Engineers Gate Manager LP Purchases 25,441 Shares of HubSpot, Inc. $HUBS

Key Points

• Engineers Gate Manager LP increased its HubSpot stake by 58.8% in the second quarter, purchasing 25,441 additional shares and bringing its total holdings to 68,704 shares valued at approximately $12.5 million.
• 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 issued fiscal 2026 EPS guidance of $13.23–$13.31.
• Analyst sentiment is mixed: HubSpot has a consensus “Hold” rating from 33 analysts, with an average price target of $271.07. Shares recently opened at $223.45, while insiders reported net selling activity in the latest quarter.

Engineers Gate Manager LP lifted its position in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 58.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,704 shares of the software maker's stock after purchasing an additional 25,441 shares during the period. Engineers Gate Manager LP owned about 0.14% of HubSpot worth $12,539,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in HUBS. National Bank of Canada FI boosted its position in HubSpot by 8.6% during the 3rd quarter. National Bank of Canada FI now owns 379 shares of the software maker's stock worth $177,000 after buying an additional 30 shares during the period. Rakuten Securities Inc. increased its position in HubSpot by 783.3% in the 2nd quarter. Rakuten Securities Inc. now owns 53 shares of the software maker's stock valued at $30,000 after acquiring an additional 47 shares during the period. Orion Porfolio Solutions LLC increased its position in HubSpot by 2.9% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,784 shares of the software maker's stock valued at $994,000 after acquiring an additional 51 shares during the period. Elevation Point Wealth Partners LLC raised its stake in shares of HubSpot by 3.3% during the fourth quarter. Elevation Point Wealth Partners LLC now owns 1,738 shares of the software maker's stock valued at $697,000 after acquiring an additional 55 shares during the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of HubSpot during the third quarter worth $25,000. Institutional investors and hedge funds own 90.39% of the company's stock.

Insider Activity at HubSpot

In other HubSpot news, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction 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 directly owned 85,000 shares of the company's stock, valued at approximately $18,792,650. The trade was a 9.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gerald Dischler acquired 925 shares of the company's stock in a transaction dated Monday, August 10th. The shares were bought at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the acquisition, the director directly owned 1,940 shares of the company's stock, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold 26,202 shares of company stock worth $5,477,709 in the last quarter. Company insiders own 3.70% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on HUBS. Capital One Financial set a $206.00 price objective on shares of HubSpot and gave the stock an "equal weight" rating in a research note on Thursday, August 6th. Royal Bank Of Canada cut their target price on HubSpot from $350.00 to $300.00 and set an "outperform" rating on the stock in a report on Thursday, August 6th. Morgan Stanley set a $287.00 price target on HubSpot in a research note on Thursday, August 6th. Oppenheimer lowered HubSpot from an "outperform" rating to a "market perform" rating in a research note on Thursday, August 6th. Finally, Wells Fargo & Company downgraded shares of HubSpot from an "overweight" rating to a "neutral" rating in a research report on Thursday, August 6th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $271.07.

HubSpot Price Performance

Shares of NYSE:HUBS opened at $223.45 on Friday. HubSpot, Inc. has a 1 year low of $169.63 and a 1 year high of $525.51. The business's 50-day moving average is $227.88 and its 200-day moving average is $224.30. The company has a market capitalization of $11.14 billion, a price-to-earnings ratio of 78.96, a P/E/G ratio of 2.48 and a beta of 1.18.

HubSpot (NYSE:HUBS - Get Free Report) last released its 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 last year, the firm posted $2.19 earnings per share. The firm's revenue 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. Analysts anticipate that HubSpot, Inc. will post 4.55 EPS for the current year.

HubSpot Company Profile

HubSpot, Inc develops cloud-based customer relationship management (CRM) and marketing software for businesses. Its platform is designed to help organizations attract prospects, manage customer interactions, close sales and provide ongoing service through an integrated set of tools.

The company's products include Marketing Hub, Sales Hub, Service Hub, Content Hub, Operations Hub and Commerce Hub. These offerings support marketing automation, sales engagement, customer support, content management, data integration, payments and other commercial activities.

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