Sanctuary Advisors LLC Sells 2,277 Shares of HubSpot, Inc. $HUBS

Sanctuary Advisors LLC trimmed its position in HubSpot, Inc. (NYSE:HUBS) by 66.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,145 shares of the software maker’s stock after selling 2,277 shares during the quarter. Sanctuary Advisors LLC’s holdings in HubSpot were worth $279,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Empowered Funds LLC boosted its holdings in HubSpot by 88.5% in the 1st quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after purchasing an additional 737 shares during the period. NewEdge Advisors LLC raised its position in shares of HubSpot by 12.1% in the second quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock worth $2,665,000 after buying an additional 516 shares in the last quarter. Treasurer of the State of North Carolina boosted its stake in HubSpot by 4.7% during the second quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock valued at $13,222,000 after buying an additional 1,077 shares during the period. Osterweis Capital Management Inc. purchased a new position in HubSpot during the second quarter worth about $34,000. Finally, Alliancebernstein L.P. increased its stake in 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 acquiring an additional 97,469 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on HUBS. Royal Bank Of Canada dropped their price target on HubSpot from $400.00 to $350.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. Jefferies Financial Group restated a “buy” rating and issued a $250.00 price objective on shares of HubSpot in a research report on Friday, May 8th. KeyCorp lowered their target price on shares of HubSpot from $340.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Canaccord Genuity Group set a $335.00 target price on shares of HubSpot in a research report on Friday, May 8th. Finally, Wells Fargo & Company reissued an “equal weight” rating and issued a $225.00 price target (down from $300.00) on shares of HubSpot in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $307.86.

Insider Activity

In other HubSpot news, CTO Dharmesh Shah purchased 10,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were purchased at an average cost of $181.37 per share, with a total value of $1,813,700.00. Following the completion of the purchase, the chief technology officer owned 1,295,400 shares of the company’s stock, valued at $234,946,698. The trade was a 0.78% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Yamini Rangan acquired 2,750 shares of the stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average price of $189.84 per share, with a total value of $522,060.00. Following the completion of the acquisition, the chief executive officer owned 102,982 shares in the company, valued at approximately $19,550,102.88. The trade was a 2.74% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders bought 14,063 shares of company stock valued at $2,585,781 and sold 26,415 shares valued at $5,533,379. 3.70% of the stock is owned by insiders.

HubSpot Trading Up 1.9%

Shares of HubSpot stock opened at $237.44 on Friday. The firm has a market capitalization of $12.16 billion, a PE ratio of 124.31, a price-to-earnings-growth ratio of 2.55 and a beta of 1.22. HubSpot, Inc. has a 12 month low of $169.63 and a 12 month high of $541.53. The business’s 50-day moving average price is $204.10 and its 200-day moving average price is $233.35.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.25. The company had revenue of $881.00 million for the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.HubSpot’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same period last year, the firm posted $1.84 EPS. 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, analysts predict that HubSpot, Inc. will post 4.39 earnings per share 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.