Maxi Investments CY Ltd Invests $6.84 Million in HubSpot, Inc. $HUBS

Key Points

• Maxi Investments CY Ltd purchased 37,500 HubSpot shares worth approximately $6.84 million, making HubSpot its 21st-largest holding and representing about 1.4% of its portfolio.
• Institutional investors own 90.39% of HubSpot, while recent insider activity was mixed: a director bought 925 shares, but insiders sold more than 26,000 shares worth $5.48 million over the past 90 days.
• HubSpot exceeded quarterly earnings and revenue estimates, reporting $3.26 in EPS and $911.74 million in revenue. Analysts hold a consensus “Hold” rating with an average price target of $268.90, despite several recent downgrades.

Maxi Investments CY Ltd purchased a new stake in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 37,500 shares of the software maker's stock, valued at approximately $6,844,000. HubSpot comprises approximately 1.4% of Maxi Investments CY Ltd's holdings, making the stock its 21st biggest position. Maxi Investments CY Ltd owned 0.08% of HubSpot as of its most recent filing with the Securities & Exchange Commission.

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

Insider Activity at HubSpot

In other HubSpot news, insider Erika Ashley Fisher sold 702 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total transaction of $165,124.44. Following the completion of the sale, the insider directly owned 14,581 shares of the company's stock, valued at approximately $3,429,742.82. This represents a 4.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gerald Dischler purchased 925 shares of the firm's stock in a transaction on Monday, August 10th. The stock was acquired at an average price of $215.93 per share, for a total transaction of $199,735.25. Following the completion of the transaction, 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. Over the last ninety days, insiders sold 26,202 shares of company stock worth $5,477,709. 3.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

HUBS has been the topic of several recent analyst reports. UBS Group set a $287.00 price objective on HubSpot in a research report on Thursday, August 6th. Wall Street Zen lowered HubSpot from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 4th. Stifel Nicolaus cut shares of HubSpot from a "buy" rating to a "hold" rating and lowered their target price for the company from $275.00 to $200.00 in a research note on Thursday, August 6th. Citigroup dropped their price target on shares of HubSpot from $217.00 to $210.00 and set a "buy" rating on the stock in a report on Friday, August 7th. Finally, Stephens downgraded shares of HubSpot from an "overweight" rating to a "hold" rating and set a $251.00 price objective on the stock. in a research report on Thursday, August 6th. Fifteen equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $268.90.

HubSpot Stock Performance

Shares of NYSE:HUBS opened at $240.26 on Monday. The stock's 50-day simple moving average is $209.65 and its two-hundred day simple moving average is $223.34. The stock has a market capitalization of $11.98 billion, a price-to-earnings ratio of 84.90, a PEG ratio of 2.46 and a beta of 1.19. HubSpot, Inc. has a 52-week low of $169.63 and a 52-week high of $525.51.

HubSpot (NYSE:HUBS - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating the consensus estimate of $3.02 by $0.24. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The firm had revenue of $911.74 million during the quarter, compared to analyst estimates of $898.31 million. During the same quarter in the prior year, the firm earned $2.19 EPS. The business's revenue for the quarter was up 19.8% compared to the same quarter last year. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. As a group, equities analysts forecast that HubSpot, Inc. will post 4.54 earnings per share for the current fiscal year.

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.

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