Meeder Asset Management Inc. Takes Position in HubSpot, Inc. $HUBS

Meeder Asset Management Inc. bought a new stake in HubSpot, Inc. (NYSE:HUBS) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 32,109 shares of the software maker’s stock, valued at approximately $5,860,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. acquired a new position in HubSpot during the second quarter valued at approximately $631,386,000. Price T Rowe Associates Inc. MD grew its stake in HubSpot by 36.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock valued at $1,838,727,000 after purchasing an additional 1,224,424 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of HubSpot by 352.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after purchasing an additional 703,706 shares during the last quarter. Capital World Investors acquired a new position in shares of HubSpot during the 4th quarter worth approximately $259,930,000. Finally, AQR Capital Management LLC raised its stake in shares of HubSpot by 117.6% during the 4th quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock worth $477,138,000 after purchasing an additional 642,545 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Analysts Set New Price Targets

HUBS has been the subject of several recent analyst reports. Wells Fargo & Company downgraded HubSpot from an “overweight” rating to a “neutral” rating in a report on Thursday, August 6th. JPMorgan Chase & Co. lowered their target price on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Royal Bank Of Canada lowered their target price on shares of HubSpot from $350.00 to $300.00 and set an “outperform” rating on the stock in a report on Thursday, August 6th. Piper Sandler lowered shares of HubSpot from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $250.00 to $220.00 in a research report on Thursday, August 6th. Finally, Evercore set a $225.00 price target on shares of HubSpot in a research note on Friday, May 8th. Fifteen equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, HubSpot has a consensus rating of “Hold” and a consensus target price of $268.90.

HubSpot Trading Down 3.7%

HUBS stock opened at $215.77 on Tuesday. The firm has a market capitalization of $10.76 billion, a PE ratio of 76.24, a PEG ratio of 2.29 and a beta of 1.19. HubSpot, Inc. has a 1-year low of $169.63 and a 1-year high of $525.51. The business’s 50 day simple moving average is $206.00 and its 200 day simple moving average is $224.78.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share 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 business had revenue of $911.74 million for the quarter, compared to analysts’ expectations of $898.31 million. During the same quarter in the prior year, the business earned $2.19 EPS. The firm’s revenue for the quarter 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. As a group, sell-side analysts predict that HubSpot, Inc. will post 4.54 EPS for the current fiscal year.

Insider Buying and Selling at HubSpot

In other news, insider Erika Ashley Fisher sold 702 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the completion of the sale, the insider owned 14,581 shares in the company, valued at approximately $3,429,742.82. This trade represents a 4.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $221.09, for a total transaction of $1,879,265.00. Following the sale, the director directly owned 85,000 shares of the company’s stock, valued at $18,792,650. The trade was a 9.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 17,702 shares of company stock worth $3,611,959 over the last ninety days. Insiders own 3.70% of the company’s stock.

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.