13,353 Shares of HubSpot, Inc. $HUBS Purchased by Crossmark Global Holdings Inc.

Key Points

• Crossmark Global Holdings acquired 13,353 HubSpot shares worth approximately $2.7 million during the third quarter, while institutional investors collectively owned 90.39% of the stock.
• Analyst sentiment remains mixed: HubSpot has an average rating of “Hold” and a consensus price target of $266.58, following several rating and price-target reductions.
• HubSpot exceeded quarterly expectations, reporting $3.26 in earnings per share and $911.74 million in revenue, up 19.8% year over year; insiders have nevertheless sold $6.2 million of stock over the past 90 days.

Crossmark Global Holdings Inc. acquired a new position in HubSpot, Inc. (NYSE:HUBS - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 13,353 shares of the software maker's stock, valued at approximately $2,737,000.

A number of other institutional investors have also made changes to their positions in HUBS. Quadrant Capital Group LLC bought a new stake in shares of HubSpot in the third quarter valued at approximately $591,000. Nisa Investment Advisors LLC increased its position in HubSpot by 1,047.4% during the third quarter. Nisa Investment Advisors LLC now owns 7,940 shares of the software maker's stock worth $1,628,000 after acquiring an additional 7,248 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in HubSpot by 2.3% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 329,389 shares of the software maker's stock valued at $67,518,000 after purchasing an additional 7,327 shares during the last quarter. Miller Financial Services LLC raised its stake in HubSpot by 2.9% during the 3rd quarter. Miller Financial Services LLC now owns 1,405 shares of the software maker's stock valued at $288,000 after purchasing an additional 40 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in HubSpot by 16.2% during the 3rd quarter. IFP Advisors Inc now owns 1,071 shares of the software maker's stock valued at $220,000 after purchasing an additional 149 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

HUBS has been the topic of several research analyst reports. William Blair restated a "market perform" rating on shares of HubSpot in a research report on Tuesday, October 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $300.00 price objective on shares of HubSpot in a research report on Tuesday, October 6th. JPMorgan Chase & Co. cut shares of HubSpot from an "overweight" rating to a "neutral" rating and reduced their target price for the company from $268.00 to $240.00 in a research note on Thursday, October 8th. Weiss Ratings raised HubSpot from a "sell (d)" rating to a "sell (d+)" rating in a research report on Friday, October 2nd. Finally, Wolfe Research lowered HubSpot from an "outperform" rating to a "peer perform" rating in a research note on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $266.58.

HubSpot Stock Performance

Shares of HUBS stock opened at $271.30 on Friday. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $497.96. The stock has a market cap of $13.53 billion, a price-to-earnings ratio of 95.86, a P/E/G ratio of 2.80 and a beta of 1.24. The firm has a fifty day moving average of $233.33 and a 200-day moving average of $218.20.

HubSpot (NYSE:HUBS - Get Free Report) last posted its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share for the quarter, beating analysts' consensus estimates of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The business had revenue of $911.74 million for the quarter, compared to analysts' expectations of $898.31 million. The firm's revenue for the quarter was up 19.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.19 earnings per share. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. On average, sell-side analysts predict that HubSpot, Inc. will post 4.63 earnings per share for the current year.

Insider Buying and Selling

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the company's stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total value of $2,036,345.00. Following the sale, the director directly owned 59,500 shares in the company, valued at $14,254,415. This represents a 12.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Gerald Dischler bought 925 shares of the company's stock in a transaction that occurred on Monday, August 10th. The shares were purchased at an average price of $215.93 per share, with a total value of $199,735.25. Following the transaction, the director directly owned 1,940 shares in the company, valued at $418,904.20. This represents a 91.13% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 26,202 shares of company stock worth $6,155,159 in the last 90 days. 3.70% of the stock is owned by company insiders.

HubSpot Profile

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company's offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.

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