Geode Capital Management LLC Raises Position in HubSpot, Inc. $HUBS

Geode Capital Management LLC raised its holdings in HubSpot, Inc. (NYSE:HUBS) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 971,712 shares of the software maker’s stock after acquiring an additional 14,159 shares during the quarter. Geode Capital Management LLC’s holdings in HubSpot were worth $388,917,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HUBS. Strategic Advocates LLC purchased a new position in HubSpot in the 3rd quarter valued at approximately $25,000. Turning Point Benefit Group Inc. purchased a new position in HubSpot in the 3rd quarter valued at approximately $25,000. Rakuten Securities Inc. boosted its position in HubSpot by 783.3% in the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker’s stock valued at $30,000 after buying an additional 47 shares during the period. Westside Investment Management Inc. boosted its position in HubSpot by 80.5% in the 3rd quarter. Westside Investment Management Inc. now owns 74 shares of the software maker’s stock valued at $33,000 after buying an additional 33 shares during the period. Finally, Cary Street Partners Investment Advisory LLC purchased a new position in HubSpot in the 4th quarter valued at approximately $33,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insider Activity

In related news, insider Erika Ashley Fisher sold 915 shares of HubSpot stock in a transaction on Monday, May 4th. The shares were sold at an average price of $236.66, for a total transaction of $216,543.90. Following the sale, the insider directly owned 16,270 shares in the company, valued at $3,850,458.20. This trade represents a 5.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Lorrie M. Norrington purchased 1,313 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of $190.42 per share, for a total transaction of $250,021.46. Following the completion of the purchase, the director directly owned 2,838 shares in the company, valued at $540,411.96. This represents a 86.10% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders acquired 14,063 shares of company stock worth $2,585,781 and sold 26,207 shares worth $6,233,049. 3.70% of the stock is owned by insiders.

HubSpot Trading Up 0.2%

HubSpot stock opened at $221.08 on Monday. The stock has a market cap of $11.32 billion, a P/E ratio of 115.75, a price-to-earnings-growth ratio of 2.40 and a beta of 1.22. The company has a fifty day simple moving average of $220.76 and a 200-day simple moving average of $288.66. HubSpot, Inc. has a 12-month low of $173.25 and a 12-month high of $621.16.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.25. The business had revenue of $881.00 million during the quarter, compared to analysts’ expectations of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.84 EPS. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. As a group, sell-side analysts forecast that HubSpot, Inc. will post 4.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on HUBS. Wells Fargo & Company decreased their price objective on shares of HubSpot from $350.00 to $300.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Evercore set a $225.00 price objective on shares of HubSpot in a research report on Friday, May 8th. BNP Paribas Exane cut shares of HubSpot from an “outperform” rating to a “neutral” rating and set a $210.00 price objective for the company. in a research report on Monday, May 11th. Citigroup cut shares of HubSpot from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $321.00 to $230.00 in a research report on Friday, May 8th. Finally, UBS Group decreased their price objective on shares of HubSpot from $260.00 to $250.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Twenty-two research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.00.

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.