Empowered Funds LLC Takes $3.03 Million Position in HubSpot, Inc. $HUBS

Key Points

• Empowered Funds LLC acquired 16,593 HubSpot shares during the second quarter, establishing a position worth approximately $3.03 million. Institutional investors collectively own 90.39% of the company.
• HubSpot exceeded quarterly expectations, reporting $3.26 in adjusted EPS versus a $3.02 estimate and $911.74 million in revenue, up 19.8% year over year. The company issued fiscal 2026 EPS guidance of $13.23–$13.31.
• Analyst sentiment is mixed: several firms lowered price targets or downgraded the stock, contributing to a consensus “Hold” rating and an average target price of $271.07.

Empowered Funds LLC bought a new position in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 16,593 shares of the software maker's stock, valued at approximately $3,028,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Rakuten Securities Inc. increased its holdings in HubSpot by 783.3% during the 2nd 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. purchased a new stake in shares of HubSpot in the third quarter worth approximately $25,000. Osterweis Capital Management Inc. purchased a new stake in shares of HubSpot in the second quarter worth approximately $34,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of HubSpot in the fourth quarter valued at approximately $33,000. Finally, Larson Financial Group LLC lifted its holdings in shares of HubSpot by 378.9% in the fourth quarter. Larson Financial Group LLC now owns 91 shares of the software maker's stock valued at $37,000 after purchasing an additional 72 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company's stock.

Insider Transactions at HubSpot

In other news, Director Gerald Dischler acquired 925 shares of the company's stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the completion of the purchase, the director owned 1,940 shares in the company, valued at approximately $418,904.20. This trade represents a 91.13% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Erika Ashley Fisher sold 702 shares of the 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 transaction, the insider directly owned 14,581 shares of the company's stock, valued at approximately $3,429,742.82. This trade represents a 4.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 26,202 shares of company stock worth $5,477,709 in the last quarter. Insiders own 3.70% of the company's stock.

HubSpot Stock Performance

HUBS opened at $245.53 on Thursday. The firm has a market cap of $12.24 billion, a P/E ratio of 86.76, a PEG ratio of 2.72 and a beta of 1.18. The firm has a 50-day moving average of $221.02 and a 200 day moving average of $224.38. HubSpot, Inc. has a fifty-two week low of $169.63 and a fifty-two week high of $525.51.

HubSpot (NYSE:HUBS - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, topping the consensus estimate of $3.02 by $0.24. The business had revenue of $911.74 million for the quarter, compared to analyst estimates of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The company'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. Equities research analysts predict that HubSpot, Inc. will post 4.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on HUBS shares. UBS Group set a $287.00 price target on HubSpot in a report on Thursday, August 6th. Royal Bank Of Canada lowered their price target on HubSpot from $350.00 to $300.00 and set an "outperform" rating for the company in a research report on Thursday, August 6th. Capital One Financial set a $206.00 price objective on HubSpot and gave the company an "equal weight" rating in a research note on Thursday, August 6th. Stifel Nicolaus downgraded shares of HubSpot from a "buy" rating to a "hold" rating and cut their price objective for the stock from $275.00 to $200.00 in a report on Thursday, August 6th. Finally, Piper Sandler lowered shares of HubSpot from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $250.00 to $220.00 in a research note on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, HubSpot has an average rating of "Hold" and an average target price of $271.07.

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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