HubSpot, Inc. $HUBS Shares Sold by Comerica Bank

Key Points

• Comerica Bank sharply reduced its HubSpot stake in the fourth quarter, cutting holdings by 79.1% and selling 12,961 shares. It ended the period with 3,420 shares valued at about $1.37 million.
• HubSpot beat quarterly expectations and raised guidance. For the quarter, it reported EPS of $2.72 on revenue of $881 million, both ahead of estimates, and revenue rose 23.4% year over year. The company also guided above analyst expectations for Q2 2026 and FY 2026 EPS.
• Despite recent target cuts, Wall Street remains generally positive. The stock has a “Moderate Buy” consensus rating, with 22 Buy ratings versus five Holds and two Sells, and an average price target of $315.85.

Comerica Bank lowered its holdings in HubSpot, Inc. (NYSE:HUBS - Free Report) by 79.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,420 shares of the software maker's stock after selling 12,961 shares during the quarter. Comerica Bank's holdings in HubSpot were worth $1,372,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. Pictet Asset Management Holding SA raised its stake in HubSpot by 32.7% in the 4th quarter. Pictet Asset Management Holding SA now owns 1,935,587 shares of the software maker's stock valued at $776,714,000 after purchasing an additional 476,740 shares during the last quarter. Vanguard Group Inc. lifted its stake 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 valued at $2,683,659,000 after purchasing an additional 345,524 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of HubSpot by 89.2% in the 3rd quarter. AQR Capital Management LLC now owns 546,436 shares of the software maker's stock valued at $255,623,000 after purchasing an additional 257,577 shares in the last quarter. Atreides Management LP acquired a new position in HubSpot during the 3rd quarter worth approximately $113,878,000. Finally, Danica Pension Livsforsikringsaktieselskab acquired a new position in HubSpot during the 3rd quarter worth approximately $99,737,000. Hedge funds and other institutional investors own 90.39% of the company's stock.

HubSpot Price Performance

Shares of HUBS stock opened at $196.87 on Friday. HubSpot, Inc. has a fifty-two week low of $180.50 and a fifty-two week high of $682.57. The stock's 50-day moving average is $243.61 and its two-hundred day moving average is $317.94. The firm has a market cap of $10.13 billion, a P/E ratio of 103.07, a PEG ratio of 3.33 and a beta of 1.23.

HubSpot (NYSE:HUBS - Get Free Report) last issued its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.25. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.The company had revenue of $881.00 million for the quarter, compared to analyst estimates of $863.32 million. During the same period in the prior year, the firm posted $1.84 EPS. The business's revenue 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. As a group, research analysts expect that HubSpot, Inc. will post 3.66 EPS for the current year.

Analyst Upgrades and Downgrades

HUBS has been the topic of a number of recent analyst reports. Truist Financial cut their target price on HubSpot from $300.00 to $230.00 and set a "buy" rating on the stock in a research report on Friday. Needham & Company LLC lowered their price objective on HubSpot from $700.00 to $300.00 and set a "buy" rating for the company in a research note on Thursday, February 12th. Canaccord Genuity Group set a $335.00 price objective on HubSpot in a research note on Friday. Sanford C. Bernstein set a $381.00 price target on HubSpot in a research note on Friday. Finally, UBS Group cut their price objective on HubSpot from $260.00 to $250.00 and set a "buy" rating for the company in a report on Friday. Twenty-two analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, HubSpot presently has an average rating of "Moderate Buy" and an average price target of $315.85.

Insider Transactions at HubSpot

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

HubSpot News Roundup

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 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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