7,482 Shares in HubSpot, Inc. $HUBS Acquired by Oppenheimer Asset Management Inc.

Key Points

• Oppenheimer Asset Management acquired 7,482 HubSpot shares worth approximately $1.37 million in the second quarter. Institutional investors and hedge funds collectively own 90.39% of the company.
• HubSpot reported quarterly EPS of $3.26, beating estimates of $3.02, while revenue rose 19.8% year over year to $911.74 million. The company provided fiscal 2026 EPS guidance of $13.23–$13.31.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $268.90, compared with the stock’s reported opening price of $223.94. An insider purchase was offset by broader insider selling over the past quarter.

Oppenheimer Asset Management Inc. purchased a new position in HubSpot, Inc. (NYSE:HUBS - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 7,482 shares of the software maker's stock, valued at approximately $1,366,000.

Several other large investors also recently bought and sold shares of the company. Rakuten Securities Inc. lifted its position in shares of HubSpot by 783.3% during the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker's stock worth $30,000 after purchasing an additional 47 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new stake in HubSpot during the 3rd quarter valued at $25,000. Osterweis Capital Management Inc. acquired a new stake in HubSpot during the 2nd quarter valued at $34,000. Cary Street Partners Investment Advisory LLC acquired a new stake in HubSpot during the 4th quarter valued at $33,000. Finally, Larson Financial Group LLC increased its stake in HubSpot by 378.9% during the 4th quarter. Larson Financial Group LLC now owns 91 shares of the software maker's stock worth $37,000 after buying an additional 72 shares during the period. Institutional investors and hedge funds own 90.39% of the company's stock.

HubSpot Price Performance

Shares of HUBS stock opened at $223.94 on Monday. The firm has a fifty day moving average of $205.84 and a two-hundred day moving average of $225.51. The firm has a market cap of $11.17 billion, a P/E ratio of 79.13, a P/E/G ratio of 2.29 and a beta of 1.19. HubSpot, Inc. has a 1-year low of $169.63 and a 1-year high of $525.51.

HubSpot (NYSE:HUBS - Get Free Report) last issued its earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) 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 analyst estimates of $898.31 million. During the same quarter in the prior year, the business posted $2.19 EPS. The company's revenue for the quarter was up 19.8% on a year-over-year basis. 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 expect that HubSpot, Inc. will post 4.54 EPS for the current year.

Insider Buying and Selling at HubSpot

In other news, Director Gerald Dischler purchased 925 shares of the stock in a transaction dated Monday, August 10th. The stock was acquired at an average cost of $215.93 per share, for a total transaction of $199,735.25. Following the acquisition, the director owned 1,940 shares of the company's stock, valued at $418,904.20. The trade was a 91.13% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Brian Halligan sold 8,500 shares of the business's stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of $221.09, for a total value of $1,879,265.00. Following the completion of the sale, the director owned 85,000 shares of the company's stock, valued at $18,792,650. This trade represents a 9.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 26,202 shares of company stock worth $5,481,959 over the last quarter. 3.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on HUBS. Canaccord Genuity Group cut their price objective on shares of HubSpot from $335.00 to $300.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Truist Financial lowered their target price on HubSpot from $300.00 to $230.00 and set a "buy" rating for the company in a research note on Friday, May 8th. Bank of America reaffirmed an "underperform" rating and set a $200.00 target price on shares of HubSpot in a research report on Thursday, August 6th. JPMorgan Chase & Co. cut their price target on HubSpot from $530.00 to $425.00 and set an "overweight" rating on the stock in a research note on Friday, May 8th. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of HubSpot in a report on Wednesday, June 24th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, HubSpot currently has a consensus rating of "Hold" and a consensus target price of $268.90.

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.

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