HubSpot, Inc. $HUBS Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lessened its holdings in shares of HubSpot, Inc. (NYSE:HUBS) by 4.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 67,349 shares of the software maker’s stock after selling 3,414 shares during the quarter. California Public Employees Retirement System’s holdings in HubSpot were worth $16,440,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Empowered Funds LLC lifted its holdings in 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 acquiring an additional 737 shares during the last quarter. NewEdge Advisors LLC lifted its holdings 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 worth $2,665,000 after purchasing an additional 516 shares during the last quarter. Treasurer of the State of North Carolina boosted its position in HubSpot by 4.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock valued at $13,222,000 after purchasing an additional 1,077 shares during the period. Osterweis Capital Management Inc. acquired a new position in HubSpot during the 2nd quarter valued at approximately $34,000. Finally, Alliancebernstein L.P. grew its stake 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 buying an additional 97,469 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

HubSpot Stock Down 7.2%

Shares of HUBS opened at $190.11 on Friday. The firm has a 50-day moving average price of $200.73 and a 200 day moving average price of $238.73. The firm has a market capitalization of $9.74 billion, a PE ratio of 99.54, a P/E/G ratio of 2.24 and a beta of 1.22. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $568.16.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The company had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. During the same period in the previous year, the firm earned $1.84 EPS. HubSpot’s revenue was up 23.4% on a year-over-year basis. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. On average, equities analysts expect that HubSpot, Inc. will post 4.39 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Royal Bank Of Canada dropped their target price on HubSpot from $400.00 to $350.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Raymond James Financial restated an “outperform” rating and set a $250.00 price target on shares of HubSpot in a research report on Friday, May 8th. Bank of America reaffirmed an “underperform” rating and issued a $180.00 price objective (down from $300.00) on shares of HubSpot in a report on Friday, May 8th. Stifel Nicolaus set a $275.00 price objective on shares of HubSpot in a research report on Friday, May 8th. Finally, Wells Fargo & Company reissued an “equal weight” rating and set a $225.00 target price (down from $300.00) on shares of HubSpot in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, HubSpot presently has an average rating of “Moderate Buy” and an average price target of $308.32.

Insider Buying and Selling at HubSpot

In related news, CTO Dharmesh Shah acquired 10,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average price of $181.37 per share, for a total transaction of $1,813,700.00. Following the completion of the purchase, the chief technology officer directly owned 1,295,400 shares of the company’s stock, valued at $234,946,698. The trade was a 0.78% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $184.42, for a total value of $1,567,570.00. Following the sale, the director directly owned 93,500 shares in the company, valued at approximately $17,243,270. The trade was a 8.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have acquired 14,063 shares of company stock valued at $2,585,781 and have sold 17,915 shares valued at $3,654,114. Insiders own 3.70% of the company’s stock.

HubSpot 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.