Parallel Advisors LLC Raises Stake in HubSpot, Inc. $HUBS

Parallel Advisors LLC boosted its holdings in HubSpot, Inc. (NYSE:HUBS) by 746.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,291 shares of the software maker’s stock after purchasing an additional 4,666 shares during the period. Parallel Advisors LLC’s holdings in HubSpot were worth $2,124,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Prudential PLC lifted its stake in HubSpot by 14.8% in the fourth quarter. Prudential PLC now owns 1,068 shares of the software maker’s stock worth $429,000 after purchasing an additional 138 shares during the last quarter. Westfield Capital Management Co. LP lifted its stake in HubSpot by 162.5% in the fourth quarter. Westfield Capital Management Co. LP now owns 352,154 shares of the software maker’s stock worth $141,319,000 after purchasing an additional 217,979 shares during the last quarter. Vise Technologies Inc. lifted its stake in HubSpot by 14.1% in the fourth quarter. Vise Technologies Inc. now owns 557 shares of the software maker’s stock worth $224,000 after purchasing an additional 69 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in HubSpot by 7.1% in the fourth quarter. Daiwa Securities Group Inc. now owns 13,878 shares of the software maker’s stock worth $5,569,000 after purchasing an additional 920 shares during the last quarter. Finally, State of Wyoming lifted its stake in HubSpot by 310.0% in the fourth quarter. State of Wyoming now owns 451 shares of the software maker’s stock worth $181,000 after purchasing an additional 341 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Insider Buying and Selling at HubSpot

In other HubSpot news, CEO Yamini Rangan bought 2,750 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of $189.84 per share, for a total transaction of $522,060.00. Following the acquisition, the chief executive officer owned 102,982 shares in the company, valued at approximately $19,550,102.88. This represents a 2.74% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CTO Dharmesh Shah bought 10,000 shares of HubSpot stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of $181.37 per share, for a total transaction of $1,813,700.00. Following the completion of the transaction, the chief technology officer directly owned 1,295,400 shares in the company, valued at approximately $234,946,698. This trade represents a 0.78% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders purchased 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $6,233,049. Insiders own 3.70% of the company’s stock.

Analysts Set New Price Targets

HUBS has been the subject of several recent research reports. Bank of America reiterated an “underperform” rating and issued a $180.00 price objective (down from $300.00) on shares of HubSpot in a research report on Friday, May 8th. Mizuho lowered their price target on shares of HubSpot from $300.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, May 8th. BTIG Research reissued a “buy” rating and set a $300.00 price target on shares of HubSpot in a research report on Tuesday, April 21st. Zacks Research cut shares of HubSpot from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 14th. Finally, Citigroup downgraded shares of HubSpot from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $321.00 to $230.00 in a research note on Friday, May 8th. Twenty-two analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $311.00.

HubSpot Stock Performance

HUBS opened at $211.90 on Friday. The stock has a market capitalization of $10.85 billion, a PE ratio of 110.94, a price-to-earnings-growth ratio of 2.33 and a beta of 1.21. The stock’s 50 day moving average price is $218.71 and its 200-day moving average price is $283.71. HubSpot, Inc. has a 52-week low of $173.25 and a 52-week high of $610.61.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The business had revenue of $881.00 million for the quarter, compared to analysts’ expectations of $863.32 million. During the same quarter in the previous year, the business posted $1.84 earnings per share. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Research analysts forecast that HubSpot, Inc. will post 4.39 EPS for the current fiscal year.

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.