Shares of HubSpot, Inc. (NYSE:HUBS – Get Free Report) shot up 4.9% during trading on Tuesday . The stock traded as high as $203.59 and last traded at $203.39. 230,120 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 1,791,864 shares. The stock had previously closed at $193.84.
Analyst Ratings Changes
Several research analysts have commented on HUBS shares. BMO Capital Markets lowered their price objective on shares of HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. Wall Street Zen downgraded HubSpot from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Truist Financial decreased their price target on HubSpot from $300.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. KeyCorp lowered their price target on HubSpot from $340.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. dropped their price objective on HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Twenty-one research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $311.00.
Read Our Latest Stock Analysis on HubSpot
HubSpot Price Performance
HubSpot (NYSE:HUBS – Get Free Report) 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. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The company had revenue of $881.00 million during the quarter, compared to the consensus estimate of $863.32 million. During the same period in the prior year, the business earned $1.84 earnings per share. The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Equities research analysts forecast that HubSpot, Inc. will post 4.39 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Lorrie M. Norrington purchased 1,313 shares of HubSpot stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the completion of 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Dharmesh Shah purchased 10,000 shares of HubSpot stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of $181.37 per share, for a total transaction of $1,813,700.00. Following the completion of the acquisition, the chief technology officer owned 1,295,400 shares of the company’s stock, valued at approximately $234,946,698. The trade was a 0.78% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 14,063 shares of company stock worth $2,585,781 and have sold 26,207 shares worth $5,567,244. 3.70% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On HubSpot
Several hedge funds have recently added to or reduced their stakes in HUBS. Strategic Advocates LLC bought a new position in shares of HubSpot during the third quarter valued at $25,000. Turning Point Benefit Group Inc. acquired a new position in shares of HubSpot during the third quarter worth $25,000. Rakuten Securities Inc. grew its stake in shares of HubSpot by 783.3% in the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after purchasing an additional 47 shares during the last quarter. Cary Street Partners Investment Advisory LLC bought a new stake in shares of HubSpot in the fourth quarter worth $33,000. Finally, Osterweis Capital Management Inc. acquired a new stake in HubSpot in the second quarter valued at $34,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.
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.
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