Northwestern Mutual Wealth Management Co. Raises Stock Holdings in HubSpot, Inc. $HUBS

Northwestern Mutual Wealth Management Co. lifted its stake in shares of HubSpot, Inc. (NYSE:HUBS) by 76.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,983 shares of the software maker’s stock after acquiring an additional 3,459 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in HubSpot were worth $1,457,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its stake in shares of HubSpot by 36.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock valued at $1,838,727,000 after buying an additional 1,224,424 shares during the period. BlackRock Inc. purchased a new stake in shares of HubSpot in the second quarter valued at $631,386,000. Pictet Asset Management Holding SA grew its position in shares of HubSpot by 13.1% in the first quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock valued at $533,993,000 after purchasing an additional 252,604 shares during the period. State Street Corp increased its stake in HubSpot by 3.7% in the fourth quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock valued at $478,287,000 after purchasing an additional 42,948 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in HubSpot by 117.6% during the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock worth $477,138,000 after buying an additional 642,545 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insider Buying and Selling at HubSpot

In other news, Director Gerald Dischler acquired 925 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were bought at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the completion of the purchase, the director directly owned 1,940 shares of the company’s stock, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction on 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 transaction, the director directly owned 76,500 shares in the company, valued at approximately $16,791,750. The trade was a 10.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 26,202 shares of company stock valued at $5,477,709 over the last 90 days. 3.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

HUBS has been the subject of a number of research analyst reports. JPMorgan Chase & Co. dropped their price objective on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Wall Street Zen downgraded shares of HubSpot from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Oppenheimer downgraded shares of HubSpot from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Stifel Nicolaus lowered shares of HubSpot from a “buy” rating to a “hold” rating and decreased their price target for the company from $275.00 to $200.00 in a report on Thursday, August 6th. Finally, Raymond James Financial restated an “outperform” rating and set a $250.00 price objective on shares of HubSpot in a report on Friday, May 8th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $271.07.

HubSpot Price Performance

NYSE:HUBS opened at $247.24 on Friday. The business’s 50-day moving average is $223.98 and its two-hundred day moving average is $224.63. The firm has a market capitalization of $12.33 billion, a PE ratio of 87.36, a price-to-earnings-growth ratio of 2.75 and a beta of 1.18. HubSpot, Inc. has a 12 month low of $169.63 and a 12 month high of $525.51.

HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 8.66% and a net margin of 4.26%.The company’s revenue was up 19.8% compared to the same quarter last year. During the same quarter in the prior 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. Equities analysts anticipate that HubSpot, Inc. will post 4.55 EPS for the current year.

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.