Thrivent Financial for Lutherans Increases Stock Position in HubSpot, Inc. $HUBS

Thrivent Financial for Lutherans raised its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 23.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,789 shares of the software maker’s stock after purchasing an additional 4,559 shares during the quarter. Thrivent Financial for Lutherans’ holdings in HubSpot were worth $11,128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of HubSpot by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 5,391,241 shares of the software maker’s stock worth $3,000,926,000 after acquiring an additional 144,507 shares during the last quarter. Geode Capital Management LLC raised its position in HubSpot by 4.3% during the second quarter. Geode Capital Management LLC now owns 925,938 shares of the software maker’s stock valued at $513,886,000 after purchasing an additional 38,096 shares in the last quarter. Jennison Associates LLC lifted its stake in HubSpot by 548.6% during the second quarter. Jennison Associates LLC now owns 794,677 shares of the software maker’s stock worth $442,341,000 after purchasing an additional 672,158 shares during the last quarter. Norges Bank bought a new stake in HubSpot during the second quarter worth about $269,941,000. Finally, Alliancebernstein L.P. boosted its holdings in shares of HubSpot by 35.0% in the 2nd quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock worth $209,335,000 after purchasing an additional 97,469 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

HubSpot Stock Performance

Shares of HubSpot stock opened at $243.48 on Thursday. HubSpot, Inc. has a 52-week low of $227.78 and a 52-week high of $881.13. The company’s 50 day moving average price is $357.97 and its 200-day moving average price is $427.48. The stock has a market capitalization of $12.76 billion, a price-to-earnings ratio of -3,043.50, a P/E/G ratio of 5.84 and a beta of 1.44.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Thursday, November 6th. The software maker reported $2.66 EPS for the quarter, beating analysts’ consensus estimates of $2.58 by $0.08. The company had revenue of $809.52 million during the quarter, compared to analyst estimates of $786.80 million. HubSpot had a negative net margin of 0.12% and a positive return on equity of 1.21%. The firm’s revenue was up 20.9% compared to the same quarter last year. During the same period in the prior year, the business posted $2.18 EPS. As a group, equities research analysts forecast that HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on HUBS shares. Truist Financial decreased their price objective on HubSpot from $675.00 to $650.00 and set a “buy” rating on the stock in a report on Friday, November 7th. BMO Capital Markets reduced their price target on shares of HubSpot from $465.00 to $385.00 and set an “outperform” rating on the stock in a research report on Thursday, January 29th. Evercore ISI set a $500.00 price objective on shares of HubSpot in a report on Thursday, November 6th. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $450.00 target price (down previously from $610.00) on shares of HubSpot in a report on Monday, November 10th. Finally, KeyCorp decreased their target price on shares of HubSpot from $775.00 to $650.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $578.13.

Key HubSpot News

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: Management highlights stronger new contracts and a constructive cash‑flow outlook, which underpin revenue durability and margin progress even though the stock has lagged. HubSpot New Contracts And Cash Flow Outlook Contrast With Weak Share Performance
• Positive Sentiment: Analysts and commentators point to HubSpot’s upmarket customer wins and emerging AI agents as potential drivers of faster, higher‑value growth over time. Those narratives support a longer‑term bull case despite near‑term softness. Are HubSpot’s (HUBS) Upmarket Wins And AI Agents Quietly Redefining Its Core Growth Engine?
• Positive Sentiment: Opinion pieces laying out a “bull case” highlight recurring revenue strength and product momentum that could justify upside if execution continues. HubSpot, Inc. (HUBS): A bull case theory
• Neutral Sentiment: HubSpot is scheduled to post earnings soon; the event can amplify moves in either direction depending on revenue/ARR, guidance and margin cadence. HubSpot (HUBS) Projected to Post Earnings on Wednesday
• Neutral Sentiment: Several human‑interest/profile stories about CEO Yamini Rangan have circulated; these are unlikely to move the stock materially but keep the company in media rotation. Why HubSpot CEO Yamini Rangan told her son to study computer science, even as coding is dead
• Negative Sentiment: An Oppenheimer analyst lowered HubSpot’s price target from $550 to $350 (still an “outperform”), a sizable cut that can pressure sentiment and trigger selling by momentum/quant strategies. Benzinga
• Negative Sentiment: Coverage of broad declines across mid‑cap SaaS names (Braze, DocuSign, Snowflake, PagerDuty and HubSpot) suggests sector rotation or macro/interest‑rate worries are weighing on the stock alongside company‑specific headlines. Braze, DocuSign, HubSpot, Snowflake, and PagerDuty Shares Are Falling, What You Need To Know

Insider Transactions at HubSpot

In related news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $303.38, for a total transaction of $2,578,730.00. Following the transaction, the director owned 487,344 shares in the company, valued at $147,850,422.72. The trade was a 1.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders sold 25,500 shares of company stock worth $8,827,080. 4.00% of the stock is owned by insiders.

HubSpot 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.