on shares of HubSpot from $260.00 to $215.00 and set a “hold” rating on the stock in a report on Thursday. Eight analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $257.65.

HubSpot Stock Performance

HUBS stock opened at $201.11 on Friday. The company has a market capitalization of $10.03 billion, a P/E ratio of 48.00, a PEG ratio of 1.72 and a beta of 1.14. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $406.94. The company has a fifty day moving average price of $232.10 and a 200-day moving average price of $229.88.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, November 4th. The software maker reported $3.81 EPS for the quarter, beating analysts’ consensus estimates of $3.27 by $0.54. The firm had revenue of $947.57 million for the quarter, compared to analyst estimates of $925.50 million. HubSpot had a return on equity of 12.18% and a net margin of 5.95%. The business’s revenue was up 17.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.66 EPS. As a group, sell-side analysts forecast that HubSpot, Inc. will post 4.69 earnings per share for the current fiscal year.

HubSpot Profile

HubSpot, Inc develops cloud-based customer relationship management software designed to help businesses attract and engage customers, manage sales, and provide customer support. Founded in 2006 by Brian Halligan and Dharmesh Shah, the company helped popularize inbound marketing, an approach focused on drawing customers in with useful content and experiences.

Its platform combines a central CRM with products for marketing, sales, customer service, content management, operations, and commerce.