HubSpot, Inc. $HUBS Position Lifted by Ilmarinen Mutual Pension Insurance Co

Key Points

• Ilmarinen Mutual Pension Insurance Co more than doubled its HubSpot stake in the fourth quarter, increasing holdings by 107.2% to 34,979 shares worth about $14 million. Institutional investors now own roughly 90.39% of the company.
• HubSpot reported better-than-expected quarterly results, with EPS of $2.72 versus $2.47 expected and revenue of $881 million versus $863.32 million estimated. Revenue rose 23.4% year over year, and the company issued Q2 and full-year 2026 guidance.
• Shares of HUBS were down 1.4% and have fallen well below their 50-day and 200-day moving averages. Analysts remain mostly constructive, with a consensus rating of Moderate Buy and an average price target of $311.

Ilmarinen Mutual Pension Insurance Co raised its stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 107.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,979 shares of the software maker's stock after acquiring an additional 18,100 shares during the quarter. Ilmarinen Mutual Pension Insurance Co owned approximately 0.07% of HubSpot worth $14,037,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in HUBS. Vanguard Group Inc. lifted its position in shares of HubSpot by 6.4% in the 3rd quarter. Vanguard Group Inc. now owns 5,736,765 shares of the software maker's stock worth $2,683,659,000 after buying an additional 345,524 shares during the last quarter. Pictet Asset Management Holding SA grew its stake in HubSpot by 32.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker's stock worth $776,714,000 after buying an additional 476,740 shares during the last quarter. State Street Corp grew its stake in HubSpot by 1.9% during the 3rd quarter. State Street Corp now owns 1,148,895 shares of the software maker's stock worth $537,453,000 after buying an additional 21,358 shares during the last quarter. Geode Capital Management LLC grew its stake in HubSpot by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker's stock worth $388,917,000 after buying an additional 14,159 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in HubSpot by 89.2% during the 3rd quarter. AQR Capital Management LLC now owns 546,436 shares of the software maker's stock worth $255,623,000 after buying an additional 257,577 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on HUBS shares. BTIG Research reiterated a "buy" rating and issued a $300.00 price objective on shares of HubSpot in a research report on Tuesday, April 21st. JPMorgan Chase & Co. reduced their price target on shares of HubSpot from $530.00 to $425.00 and set an "overweight" rating for the company in a research note on Friday, May 8th. Mizuho reduced their price target on shares of HubSpot from $300.00 to $260.00 and set an "outperform" rating for the company in a research note on Friday, May 8th. Canaccord Genuity Group set a $335.00 price target on shares of HubSpot in a research note on Friday, May 8th. Finally, KeyCorp reduced their price target on shares of HubSpot from $340.00 to $290.00 and set an "overweight" rating for the company in a research note on Friday, May 8th. Twenty-two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $311.00.

HubSpot Stock Down 1.4%

Shares of HUBS stock opened at $197.95 on Friday. The stock has a 50-day simple moving average of $221.58 and a 200 day simple moving average of $289.82. The stock has a market capitalization of $10.14 billion, a P/E ratio of 103.64, a P/E/G ratio of 2.20 and a beta of 1.23. HubSpot, Inc. has a fifty-two week low of $173.25 and a fifty-two week high of $621.16.

HubSpot (NYSE:HUBS - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.25. The company had revenue of $881.00 million for the quarter, compared to analysts' expectations of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The business's revenue was up 23.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.84 EPS. 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, sell-side analysts anticipate that HubSpot, Inc. will post 4.39 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Brian Halligan sold 8,500 shares of HubSpot stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $220.00, for a total value of $1,870,000.00. Following the transaction, the director directly owned 353,500 shares of the company's stock, valued at $77,770,000. This trade represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Yamini Rangan bought 2,750 shares of the company's stock in a transaction dated Tuesday, May 12th. The stock was purchased at an average cost of $189.84 per share, for a total transaction of $522,060.00. Following the completion of the transaction, the chief executive officer owned 102,982 shares of the company's stock, valued at $19,550,102.88. This represents a 2.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have acquired 14,063 shares of company stock worth $2,585,781 and have sold 26,207 shares worth $6,233,049. 4.00% of the stock is currently owned by company insiders.

HubSpot Company 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.

Want to see what other hedge funds are holding HUBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HubSpot, Inc. (NYSE:HUBS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.