HubSpot (NYSE:HUBS) Trading 7.6% Higher – Time to Buy?

HubSpot, Inc. (NYSE:HUBS) traded up 7.6% during mid-day trading on Thursday . The stock traded as high as $257.41 and last traded at $255.0050. 174,147 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 1,805,014 shares. The stock had previously closed at $237.08.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 price target on shares of HubSpot in a research note on Thursday, August 6th. BMO Capital Markets cut shares of HubSpot from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $230.00 to $215.00 in a research note on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of HubSpot in a report on Wednesday, June 24th. BTIG Research dropped their target price on shares of HubSpot from $300.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Finally, Morgan Stanley set a $287.00 price target on HubSpot in a research note on Thursday, August 6th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $268.90.

HubSpot Stock Performance

The business’s 50-day moving average is $216.41 and its two-hundred day moving average is $223.81. The firm has a market capitalization of $13.02 billion, a price-to-earnings ratio of 92.23, a P/E/G ratio of 2.77 and a beta of 1.19.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm had revenue of $911.74 million during the quarter, compared to analysts’ expectations of $898.31 million. During the same quarter in the previous year, the company earned $2.19 earnings per share. The business’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. Analysts forecast that HubSpot, Inc. will post 4.54 EPS for the current year.

Insider Activity

In related news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $221.09, for a total value of $1,879,265.00. Following the completion of the sale, the director owned 85,000 shares in the company, valued at $18,792,650. This represents a 9.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gerald Dischler acquired 925 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the purchase, the director directly owned 1,940 shares in the company, valued at $418,904.20. This trade represents a 91.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 26,202 shares of company stock valued at $5,477,709 in the last quarter. Company insiders own 3.70% of the company’s stock.

Hedge Funds Weigh In On HubSpot

Several institutional investors and hedge funds have recently modified their holdings of HUBS. Geode Capital Management LLC increased its position in shares of HubSpot by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock worth $388,917,000 after acquiring an additional 14,159 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in HubSpot by 135.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker’s stock valued at $41,397,000 after acquiring an additional 130,433 shares in the last quarter. Havemeyer Place LP bought a new stake in HubSpot in the 4th quarter valued at $2,044,000. Forsta AP Fonden boosted its stake in HubSpot by 28.2% in the 4th quarter. Forsta AP Fonden now owns 24,620 shares of the software maker’s stock worth $9,880,000 after purchasing an additional 5,420 shares during the period. Finally, Danica Pension Livsforsikringsaktieselskab increased its holdings in HubSpot by 20.0% during the 4th quarter. Danica Pension Livsforsikringsaktieselskab now owns 255,923 shares of the software maker’s stock worth $102,702,000 after purchasing an additional 42,718 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

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.