HubSpot (NYSE:HUBS) Shares Down 5.5% Following Analyst Downgrade

HubSpot, Inc. (NYSE:HUBS) shares were down 5.5% during mid-day trading on Wednesday after Zacks Research downgraded the stock from a strong-buy rating to a hold rating. The company traded as low as $207.92 and last traded at $208.31. 869,316 shares were traded during mid-day trading, a decline of 52% from the average session volume of 1,828,350 shares. The stock had previously closed at $220.51.

A number of other analysts also recently issued reports on the stock. Bank of America restated an “underperform” rating and set a $200.00 price target on shares of HubSpot in a report on Thursday, August 6th. Jefferies Financial Group restated a “buy” rating and issued a $250.00 target price on shares of HubSpot in a research report on Friday, May 8th. JPMorgan Chase & Co. lowered their price target on HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Evercore set a $225.00 price objective on shares of HubSpot in a report on Friday, May 8th. Finally, BNP Paribas Exane cut shares of HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 price target for the company. in a research report on Monday, May 11th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, HubSpot currently has an average rating of “Hold” and a consensus target price of $268.90.

Insider Activity at HubSpot

In other news, insider Erika Ashley Fisher sold 702 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total transaction of $165,124.44. Following the sale, the insider owned 14,581 shares of the company’s stock, valued at approximately $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gerald Dischler bought 925 shares of the firm’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 completion of the acquisition, the director owned 1,940 shares of the company’s stock, valued at $418,904.20. This trade represents 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 worth $5,481,959. Corporate insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in HUBS. Empowered Funds LLC lifted its position in shares of HubSpot by 88.5% during the 1st quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock worth $897,000 after purchasing an additional 737 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of HubSpot by 12.1% during the 2nd quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock worth $2,665,000 after acquiring an additional 516 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in HubSpot by 4.7% in 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 in the last quarter. Osterweis Capital Management Inc. purchased a new position in HubSpot in the second quarter valued at approximately $34,000. Finally, Alliancebernstein L.P. lifted its position in shares of HubSpot by 35.0% during the 2nd quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock worth $209,335,000 after buying an additional 97,469 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

HubSpot Trading Down 3.5%

The firm’s fifty day moving average price is $205.60 and its 200-day moving average price is $226.25. The firm has a market cap of $11.57 billion, a price-to-earnings ratio of 82.01, a PEG ratio of 2.15 and a beta of 1.19.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.24. The company had revenue of $911.74 million during the quarter, compared to the consensus estimate of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. HubSpot’s revenue for the quarter was up 19.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.19 earnings per share. 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, sell-side analysts expect that HubSpot, Inc. will post 4.54 earnings per share for the current year.

About HubSpot

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.