Man Group plc Makes New Investment in HubSpot, Inc. $HUBS

Man Group plc bought a new stake in shares of HubSpot, Inc. (NYSE:HUBS) during the second quarter, HoldingsChannel.com reports. The fund bought 281,876 shares of the software maker’s stock, valued at approximately $51,445,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of HUBS. Price T Rowe Associates Inc. MD lifted its stake in shares of HubSpot by 36.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock worth $1,838,727,000 after acquiring an additional 1,224,424 shares during the last quarter. BlackRock Inc. bought a new position in HubSpot in the 2nd quarter valued at $631,386,000. Pictet Asset Management Holding SA increased its stake in HubSpot by 13.1% in the first quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock worth $533,993,000 after purchasing an additional 252,604 shares during the period. State Street Corp lifted its position in shares of HubSpot by 3.7% during the fourth quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock worth $478,287,000 after purchasing an additional 42,948 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of HubSpot by 117.6% during the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock valued at $477,138,000 after purchasing an additional 642,545 shares during the period. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at HubSpot

In related news, Director Gerald Dischler bought 925 shares of the stock in a transaction on Monday, August 10th. The stock was bought at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the completion of the acquisition, the director directly owned 1,940 shares in the company, valued at approximately $418,904.20. This represents a 91.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Erika Ashley Fisher sold 702 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the sale, the insider directly owned 14,581 shares in the company, valued at $3,429,742.82. This trade represents a 4.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 26,202 shares of company stock valued at $5,477,709 over the last ninety days. 3.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 price target on shares of HubSpot in a report on Thursday, August 6th. Stifel Nicolaus lowered shares of HubSpot from a “buy” rating to a “hold” rating and decreased their price objective for the company from $275.00 to $200.00 in a report on Thursday, August 6th. Piper Sandler cut shares of HubSpot from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $250.00 to $220.00 in a research report on Thursday, August 6th. Royal Bank Of Canada dropped their target price on shares of HubSpot from $350.00 to $300.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of HubSpot in a research report on Wednesday, June 24th. Fifteen equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, HubSpot presently has a consensus rating of “Hold” and an average price target of $268.90.

HubSpot Price Performance

Shares of HubSpot stock opened at $236.86 on Thursday. The stock has a market cap of $11.81 billion, a price-to-earnings ratio of 83.70, a PEG ratio of 2.57 and a beta of 1.19. The firm’s 50-day moving average is $213.12 and its two-hundred day moving average is $223.38. HubSpot, Inc. has a 1 year low of $169.63 and a 1 year high of $525.51.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating the consensus estimate of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business had revenue of $911.74 million during the quarter, compared to analyst estimates of $898.31 million. During the same quarter in the previous year, the business posted $2.19 EPS. The company’s quarterly revenue was up 19.8% compared to the same quarter last year. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, equities analysts expect that HubSpot, Inc. will post 4.54 earnings per share for the current 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.