HubSpot, Inc. $HUBS Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lessened its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 4.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 119,682 shares of the software maker’s stock after selling 5,206 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in HubSpot were worth $29,214,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Saxon Interests Inc. acquired a new stake in shares of HubSpot during the first quarter worth $727,000. Addison Capital Co increased its position in shares of HubSpot by 7.2% in the 1st quarter. Addison Capital Co now owns 4,548 shares of the software maker’s stock valued at $1,110,000 after acquiring an additional 304 shares during the period. Westfuller Advisors LLC increased its position in shares of HubSpot by 57.0% in the 1st quarter. Westfuller Advisors LLC now owns 347 shares of the software maker’s stock valued at $85,000 after acquiring an additional 126 shares during the period. DGS Capital Management LLC raised its stake in HubSpot by 29.9% in the 1st quarter. DGS Capital Management LLC now owns 1,829 shares of the software maker’s stock worth $446,000 after acquiring an additional 421 shares during the last quarter. Finally, Praxis Investment Management Inc. raised its stake in HubSpot by 49.6% in the 1st quarter. Praxis Investment Management Inc. now owns 4,335 shares of the software maker’s stock worth $1,058,000 after acquiring an additional 1,437 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Price Performance

NYSE HUBS opened at $217.88 on Tuesday. The company has a market capitalization of $11.16 billion, a PE ratio of 114.07, a P/E/G ratio of 2.27 and a beta of 1.22. The company has a fifty day moving average of $199.46 and a 200 day moving average of $249.04. HubSpot, Inc. has a 1 year low of $169.63 and a 1 year high of $568.16.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating the consensus estimate of $2.47 by $0.25. The company had revenue of $881.00 million for the quarter, compared to analyst estimates of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The firm’s revenue was up 23.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.84 earnings per share. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Research analysts expect that HubSpot, Inc. will post 4.39 earnings per share for the current year.

Insider Transactions at HubSpot

In related news, CEO Yamini Rangan purchased 2,750 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was bought at an average cost of $189.84 per share, with a total value of $522,060.00. Following the completion of the acquisition, the chief executive officer owned 102,982 shares of the company’s stock, valued at $19,550,102.88. The trade was a 2.74% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $184.42, for a total value of $1,567,570.00. Following the completion of the sale, the director owned 93,500 shares in the company, valued at approximately $17,243,270. This represents a 8.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have bought 14,063 shares of company stock valued at $2,585,781 and have sold 26,207 shares valued at $5,567,244. 3.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have weighed in on HUBS shares. Evercore set a $225.00 price target on HubSpot in a research note on Friday, May 8th. Canaccord Genuity Group set a $335.00 price objective on HubSpot in a research note on Friday, May 8th. Zacks Research cut HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Barclays decreased their target price on HubSpot from $300.00 to $270.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Finally, BTIG Research reiterated a “buy” rating and issued a $300.00 target price on shares of HubSpot in a research report on Tuesday, April 21st. Twenty-one investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.00.

HubSpot 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.