7,983 Shares in HubSpot, Inc. $HUBS Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. bought a new stake in HubSpot, Inc. (NYSE:HUBS) during the second quarter, HoldingsChannel reports. The fund bought 7,983 shares of the software maker’s stock, valued at approximately $1,457,000.

Other large investors have also added to or reduced their stakes in the company. National Bank of Canada FI boosted its holdings in shares of HubSpot by 8.6% in the 3rd quarter. National Bank of Canada FI now owns 379 shares of the software maker’s stock worth $177,000 after purchasing an additional 30 shares in the last quarter. Rakuten Securities Inc. raised its holdings in shares of HubSpot by 783.3% during the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after buying an additional 47 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of HubSpot by 2.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,784 shares of the software maker’s stock valued at $994,000 after buying an additional 51 shares in the last quarter. Elevation Point Wealth Partners LLC raised its holdings in shares of HubSpot by 3.3% during the 4th quarter. Elevation Point Wealth Partners LLC now owns 1,738 shares of the software maker’s stock valued at $697,000 after buying an additional 55 shares in the last quarter. Finally, Turning Point Benefit Group Inc. bought a new stake in HubSpot in the 3rd quarter worth approximately $25,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

HubSpot Price Performance

Shares of HUBS stock opened at $237.65 on Wednesday. The business has a 50-day moving average of $211.91 and a 200 day moving average of $223.29. HubSpot, Inc. has a 1-year low of $169.63 and a 1-year high of $525.51. The stock has a market capitalization of $11.85 billion, a PE ratio of 83.98, a P/E/G ratio of 2.64 and a beta of 1.19.

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Sanford C. Bernstein lowered HubSpot from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $381.00 to $220.00 in a research note on Thursday, August 6th. TD Cowen lowered their price objective on shares of HubSpot from $250.00 to $220.00 and set a “hold” rating for the company in a report on Thursday, August 6th. Oppenheimer lowered shares of HubSpot from an “outperform” rating to a “market perform” rating in a report on Thursday, August 6th. The Goldman Sachs Group set a $276.00 price objective on shares of HubSpot in a research note on Thursday, August 6th. Finally, UBS Group set a $287.00 target price on shares of HubSpot in a report on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, HubSpot presently has an average rating of “Hold” and an average target price of $268.90.

Insider Buying and Selling

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $221.09, for a total transaction of $1,879,265.00. Following the completion of the sale, the director owned 85,000 shares of the company’s stock, valued at $18,792,650. This represents a 9.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Gerald Dischler purchased 925 shares of the business’s stock in a transaction on Monday, August 10th. The stock was purchased at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the acquisition, the director owned 1,940 shares in the company, valued at approximately $418,904.20. The trade was a 91.13% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 26,202 shares of company stock valued at $5,477,709 over the last three months. 3.70% of the stock is owned by company insiders.

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.