Penserra Capital Management LLC Has $2.69 Million Position in HubSpot, Inc. $HUBS

Penserra Capital Management LLC increased its position in shares of HubSpot, Inc. (NYSE:HUBS) by 21.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,830 shares of the software maker’s stock after acquiring an additional 837 shares during the period. Penserra Capital Management LLC’s holdings in HubSpot were worth $2,687,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of HubSpot by 19.2% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 9,533 shares of the software maker’s stock worth $5,306,000 after purchasing an additional 1,533 shares during the period. Moody Lynn & Lieberson LLC raised its position in HubSpot by 2,038.1% during the 2nd quarter. Moody Lynn & Lieberson LLC now owns 20,953 shares of the software maker’s stock worth $11,663,000 after purchasing an additional 19,973 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in HubSpot by 15.0% during the 1st quarter. Acadian Asset Management LLC now owns 5,059 shares of the software maker’s stock worth $2,888,000 after buying an additional 660 shares during the period. Nordea Investment Management AB grew its position in shares of HubSpot by 74.4% in the 2nd quarter. Nordea Investment Management AB now owns 16,043 shares of the software maker’s stock valued at $8,921,000 after buying an additional 6,846 shares during the last quarter. Finally, 111 Capital grew its position in shares of HubSpot by 83.4% in the 2nd quarter. 111 Capital now owns 1,579 shares of the software maker’s stock valued at $879,000 after buying an additional 718 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on HUBS shares. Canaccord Genuity Group cut their price objective on HubSpot from $700.00 to $600.00 and set a “buy” rating on the stock in a research note on Thursday. Piper Sandler dropped their price target on shares of HubSpot from $675.00 to $590.00 and set an “overweight” rating on the stock in a research report on Thursday. Barclays reduced their price objective on shares of HubSpot from $675.00 to $575.00 and set an “overweight” rating on the stock in a research note on Thursday. Jefferies Financial Group decreased their price objective on shares of HubSpot from $650.00 to $560.00 and set a “buy” rating for the company in a research report on Thursday. Finally, UBS Group set a $500.00 target price on shares of HubSpot in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $626.50.

Insider Buying and Selling at HubSpot

In other HubSpot news, CFO Kathryn Bueker sold 615 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $500.00, for a total transaction of $307,500.00. Following the completion of the sale, the chief financial officer directly owned 38,794 shares of the company’s stock, valued at approximately $19,397,000. The trade was a 1.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Yamini Rangan sold 2,387 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $500.00, for a total value of $1,193,500.00. Following the completion of the sale, the chief executive officer directly owned 56,277 shares of the company’s stock, valued at approximately $28,138,500. This trade represents a 4.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 51,098 shares of company stock valued at $24,757,257 over the last three months. Corporate insiders own 4.00% of the company’s stock.

HubSpot Price Performance

Shares of HubSpot stock opened at $397.83 on Monday. The business has a 50-day simple moving average of $475.10 and a 200 day simple moving average of $527.61. HubSpot, Inc. has a one year low of $375.01 and a one year high of $881.13. The firm has a market capitalization of $20.84 billion, a price-to-earnings ratio of -4,972.91, a PEG ratio of 14.25 and a beta of 1.60.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, November 5th. The software maker reported $2.66 EPS for the quarter, beating analysts’ consensus estimates of $2.58 by $0.08. HubSpot had a positive return on equity of 1.21% and a negative net margin of 0.12%.The firm had revenue of $809.52 million during the quarter, compared to analysts’ expectations of $786.80 million. During the same quarter last year, the firm posted $2.18 earnings per share. The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. HubSpot has set its FY 2025 guidance at 9.600-9.620 EPS. Q4 2025 guidance at 2.970-2.990 EPS. On average, sell-side analysts expect that HubSpot, Inc. will post 1.01 EPS for the current year.

HubSpot Profile

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.