HubSpot, Inc. $HUBS Position Reduced by Assetmark Inc.

Assetmark Inc. lessened its stake in HubSpot, Inc. (NYSE:HUBS) by 67.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,688 shares of the software maker’s stock after selling 11,785 shares during the quarter. Assetmark Inc.’s holdings in HubSpot were worth $1,388,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Bessemer Group Inc. increased its holdings in HubSpot by 104.6% in the first quarter. Bessemer Group Inc. now owns 667 shares of the software maker’s stock valued at $163,000 after buying an additional 341 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of HubSpot in the 1st quarter worth approximately $218,000. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in shares of HubSpot in the 1st quarter valued at approximately $2,813,000. D.A. Davidson & CO. bought a new stake in shares of HubSpot in the 1st quarter valued at approximately $386,000. Finally, Illinois Municipal Retirement Fund raised its position in shares of HubSpot by 2.8% during the 1st quarter. Illinois Municipal Retirement Fund now owns 14,295 shares of the software maker’s stock valued at $3,489,000 after acquiring an additional 396 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Insider Buying and Selling at HubSpot

In related news, Director Brian Halligan sold 8,500 shares of the 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 completion of the transaction, the director directly owned 93,500 shares of the company’s stock, valued at $17,243,270. This represents a 8.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Yamini Rangan bought 2,750 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average price of $189.84 per share, for a total transaction of $522,060.00. Following the completion of the transaction, the chief executive officer owned 102,982 shares in the company, valued at $19,550,102.88. This trade represents a 2.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders acquired 14,063 shares of company stock valued at $2,585,781 and sold 17,915 shares valued at $3,654,114. Corporate insiders own 3.70% of the company’s stock.

Key Stories Impacting HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot debuted Agent Hub, a new offering designed to unify AI agents, reinforcing its push into AI-powered workflow tools and giving investors a fresh growth narrative. HubSpot Debuts Agent Hub to Unify AI Agents
• Positive Sentiment: Several research notes highlighted HubSpot as a beneficiary of expanding AI adoption and strong demand for AI-infused software, which can support sentiment around the stock. 4 Software Stocks Poised to Benefit From Expanding AI Adoption
• Positive Sentiment: Citigroup lowered its price target to $217 from $230, but kept a Buy rating, implying roughly 5.7% upside from the current share price and signaling continued analyst confidence. Benzinga report on Citi target cut
• Neutral Sentiment: HubSpot reversed a customer data policy after privacy backlash, which may reduce reputational risk, but also underscores sensitivity around data practices. HubSpot Reverses Customer Data Policy After Backlash Over Privacy Concerns
• Neutral Sentiment: Management and product updates continue to emphasize AI and revenue workflow improvements, helping reinforce the long-term growth story, though these updates are not a near-term catalyst by themselves. HubSpot June 2026 updates
• Negative Sentiment: HubSpot director Brian Halligan sold 8,500 shares for about $1.9 million, which can weigh on sentiment even if the sale may be routine. HubSpot Director Brian Halligan Sells 8,500 Shares
• Negative Sentiment: Some commentary says HUBS still looks overvalued despite its AI agent launch, and Wells Fargo reportedly cut the stock to Hold, reflecting valuation caution that could cap gains. HubSpot Stock Still Looks Overvalued As AI Agent Tools Launch HubSpot Cut to Hold at Wells Fargo

HubSpot Stock Up 8.1%

Shares of NYSE:HUBS opened at $205.38 on Friday. The company’s 50-day moving average price is $200.86 and its 200 day moving average price is $238.49. The company has a market cap of $10.52 billion, a PE ratio of 107.53, a P/E/G ratio of 2.07 and a beta of 1.22. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $568.16.

HubSpot (NYSE:HUBS) last posted its earnings results on Thursday, May 7th. The software maker reported $2.72 EPS for the quarter, topping the consensus estimate of $2.47 by $0.25. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The firm had revenue of $881.00 million during the quarter, compared to analysts’ expectations of $863.32 million. During the same quarter in the prior year, the firm earned $1.84 EPS. HubSpot’s quarterly 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. As a group, equities analysts anticipate that HubSpot, Inc. will post 4.39 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. William Blair lowered shares of HubSpot from an “outperform” rating to a “market perform” rating in a research note on Friday, May 8th. Cantor Fitzgerald cut shares of HubSpot from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $325.00 to $200.00 in a report on Friday, May 8th. Weiss Ratings restated a “sell (d)” rating on shares of HubSpot in a research report on Wednesday, June 24th. Finally, KeyCorp decreased their price target on shares of HubSpot from $340.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, HubSpot presently has an average rating of “Moderate Buy” and an average target price of $307.86.

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.