Lido Advisors LLC Reduces Holdings in HubSpot, Inc. $HUBS

Lido Advisors LLC decreased its position in shares of HubSpot, Inc. (NYSE:HUBS) by 36.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,390 shares of the software maker’s stock after selling 2,511 shares during the quarter. Lido Advisors LLC’s holdings in HubSpot were worth $1,762,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Westpac Banking Corp boosted its stake in shares of HubSpot by 73.4% during the fourth quarter. Westpac Banking Corp now owns 1,413 shares of the software maker’s stock worth $567,000 after buying an additional 598 shares during the period. Rothschild Wealth LLC acquired a new stake in shares of HubSpot during the fourth quarter worth about $285,000. Forsta AP Fonden boosted its stake in shares of HubSpot by 28.2% during the fourth quarter. Forsta AP Fonden now owns 24,620 shares of the software maker’s stock worth $9,880,000 after buying an additional 5,420 shares during the period. Norges Bank acquired a new stake in shares of HubSpot during the fourth quarter worth about $156,743,000. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of HubSpot during the fourth quarter worth about $4,052,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

HubSpot Trading Down 2.2%

HUBS stock opened at $207.96 on Tuesday. The firm has a 50 day moving average of $217.97 and a 200-day moving average of $281.97. HubSpot, Inc. has a 12-month low of $173.25 and a 12-month high of $610.61. The company has a market cap of $10.65 billion, a price-to-earnings ratio of 108.88, a PEG ratio of 2.33 and a beta of 1.22.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 last year, the firm earned $1.84 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Sell-side analysts forecast that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal year.

Insider Activity at HubSpot

In related news, Director Lorrie M. Norrington purchased 1,313 shares of HubSpot stock in a transaction dated Monday, May 11th. The stock was bought at an average cost of $190.42 per share, for a total transaction of $250,021.46. Following the transaction, the director owned 2,838 shares in the company, valued at approximately $540,411.96. The trade was a 86.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Erika Ashley Fisher sold 915 shares of HubSpot stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $236.66, for a total transaction of $216,543.90. Following the sale, the insider owned 16,270 shares of the company’s stock, valued at approximately $3,850,458.20. The trade was a 5.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders acquired 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $6,233,049. Insiders own 3.70% of the company’s stock.

Analysts Set New Price Targets

HUBS has been the subject of several recent research reports. Truist Financial decreased their target price on shares of HubSpot from $300.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, May 8th. BMO Capital Markets decreased their target price on shares of HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Piper Sandler decreased their target price on shares of HubSpot from $260.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Barclays decreased their target price on shares of HubSpot from $300.00 to $270.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Finally, Canaccord Genuity Group set a $335.00 price objective on shares of HubSpot in a research report on Friday, May 8th. Twenty-two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $311.00.

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.