Royal Bank of Canada Increases Stock Holdings in HubSpot, Inc. $HUBS

Royal Bank of Canada boosted its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 4.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 178,912 shares of the software maker’s stock after buying an additional 7,433 shares during the quarter. Royal Bank of Canada’s holdings in HubSpot were worth $43,672,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Empowered Funds LLC raised its holdings in shares of HubSpot by 88.5% in the first quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock worth $897,000 after buying an additional 737 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of HubSpot by 12.1% in the 2nd quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock valued at $2,665,000 after acquiring an additional 516 shares during the period. Treasurer of the State of North Carolina raised its stake in HubSpot by 4.7% in the 2nd quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock worth $13,222,000 after acquiring an additional 1,077 shares during the last quarter. Osterweis Capital Management Inc. acquired a new stake in HubSpot during the 2nd quarter worth about $34,000. Finally, Alliancebernstein L.P. lifted its position in HubSpot by 35.0% during the 2nd quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock worth $209,335,000 after acquiring an additional 97,469 shares during the period. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

HubSpot Price Performance

Shares of HUBS stock opened at $237.44 on Monday. HubSpot, Inc. has a 1-year low of $169.63 and a 1-year high of $541.53. The company has a market cap of $12.16 billion, a price-to-earnings ratio of 124.31, a PEG ratio of 2.59 and a beta of 1.19. The stock has a 50 day simple moving average of $204.10 and a 200-day simple moving average of $232.35.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) 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 the consensus estimate of $863.32 million. During the same period last year, the firm posted $1.84 earnings per share. The company’s revenue 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. Analysts anticipate that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal year.

Insider Buying and Selling at HubSpot

In related news, Director Brian Halligan sold 8,500 shares of the company’s stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $221.09, for a total value of $1,879,265.00. Following the completion of the sale, the director owned 85,000 shares of the company’s stock, valued at approximately $18,792,650. This represents a 9.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Yamini Rangan bought 2,750 shares of the stock in a transaction on Tuesday, May 12th. The shares were bought at an average cost of $189.84 per share, with a total value of $522,060.00. Following the purchase, the chief executive officer owned 102,982 shares of the company’s stock, valued at $19,550,102.88. This trade represents a 2.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders bought 14,063 shares of company stock valued at $2,585,781 and sold 25,500 shares valued at $5,316,835. Corporate insiders own 3.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on HUBS shares. Zacks Research upgraded HubSpot from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Barclays reduced their target price on shares of HubSpot from $300.00 to $270.00 and set an “overweight” rating for the company in a report on Monday, May 11th. JPMorgan Chase & Co. cut their price target on HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Wells Fargo & Company reissued an “equal weight” rating and issued a $225.00 price objective (down from $300.00) on shares of HubSpot in a report on Monday, July 20th. Finally, Stifel Nicolaus set a $275.00 price objective on HubSpot in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $307.86.

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.