Ballentine Partners LLC Buys 14,014 Shares of HubSpot, Inc. $HUBS

Key Points

• Ballentine Partners LLC increased its HubSpot stake by 711% in the fourth quarter, buying 14,014 additional shares and bringing its total holdings to 15,985 shares worth about $6.4 million.
• HubSpot reported a strong Q1 2026 earnings beat, with EPS of $2.72 versus $2.47 expected and revenue of $881 million versus $863.3 million expected, up 23.4% year over year.
• The company also raised guidance for Q2 and full-year 2026, while analysts remain generally constructive with a consensus rating of Moderate Buy and an average price target of $315.85.

Ballentine Partners LLC lifted its stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 711.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,985 shares of the software maker's stock after purchasing an additional 14,014 shares during the quarter. Ballentine Partners LLC's holdings in HubSpot were worth $6,415,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. lifted its position in HubSpot by 783.3% during the second quarter. Rakuten Securities Inc. now owns 53 shares of the software maker's stock valued at $30,000 after purchasing an additional 47 shares during the last quarter. Strategic Advocates LLC bought a new position in shares of HubSpot in the 3rd quarter worth $25,000. Turning Point Benefit Group Inc. bought a new position in shares of HubSpot in the 3rd quarter worth $25,000. Osterweis Capital Management Inc. bought a new stake in shares of HubSpot during the 2nd quarter worth $34,000. Finally, Exane Asset Management bought a new stake in shares of HubSpot during the 3rd quarter worth $30,000. Institutional investors own 90.39% of the company's stock.

Insiders Place Their Bets

In other news, insider Erika Ashley Fisher sold 915 shares of the company's stock in a transaction on Monday, May 4th. The shares were sold at an average price of $236.66, for a total transaction of $216,543.90. Following the completion of the sale, the insider owned 16,270 shares of the company's stock, valued at $3,850,458.20. This represents a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Brian Halligan sold 8,500 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $262.75, for a total value of $2,233,375.00. Following the completion of the sale, the director directly owned 370,558 shares of the company's stock, valued at approximately $97,364,114.50. This represents a 2.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 25,968 shares of company stock worth $6,453,082 in the last 90 days. 4.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Wall Street Zen cut HubSpot from a "strong-buy" rating to a "buy" rating in a report on Sunday, April 19th. Zacks Research lowered shares of HubSpot from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 14th. Canaccord Genuity Group set a $335.00 price target on HubSpot in a research note on Friday. Barclays decreased their target price on shares of HubSpot from $525.00 to $300.00 and set an "overweight" rating for the company in a research note on Thursday, February 12th. Finally, Truist Financial dropped their price objective on shares of HubSpot from $300.00 to $230.00 and set a "buy" rating on the stock in a report on Friday. Twenty-two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $315.85.

Key Headlines Impacting HubSpot

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot beat Q1 estimates, with EPS of $2.72 versus $2.47 expected and revenue of $881 million versus $863.3 million expected, while revenue rose 23.4% year over year. HubSpot Reports Strong Q1 2026 Results
• Positive Sentiment: The company also raised guidance, projecting Q2 EPS of $3.00-$3.02 and FY2026 EPS of $13.04-$13.12, both above analyst expectations, which supports the long-term growth thesis. HubSpot (HUBS) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Several firms still maintain bullish ratings despite cutting price targets, including JPMorgan, RBC, Wells Fargo, Mizuho, Morgan Stanley and Piper Sandler, signaling Wall Street still sees upside from current levels. Analyst price target updates

HubSpot Stock Performance

Shares of NYSE HUBS opened at $196.87 on Friday. The company has a market capitalization of $10.13 billion, a PE ratio of 103.07, a price-to-earnings-growth ratio of 3.33 and a beta of 1.23. The company's fifty day moving average price is $243.61 and its 200 day moving average price is $317.94. HubSpot, Inc. has a 1 year low of $180.50 and a 1 year high of $682.57.

HubSpot (NYSE:HUBS - Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $881.00 million for the quarter, compared to analysts' expectations of $863.32 million. During the same quarter last year, the company earned $1.84 EPS. The firm's revenue for the quarter was up 23.4% compared to the same quarter last year. 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 3.66 EPS for the current year.

About HubSpot

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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