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

HubSpot, Inc. (NYSE:HUBS) Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $184.42, for a total value of $1,567,570.00. Following the sale, the director owned 93,500 shares of the company’s stock, valued at approximately $17,243,270. This represents a 8.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, May 19th, Brian Halligan sold 8,500 shares of HubSpot stock. The shares were sold at an average price of $220.00, for a total transaction of $1,870,000.00.
• On Tuesday, April 21st, Brian Halligan sold 8,292 shares of HubSpot stock. The stock was sold at an average price of $230.72, for a total transaction of $1,913,130.24.

HubSpot Trading Up 0.0%

HUBS opened at $176.04 on Friday. The company’s 50 day moving average is $208.51 and its 200 day moving average is $271.39. The company has a market cap of $9.02 billion, a price-to-earnings ratio of 92.17, a PEG ratio of 1.93 and a beta of 1.21. HubSpot, Inc. has a 12-month low of $171.65 and a 12-month high of $568.16.

HubSpot (NYSE:HUBS) last announced its earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates 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 firm’s revenue was up 23.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.84 earnings per share. 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, analysts predict that HubSpot, Inc. will post 4.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HUBS shares. Jefferies Financial Group reissued a “buy” rating and set a $250.00 price target on shares of HubSpot in a report on Friday, May 8th. Citigroup cut 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 report on Friday, May 8th. Canaccord Genuity Group set a $335.00 price objective on HubSpot in a research note on Friday, May 8th. JPMorgan Chase & Co. cut their price objective on HubSpot from $530.00 to $425.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Finally, Sanford C. Bernstein set a $381.00 target price on shares of HubSpot in a report on Friday, May 8th. Twenty-one investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, HubSpot currently has an average rating of “Moderate Buy” and an average price target of $311.00.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of HubSpot by 6.4% during the third quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker’s stock valued at $2,683,659,000 after buying an additional 345,524 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of HubSpot by 36.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,581,922 shares of the software maker’s stock worth $1,838,727,000 after buying an additional 1,224,424 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in shares of HubSpot by 13.1% during the first quarter. Pictet Asset Management Holding SA now owns 2,188,191 shares of the software maker’s stock worth $533,993,000 after acquiring an additional 252,604 shares during the last quarter. State Street Corp boosted its position in shares of HubSpot by 3.7% during the fourth quarter. State Street Corp now owns 1,191,843 shares of the software maker’s stock worth $478,287,000 after acquiring an additional 42,948 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in HubSpot by 117.6% during the fourth quarter. AQR Capital Management LLC now owns 1,188,981 shares of the software maker’s stock valued at $477,138,000 after acquiring an additional 642,545 shares in the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

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.