Janney Montgomery Scott LLC Has $6.26 Million Position in HubSpot, Inc. $HUBS

Janney Montgomery Scott LLC raised its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 510.6% in the first quarter, Holdings Channel reports. The fund owned 25,634 shares of the software maker’s stock after acquiring an additional 21,436 shares during the period. Janney Montgomery Scott LLC’s holdings in HubSpot were worth $6,257,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pictet Asset Management Holding SA lifted its holdings in HubSpot by 13.1% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock valued at $533,993,000 after purchasing an additional 252,604 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych grew its stake in HubSpot by 26.3% during the first quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 14,900 shares of the software maker’s stock worth $3,637,000 after buying an additional 3,100 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of HubSpot by 72.2% during the first quarter. Blue Trust Inc. now owns 1,672 shares of the software maker’s stock worth $408,000 after buying an additional 701 shares in the last quarter. OP Asset Management Ltd acquired a new stake in shares of HubSpot during the first quarter worth approximately $1,634,000. Finally, Banque Cantonale Vaudoise raised its stake in shares of HubSpot by 3.7% in the first quarter. Banque Cantonale Vaudoise now owns 1,735 shares of the software maker’s stock valued at $424,000 after acquiring an additional 62 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Cantor Fitzgerald downgraded HubSpot from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $325.00 to $200.00 in a report on Friday, May 8th. Canaccord Genuity Group set a $335.00 price target on HubSpot in a report on Friday, May 8th. Wall Street Zen downgraded HubSpot from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Stifel Nicolaus set a $275.00 price objective on HubSpot in a research note on Friday, May 8th. Finally, BMO Capital Markets decreased their target price on HubSpot from $285.00 to $230.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Twenty-one analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $311.00.

HubSpot Trading Down 0.1%

Shares of NYSE:HUBS opened at $192.00 on Friday. HubSpot, Inc. has a 1-year low of $169.63 and a 1-year high of $568.16. The stock has a market capitalization of $9.83 billion, a P/E ratio of 100.52, a P/E/G ratio of 2.10 and a beta of 1.22. The business has a 50-day moving average price of $201.62 and a two-hundred day moving average price of $257.54.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 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 analysts’ expectations of $863.32 million. During the same quarter in the previous year, the company earned $1.84 EPS. HubSpot’s revenue 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. As a group, equities analysts predict that HubSpot, Inc. will post 4.39 EPS for the current year.

Insider Buying and Selling

In related news, Director Lorrie M. Norrington acquired 1,313 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of $190.42 per share, with a total value of $250,021.46. Following the transaction, the director owned 2,838 shares of the company’s stock, valued at $540,411.96. The trade was a 86.10% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Dharmesh Shah purchased 10,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was purchased at an average cost of $181.37 per share, for a total transaction of $1,813,700.00. Following the purchase, the chief technology officer directly owned 1,295,400 shares in the company, valued at approximately $234,946,698. This trade represents a 0.78% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have acquired 14,063 shares of company stock valued at $2,585,781 and have sold 26,207 shares valued at $5,567,244. 3.70% of the stock is owned by corporate insiders.

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.