Globeflex Capital L P Purchases Shares of 5,495 HubSpot, Inc. $HUBS

Globeflex Capital L P acquired a new position in shares of HubSpot, Inc. (NYSE:HUBS) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,495 shares of the software maker’s stock, valued at approximately $1,003,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Empowered Funds LLC raised its position in shares of HubSpot by 88.5% in the first quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after purchasing an additional 737 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of HubSpot by 12.1% during the 2nd quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock worth $2,665,000 after buying an additional 516 shares during the period. Treasurer of the State of North Carolina grew its stake in HubSpot by 4.7% in the 2nd quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock valued at $13,222,000 after buying an additional 1,077 shares during the last quarter. Osterweis Capital Management Inc. bought a new position in HubSpot in the 2nd quarter valued at about $34,000. Finally, Alliancebernstein L.P. raised its holdings in HubSpot by 35.0% in the 2nd quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock valued at $209,335,000 after acquiring an additional 97,469 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

HubSpot Stock Up 1.6%

Shares of NYSE:HUBS opened at $243.85 on Tuesday. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $525.51. The company’s 50 day moving average price is $210.81 and its two-hundred day moving average price is $223.33. The firm has a market cap of $12.16 billion, a PE ratio of 86.17, a PEG ratio of 2.46 and a beta of 1.19.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. The company had revenue of $911.74 million during the quarter, compared to the consensus estimate of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm’s quarterly revenue was up 19.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.19 earnings per share. 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, research analysts expect that HubSpot, Inc. will post 4.54 EPS for the current year.

Insider Buying and Selling at HubSpot

In related news, insider Erika Ashley Fisher sold 702 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $235.22, for a total value of $165,124.44. Following the transaction, the insider owned 14,581 shares in the company, valued at approximately $3,429,742.82. This trade represents a 4.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gerald Dischler purchased 925 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was bought at an average cost of $215.93 per share, with a total value of $199,735.25. Following the purchase, the director owned 1,940 shares of the company’s stock, valued at $418,904.20. This represents a 91.13% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold 26,202 shares of company stock valued at $5,477,709 in the last three months. Corporate insiders own 3.70% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on HUBS shares. Wall Street Zen downgraded shares of HubSpot from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. William Blair lowered HubSpot from an “outperform” rating to a “market perform” rating in a research note on Friday, May 8th. UBS Group set a $287.00 price target on HubSpot in a report on Thursday, August 6th. BMO Capital Markets downgraded HubSpot from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $230.00 to $215.00 in a research note on Thursday, August 6th. Finally, Oppenheimer lowered HubSpot from an “outperform” rating to a “market perform” rating in a report on Thursday, August 6th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $268.90.

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.