HubSpot (NYSE:HUBS) Director Lorrie Norrington Acquires 1,313 Shares

HubSpot, Inc. (NYSE:HUBS) Director Lorrie Norrington bought 1,313 shares of the stock in a transaction on Monday, May 11th. The shares were acquired at an average price of $190.42 per share, with a total value of $250,021.46. Following the purchase, 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 ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

HubSpot Stock Down 6.1%

HUBS stock traded down $11.65 during trading on Tuesday, hitting $179.69. 2,715,386 shares of the company’s stock traded hands, compared to its average volume of 1,730,786. HubSpot, Inc. has a 52 week low of $178.80 and a 52 week high of $682.57. The stock has a fifty day moving average price of $241.09 and a two-hundred day moving average price of $314.12. The stock has a market capitalization of $9.20 billion, a price-to-earnings ratio of 94.08, a price-to-earnings-growth ratio of 2.69 and a beta of 1.23.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $863.32 million. During the same quarter in the previous year, the company posted $1.84 earnings per share. The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. 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 research analysts expect that HubSpot, Inc. will post 3.66 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. KeyCorp cut their price objective on shares of HubSpot from $340.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday. Truist Financial dropped their price target on shares of HubSpot from $300.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday. UBS Group dropped their price target on shares of HubSpot from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday. Raymond James Financial reiterated an “outperform” rating and issued a $250.00 price target on shares of HubSpot in a research report on Friday. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $382.00 price target on shares of HubSpot in a research report on Friday. Twenty-two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $311.00.

Institutional Trading of HubSpot

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Oslo Pensjonsforsikring AS acquired a new stake in HubSpot during the 1st quarter worth about $74,000. Earned Wealth Advisors LLC acquired a new stake in HubSpot during the 1st quarter worth about $215,000. Meeder Advisory Services Inc. raised its holdings in HubSpot by 115.5% during the 1st quarter. Meeder Advisory Services Inc. now owns 1,321 shares of the software maker’s stock worth $322,000 after buying an additional 708 shares during the period. Parallel Advisors LLC raised its holdings in HubSpot by 5.1% during the 1st quarter. Parallel Advisors LLC now owns 5,559 shares of the software maker’s stock worth $1,357,000 after buying an additional 268 shares during the period. Finally, KBC Group NV raised its holdings in HubSpot by 1.5% during the 1st quarter. KBC Group NV now owns 10,695 shares of the software maker’s stock worth $2,611,000 after buying an additional 158 shares during the period. Institutional investors and hedge funds own 90.39% 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.