Swedbank AB Sells 9,957 Shares of HubSpot, Inc. $HUBS

Swedbank AB lowered its holdings in HubSpot, Inc. (NYSE:HUBS) by 67.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,879 shares of the software maker’s stock after selling 9,957 shares during the quarter. Swedbank AB’s holdings in HubSpot were worth $1,191,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Westfuller Advisors LLC raised its holdings in HubSpot by 57.0% during the first quarter. Westfuller Advisors LLC now owns 347 shares of the software maker’s stock worth $85,000 after buying an additional 126 shares during the last quarter. DGS Capital Management LLC grew its holdings in shares of HubSpot by 29.9% during the first quarter. DGS Capital Management LLC now owns 1,829 shares of the software maker’s stock valued at $446,000 after buying an additional 421 shares during the last quarter. Praxis Investment Management Inc. grew its holdings in shares of HubSpot by 49.6% during the first quarter. Praxis Investment Management Inc. now owns 4,335 shares of the software maker’s stock valued at $1,058,000 after buying an additional 1,437 shares during the last quarter. HB Wealth Management LLC increased its position in shares of HubSpot by 132.4% during the first quarter. HB Wealth Management LLC now owns 2,715 shares of the software maker’s stock worth $663,000 after acquiring an additional 1,547 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd raised its holdings in shares of HubSpot by 516.3% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 63,692 shares of the software maker’s stock worth $15,547,000 after acquiring an additional 53,358 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

HUBS has been the topic of several recent research reports. UBS Group reaffirmed a “neutral” rating on shares of HubSpot in a research report on Wednesday, June 17th. Stifel Nicolaus set a $275.00 price objective on HubSpot in a report on Friday, May 8th. The Goldman Sachs Group reissued a “buy” rating and issued a $382.00 price objective on shares of HubSpot in a research note on Friday, May 8th. Barclays dropped their target price on HubSpot from $300.00 to $270.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Finally, Wells Fargo & Company cut their target price on HubSpot from $350.00 to $300.00 and set an “overweight” rating on the stock 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 stock. According to MarketBeat.com, HubSpot has a consensus rating of “Moderate Buy” and a consensus target price of $311.00.

HubSpot Price Performance

Shares of HubSpot stock traded up $1.83 during trading hours on Friday, hitting $207.78. 1,055,397 shares of the company’s stock traded hands, compared to its average volume of 1,496,721. The stock has a market capitalization of $10.64 billion, a price-to-earnings ratio of 108.78, a PEG ratio of 2.27 and a beta of 1.22. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $568.16. The company has a fifty day simple moving average of $199.54 and a 200-day simple moving average of $251.33.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $863.32 million. During the same period in the previous year, the firm earned $1.84 EPS. The firm’s quarterly 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. On average, analysts forecast that HubSpot, Inc. will post 4.39 EPS for the current fiscal year.

Insider Transactions at HubSpot

In other news, Director Brian Halligan sold 8,500 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $184.42, for a total transaction of $1,567,570.00. Following the completion of the transaction, the director directly owned 93,500 shares of the company’s stock, valued at $17,243,270. This represents a 8.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Erika Ashley Fisher sold 915 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was 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 position. 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. Over the last quarter, insiders bought 14,063 shares of company stock valued at $2,585,781 and sold 26,207 shares valued at $5,567,244. Insiders own 3.70% of the company’s stock.

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.