Empowered Funds LLC Acquires Shares of 16,593 HubSpot, Inc. $HUBS

Empowered Funds LLC bought a new position in shares of HubSpot, Inc. (NYSE:HUBS) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 16,593 shares of the software maker’s stock, valued at approximately $3,028,000.

Several other large investors have also recently modified their holdings of the business. Turning Point Benefit Group Inc. bought a new stake in shares of HubSpot in the third quarter valued at approximately $25,000. Rakuten Securities Inc. boosted its holdings in HubSpot by 783.3% in the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock worth $30,000 after buying an additional 47 shares during the period. Cary Street Partners Investment Advisory LLC bought a new position in HubSpot in the 4th quarter worth approximately $33,000. Osterweis Capital Management Inc. purchased a new position in HubSpot in the 2nd quarter valued at approximately $34,000. Finally, Larson Financial Group LLC grew its stake in HubSpot by 378.9% in the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock valued at $37,000 after buying an additional 72 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

HubSpot Trading Down 2.2%

HubSpot stock opened at $245.53 on Thursday. The firm’s 50 day simple moving average is $221.02 and its 200 day simple moving average is $224.38. The firm has a market capitalization of $12.24 billion, a PE ratio of 86.76, a price-to-earnings-growth ratio of 2.72 and a beta of 1.18. HubSpot, Inc. has a 1-year low of $169.63 and a 1-year high of $525.51.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating the consensus estimate of $3.02 by $0.24. The firm 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 business’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same period last year, the firm earned $2.19 EPS. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Research analysts forecast that HubSpot, Inc. will post 4.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on HUBS. Citigroup lowered their target price on shares of HubSpot from $217.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Royal Bank Of Canada cut their price target on HubSpot from $350.00 to $300.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. BTIG Research reduced their price target on HubSpot from $300.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Jefferies Financial Group reiterated a “buy” rating and set a $250.00 price objective on shares of HubSpot in a research note on Friday, May 8th. Finally, Sanford C. Bernstein cut HubSpot from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $381.00 to $220.00 in a report on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $271.07.

Insider Activity at HubSpot

In related news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $219.50, for a total transaction of $1,865,750.00. Following the completion of the transaction, the director directly owned 76,500 shares in the company, valued at $16,791,750. The trade was a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Erika Ashley Fisher sold 702 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $3,429,742.82. The trade was a 4.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 26,202 shares of company stock valued at $5,477,709. Company insiders own 3.70% of the company’s stock.

HubSpot Company 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.