4,728 Shares in HubSpot, Inc. $HUBS Purchased by State of Alaska Department of Revenue

Key Points

• Alaska’s Department of Revenue bought 4,728 HubSpot shares worth approximately $969,000 during the third quarter. Institutional investors own 90.39% of the company, with BlackRock and Arrowstreet among the notable holders.
• HubSpot exceeded quarterly expectations, reporting $3.26 in EPS and $911.74 million in revenue, while revenue increased 19.8% year over year. The stock opened at $249.80, with a market capitalization of $12.46 billion.
• Analyst sentiment remains mixed: 12 analysts rate HubSpot a Buy, 20 a Hold and two a Sell, producing an overall “Hold” rating and an average price target of $264.97.

State of Alaska Department of Revenue purchased a new position in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,728 shares of the software maker's stock, valued at approximately $969,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HUBS. BlackRock Inc. acquired a new stake in shares of HubSpot in the second quarter valued at approximately $631,386,000. Arrowstreet Capital Limited Partnership grew its position in shares of HubSpot by 352.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker's stock worth $220,559,000 after acquiring an additional 703,706 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of HubSpot in the 2nd quarter valued at $112,671,000. Bank of America Corp DE acquired a new position in shares of HubSpot in the 2nd quarter valued at $70,174,000. Finally, Edmond DE Rothschild Holding S.A. acquired a new position in shares of HubSpot in the 2nd quarter valued at $64,616,000. Hedge funds and other institutional investors own 90.39% of the company's stock.

Insider Buying and Selling at HubSpot

In other news, insider Erika Fisher sold 702 shares of the firm's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the completion of the sale, the insider owned 14,581 shares in the company, valued at approximately $3,429,742.82. This trade represents a 4.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gerald Dischler bought 925 shares of HubSpot stock in a transaction dated Monday, August 10th. The stock was purchased at an average price of $215.93 per share, with a total value of $199,735.25. Following the purchase, the director directly owned 1,940 shares in the company, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have sold 26,202 shares of company stock valued at $6,155,159. 3.70% of the stock is owned by company insiders.

HubSpot Trading Down 0.4%

NYSE:HUBS opened at $249.80 on Thursday. The firm has a market cap of $12.46 billion, a P/E ratio of 78.86, a PEG ratio of 2.59 and a beta of 1.24. The stock's 50 day simple moving average is $231.85 and its 200-day simple moving average is $217.68. HubSpot, Inc. has a 12-month low of $169.63 and a 12-month high of $497.96.

HubSpot (NYSE:HUBS - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping the consensus estimate of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The business had revenue of $911.74 million during the quarter, compared to analysts' expectations of $898.31 million. During the same quarter in the prior year, the business earned $2.19 earnings per share. The company's quarterly revenue was up 19.8% compared to the same quarter last year. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Research analysts forecast that HubSpot, Inc. will post 4.63 EPS for the current fiscal year.

Analyst Ratings Changes

HUBS has been the subject of several research reports. Stephens upped their price target on shares of HubSpot from $251.00 to $255.00 and gave the company an "equal weight" rating in a research report on Monday, September 21st. BMO Capital Markets raised their price objective on shares of HubSpot from $215.00 to $250.00 and gave the stock a "market perform" rating in a research report on Monday, September 21st. Citigroup lowered their price objective on shares of HubSpot from $217.00 to $210.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Needham & Company LLC restated a "buy" rating and issued a $300.00 price objective on shares of HubSpot in a research note on Tuesday, October 6th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of HubSpot in a report on Tuesday, October 6th. Twelve analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, HubSpot has an average rating of "Hold" and an average target price of $264.97.

About HubSpot

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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