Public Employees Retirement System of Ohio Makes New Investment in HubSpot, Inc. $HUBS

Public Employees Retirement System of Ohio acquired a new stake in HubSpot, Inc. (NYSE:HUBS) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 14,246 shares of the software maker’s stock, valued at approximately $2,600,000.

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

Insider Activity

In other news, Director Gerald Dischler acquired 925 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average cost of $215.93 per share, with a total value of $199,735.25. Following the transaction, the director owned 1,940 shares of the company’s stock, valued at $418,904.20. This trade represents a 91.13% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction dated 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 sale, the director directly owned 85,000 shares in the company, valued at $18,792,650. This trade represents a 9.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 26,202 shares of company stock worth $5,477,709 over the last three months. 3.70% of the stock is currently owned by corporate insiders.

HubSpot Price Performance

Shares of NYSE HUBS opened at $247.24 on Friday. HubSpot, Inc. has a 1 year low of $169.63 and a 1 year high of $525.51. The firm has a 50-day moving average of $223.98 and a 200 day moving average of $224.63. The stock has a market cap of $12.33 billion, a P/E ratio of 87.36, a price-to-earnings-growth ratio of 2.67 and a beta of 1.18.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, topping analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business had revenue of $911.74 million for the quarter, compared to analysts’ expectations of $898.31 million. During the same quarter in the prior year, the company earned $2.19 earnings per share. The business’s revenue was up 19.8% compared to the same quarter last year. 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 expect that HubSpot, Inc. will post 4.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently issued reports on HUBS. Stifel Nicolaus cut HubSpot from a “buy” rating to a “hold” rating and cut their target price for the stock from $275.00 to $200.00 in a research note on Thursday, August 6th. BMO Capital Markets lowered HubSpot from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $230.00 to $215.00 in a research report on Thursday, August 6th. Capital One Financial set a $206.00 price objective on HubSpot and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. Wolfe Research cut HubSpot from an “outperform” rating to a “peer perform” rating in a research note on Thursday, August 6th. Finally, Oppenheimer cut HubSpot from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $271.07.

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.