Andra AP fonden Cuts Stake in HubSpot, Inc. $HUBS

Andra AP fonden lessened its position in HubSpot, Inc. (NYSE:HUBS) by 83.5% in the 1st quarter, Holdings Channel reports. The fund owned 4,772 shares of the software maker’s stock after selling 24,120 shares during the period. Andra AP fonden’s holdings in HubSpot were worth $1,165,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Empowered Funds LLC boosted its stake 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 valued at $897,000 after buying an additional 737 shares in the last quarter. NewEdge Advisors LLC raised its position in HubSpot by 12.1% in the second quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock worth $2,665,000 after acquiring an additional 516 shares in the last quarter. Treasurer of the State of North Carolina raised its position in HubSpot by 4.7% in the second 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 in the last quarter. Osterweis Capital Management Inc. purchased a new stake in shares of HubSpot during the 2nd quarter worth $34,000. Finally, Alliancebernstein L.P. boosted its position in shares of 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 purchasing an additional 97,469 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

HUBS has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price target on shares of HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Raymond James Financial reaffirmed an “outperform” rating and issued a $250.00 price objective on shares of HubSpot in a research note on Friday, May 8th. Piper Sandler reduced their price objective on HubSpot from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Friday, May 8th. UBS Group reaffirmed a “buy” rating on shares of HubSpot in a research note on Tuesday. Finally, Mizuho reduced their target price on HubSpot from $300.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, HubSpot has an average rating of “Moderate Buy” and a consensus target price of $308.32.

Insider Activity at HubSpot

In other news, insider Erika Ashley Fisher sold 915 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $236.66, for a total transaction of $216,543.90. Following the completion of the sale, the insider owned 16,270 shares in the company, valued at approximately $3,850,458.20. The trade was a 5.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $184.42, for a total transaction of $1,567,570.00. Following the transaction, the director directly owned 93,500 shares in the company, valued at approximately $17,243,270. This trade represents a 8.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have bought 14,063 shares of company stock valued at $2,585,781 and have sold 17,915 shares valued at $3,654,114. Company insiders own 3.70% of the company’s stock.

HubSpot Stock Performance

HUBS stock opened at $190.11 on Friday. The stock has a market capitalization of $9.74 billion, a P/E ratio of 99.54, a PEG ratio of 2.24 and a beta of 1.22. The company has a 50 day moving average price of $200.73 and a two-hundred day moving average price of $238.73. HubSpot, Inc. has a one year low of $169.63 and a one year high of $568.16.

HubSpot (NYSE:HUBS) last released its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The firm had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. During the same period in the prior 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 earnings per share for the current fiscal 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.