HubSpot, Inc. $HUBS Stake Increased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lifted its holdings in HubSpot, Inc. (NYSE:HUBS) by 657.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 10,120 shares of the software maker’s stock after acquiring an additional 8,784 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in HubSpot were worth $2,470,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Strategic Advocates LLC purchased a new stake in HubSpot in the 3rd quarter worth about $25,000. Turning Point Benefit Group Inc. acquired a new position in shares of HubSpot in the 3rd quarter valued at about $25,000. Rakuten Securities Inc. increased its holdings in shares of HubSpot by 783.3% in the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after purchasing an additional 47 shares during the period. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of HubSpot in the fourth quarter worth approximately $33,000. Finally, Osterweis Capital Management Inc. purchased a new stake in shares of HubSpot in the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insider Activity at HubSpot

In other HubSpot news, CEO Yamini Rangan purchased 2,750 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were acquired at an average price of $189.84 per share, for a total transaction of $522,060.00. Following the acquisition, the chief executive officer owned 102,982 shares of the company’s stock, valued at $19,550,102.88. This trade represents a 2.74% 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, Director Lorrie M. Norrington acquired 1,313 shares of HubSpot stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average cost of $190.42 per share, with a total value of $250,021.46. Following the purchase, the director owned 2,838 shares in the company, valued at $540,411.96. The trade was a 86.10% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have acquired 14,063 shares of company stock worth $2,585,781 and have sold 26,207 shares worth $5,567,244. Company insiders own 3.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. BMO Capital Markets lowered their price objective on shares of HubSpot from $285.00 to $230.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. William Blair downgraded shares of HubSpot from an “outperform” rating to a “market perform” rating in a research report on Friday, May 8th. Zacks Research lowered shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Cantor Fitzgerald cut shares of HubSpot from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $325.00 to $200.00 in a report on Friday, May 8th. Finally, Canaccord Genuity Group set a $335.00 price target on shares of HubSpot in a report on Friday, May 8th. Twenty-one equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $311.00.

HubSpot Stock Performance

Shares of NYSE HUBS opened at $209.75 on Wednesday. The business has a 50 day simple moving average of $198.73 and a 200 day simple moving average of $247.72. HubSpot, Inc. has a 52 week low of $169.63 and a 52 week high of $568.16. The stock has a market cap of $10.74 billion, a price-to-earnings ratio of 109.82, a PEG ratio of 2.38 and a beta of 1.22.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.25. The firm 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 company’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter last year, the firm 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. On average, analysts predict that HubSpot, Inc. will post 4.39 EPS for the current year.

About HubSpot

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.