Jefferies Financial Group Inc. Reduces Holdings in HubSpot, Inc. $HUBS

Key Points

• Jefferies Financial Group cut its HubSpot stake by 77.1% in the fourth quarter, selling 9,590 shares and leaving it with 2,845 shares worth about $1.14 million.
• HubSpot’s latest earnings beat expectations, with Q1 EPS of $2.72 on revenue of $881 million, while revenue rose 23.4% year over year. The company also issued Q2 2026 and FY 2026 EPS guidance above prior expectations.
• Wall Street remains generally positive despite some target cuts: analysts have a consensus Moderate Buy rating with an average price target of $311, and insider activity was mixed, including CEO Yamini Rangan’s recent stock purchase.

Jefferies Financial Group Inc. trimmed its position in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 77.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,845 shares of the software maker's stock after selling 9,590 shares during the quarter. Jefferies Financial Group Inc.'s holdings in HubSpot were worth $1,142,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Thrivent Financial for Lutherans raised its holdings in shares of HubSpot by 23.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 23,789 shares of the software maker's stock worth $11,128,000 after acquiring an additional 4,559 shares during the period. OFI Invest Asset Management raised its holdings in shares of HubSpot by 130.2% during the 4th quarter. OFI Invest Asset Management now owns 99,622 shares of the software maker's stock worth $39,978,000 after acquiring an additional 56,348 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of HubSpot by 65.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,583 shares of the software maker's stock worth $17,891,000 after acquiring an additional 17,713 shares during the period. Slow Capital Inc. raised its holdings in shares of HubSpot by 35.9% during the 4th quarter. Slow Capital Inc. now owns 18,615 shares of the software maker's stock worth $7,470,000 after acquiring an additional 4,913 shares during the period. Finally, Danica Pension Livsforsikringsaktieselskab raised its holdings in shares of HubSpot by 20.0% during the 4th quarter. Danica Pension Livsforsikringsaktieselskab now owns 255,923 shares of the software maker's stock worth $102,702,000 after acquiring an additional 42,718 shares during the period. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

HubSpot Price Performance

NYSE HUBS opened at $197.95 on Friday. The company has a market cap 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. The stock has a 50-day moving average of $221.58 and a two-hundred day moving average of $289.82. HubSpot, Inc. has a 1-year low of $173.25 and a 1-year high of $621.16.

HubSpot (NYSE:HUBS - Get Free Report) last released its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.25. The company had revenue of $881.00 million during the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a return on equity of 5.66% and a net margin of 3.04%.HubSpot's revenue was up 23.4% compared to the same quarter last year. During the same period 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, analysts anticipate that HubSpot, Inc. will post 4.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

HUBS has been the topic of several analyst reports. UBS Group reduced their price target on HubSpot from $260.00 to $250.00 and set a "buy" rating on the stock in a report on Friday, May 8th. Wells Fargo & Company decreased their price target on HubSpot from $350.00 to $300.00 and set an "overweight" rating on the stock in a research note on Friday, May 8th. BMO Capital Markets decreased their price target on HubSpot from $285.00 to $230.00 and set an "outperform" rating on the stock in a research note on Friday, May 8th. Wall Street Zen lowered HubSpot from a "strong-buy" rating to a "buy" rating in a research note on Sunday, April 19th. Finally, Zacks Research lowered HubSpot from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 14th. Twenty-two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $311.00.

Insider Buying and Selling

In other HubSpot news, insider Erika Ashley Fisher sold 915 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $236.66, for a total value of $216,543.90. Following the sale, the insider owned 16,270 shares of the company's stock, valued at $3,850,458.20. This trade represents a 5.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Yamini Rangan purchased 2,750 shares of HubSpot stock in a transaction on Tuesday, May 12th. The stock was bought at an average cost of $189.84 per share, for a total transaction of $522,060.00. Following the transaction, the chief executive officer directly owned 102,982 shares in the company, 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 ninety days, 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 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.

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.