HubSpot (NYSE:HUBS) Director Brian Halligan Sells 8,500 Shares of Stock

HubSpot, Inc. (NYSE:HUBS) Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the completion of the sale, the director directly owned 59,500 shares in the company, valued at $14,254,415. This trade represents a 12.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Brian Halligan also recently made the following trade(s):

• On Tuesday, September 15th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $245.64, for a total transaction of $2,087,940.00.
• On Tuesday, August 18th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $219.50, for a total transaction of $1,865,750.00.

HubSpot Stock Performance

NYSE:HUBS opened at $249.80 on Thursday. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $497.96. The company has a 50 day moving average price of $231.85 and a 200 day moving average price of $217.68. The stock has a market capitalization of $12.46 billion, a P/E ratio of 88.27, a PEG ratio of 2.59 and a beta of 1.24.

HubSpot (NYSE:HUBS) last announced its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The company had revenue of $911.74 million for the quarter, compared to analyst estimates of $898.31 million. During the same quarter in the previous year, the company earned $2.19 earnings per share. The firm’s quarterly 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 forecast that HubSpot, Inc. will post 4.63 earnings per share for the current fiscal year.

Hedge Funds Weigh In On HubSpot

Several institutional investors have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in shares of HubSpot in the second quarter valued at $631,386,000. Pictet Asset Management Holding SA grew its stake 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 worth $533,993,000 after purchasing an additional 252,604 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in HubSpot by 352.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker’s stock worth $220,559,000 after purchasing an additional 703,706 shares in the last quarter. Amundi increased its holdings in HubSpot by 33.4% during the 1st quarter. Amundi now owns 586,037 shares of the software maker’s stock worth $143,052,000 after purchasing an additional 146,871 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in HubSpot during the 2nd quarter worth about $112,671,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

HUBS has been the topic of several research analyst reports. Canaccord Genuity Group cut their price objective on HubSpot from $335.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. FBN Securities assumed coverage on HubSpot in a report on Wednesday, September 23rd. They set a “sector perform” rating and a $230.00 target price for the company. JPMorgan Chase & Co. cut HubSpot from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $268.00 to $240.00 in a report on Thursday, October 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 target price on shares of HubSpot in a research report on Tuesday, October 6th. Finally, Oppenheimer lowered shares of HubSpot from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, HubSpot currently has a consensus rating of “Hold” and a consensus target price of $264.97.

About HubSpot

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company’s offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.