Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of HubSpot, Inc. (NYSE:HUBS – Free Report) in the 3rd quarter, HoldingsChannel reports. The fund acquired 4,784 shares of the software maker’s stock, valued at approximately $981,000.
A number of other hedge funds have also made changes to their positions in the business. Access Investment Management LLC acquired a new stake in shares of HubSpot during the 3rd quarter worth about $32,000. Elevation Wealth Partners LLC lifted its stake in HubSpot by 66.7% during the third quarter. Elevation Wealth Partners LLC now owns 175 shares of the software maker’s stock worth $36,000 after purchasing an additional 70 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in HubSpot during the second quarter worth approximately $38,000. CX Institutional lifted its stake in HubSpot by 4,785.7% during the second quarter. CX Institutional now owns 342 shares of the software maker’s stock worth $62,000 after purchasing an additional 335 shares during the last quarter. Finally, Oslo Pensjonsforsikring AS acquired a new position in HubSpot in the first quarter valued at approximately $74,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have commented on HUBS shares. Stephens increased their price target on shares of HubSpot from $251.00 to $255.00 and gave the company an “equal weight” rating in a research note on Monday, September 21st. Zacks Research cut shares of HubSpot from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Wolfe Research downgraded shares of HubSpot from an “outperform” rating to a “peer perform” rating in a research report on Thursday, August 6th. The Goldman Sachs Group set a $276.00 target price on shares of HubSpot in a report on Thursday, August 6th. Finally, Citigroup dropped their target price on shares of HubSpot from $287.00 to $230.00 and set a “neutral” rating on the stock in a research report on Friday. Eight research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $257.65.
Read Our Latest Report on HUBS
HubSpot News Roundup
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
HubSpot Stock Performance
HubSpot stock opened at $201.11 on Monday. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $406.94. The company has a market capitalization of $9.82 billion, a P/E ratio of 48.00, a PEG ratio of 2.09 and a beta of 1.14. The stock has a 50-day simple moving average of $232.10 and a 200-day simple moving average of $229.88.
HubSpot (NYSE:HUBS – Get Free Report) last announced its earnings results on Wednesday, November 4th. The software maker reported $3.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.27 by $0.54. The firm had revenue of $947.57 million during the quarter, compared to analysts’ expectations 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 period in the prior year, the firm earned $2.66 EPS. As a group, analysts forecast that HubSpot, Inc. will post 4.69 earnings per share for the current year.
Insider Buying and Selling
In other news, insider Erika Fisher sold 702 shares of the firm’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $227.72, for a total transaction of $159,859.44. Following the transaction, the insider directly owned 12,829 shares in the company, valued at approximately $2,921,419.88. This trade represents a 5.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the transaction, the director owned 59,500 shares in the company, valued at approximately $14,254,415. This trade represents a 12.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 26,202 shares of company stock valued at $6,149,894. 3.70% of the stock is owned by company insiders.
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.
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