Quantitative Investment Management LLC Buys 8,238 Shares of HubSpot, Inc. $HUBS

Quantitative Investment Management LLC boosted its position in shares of HubSpot, Inc. (NYSE:HUBS) by 386.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 10,367 shares of the software maker’s stock after buying an additional 8,238 shares during the quarter. Quantitative Investment Management LLC’s holdings in HubSpot were worth $1,892,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Susquehanna Fundamental Investments LLC grew its holdings in shares of HubSpot by 248.3% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 86,760 shares of the software maker’s stock worth $15,835,000 after purchasing an additional 61,854 shares in the last quarter. Two Sigma Securities LLC bought a new stake in shares of HubSpot during the second quarter valued at approximately $228,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of HubSpot by 76.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,983 shares of the software maker’s stock valued at $1,457,000 after purchasing an additional 3,459 shares in the last quarter. Greenleaf Trust acquired a new position in shares of HubSpot in the second quarter valued at $876,000. Finally, Beacon Pointe Advisors LLC bought a new position in HubSpot in the second quarter worth $2,630,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analysts Set New Price Targets

HUBS has been the topic of several analyst reports. Oppenheimer lowered shares of HubSpot from an “outperform” rating to a “market perform” rating in a report on Thursday, August 6th. Stifel Nicolaus downgraded shares of HubSpot from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $275.00 to $200.00 in a report on Thursday, August 6th. Royal Bank Of Canada decreased their target price on shares of HubSpot from $350.00 to $300.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. BTIG Research lowered their target price on shares of HubSpot from $300.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. dropped their price target on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, HubSpot presently has an average rating of “Hold” and an average target price of $268.90.

Insider Activity at HubSpot

In related news, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $221.09, for a total transaction of $1,879,265.00. Following the completion of the transaction, the director directly owned 85,000 shares of the company’s stock, valued at $18,792,650. This trade represents a 9.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Erika Ashley Fisher sold 702 shares of the company’s stock in a transaction dated 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 directly owned 14,581 shares in the company, valued at $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 26,202 shares of company stock valued at $5,477,709 in the last ninety days. Insiders own 3.70% of the company’s stock.

HubSpot Price Performance

HubSpot stock opened at $261.68 on Tuesday. The stock has a fifty day moving average price of $218.19 and a two-hundred day moving average price of $223.97. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $525.51. The firm has a market capitalization of $13.05 billion, a P/E ratio of 92.47, a P/E/G ratio of 2.82 and a beta of 1.19.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%.The company had revenue of $911.74 million during the quarter, compared to analysts’ expectations of $898.31 million. During the same period last year, the business earned $2.19 earnings per share. The business’s revenue was up 19.8% on a year-over-year basis. 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, equities research analysts predict that HubSpot, Inc. will post 4.54 EPS for the current fiscal year.

HubSpot Company Profile

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.