Maxi Investments CY Ltd Sells 16,906 Shares of HubSpot, Inc. $HUBS

Key Points

• Maxi Investments CY Ltd cut its HubSpot stake by 45.1% in the third quarter, selling 16,906 shares and retaining 20,594 shares valued at approximately $4.22 million.
• HubSpot reported quarterly EPS of $3.26, beating consensus estimates of $3.02, while revenue rose 19.8% year over year to $911.74 million. Institutional investors own 90.39% of the company.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $268.84; insiders have sold 26,202 shares worth about $6.16 million over the past three months.

Maxi Investments CY Ltd lessened its stake in HubSpot, Inc. (NYSE:HUBS - Free Report) by 45.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,594 shares of the software maker's stock after selling 16,906 shares during the quarter. Maxi Investments CY Ltd's holdings in HubSpot were worth $4,221,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Access Investment Management LLC bought a new stake in shares of HubSpot in the 3rd quarter valued at approximately $32,000. Signaturefd LLC raised its position in shares of HubSpot by 28.7% during the 3rd quarter. Signaturefd LLC now owns 1,689 shares of the software maker's stock valued at $346,000 after acquiring an additional 377 shares in the last quarter. Citizens Financial Group Inc. RI lifted its stake in HubSpot by 158.5% during the third quarter. Citizens Financial Group Inc. RI now owns 4,720 shares of the software maker's stock worth $968,000 after purchasing an additional 2,894 shares during the last quarter. Fifth Third Wealth Advisors LLC bought a new position in HubSpot during the third quarter worth $347,000. Finally, Yousif Capital Management LLC bought a new position in HubSpot during the third quarter worth $2,659,000. Institutional investors own 90.39% of the company's stock.

HubSpot Trading Down 2.5%

Shares of HubSpot stock opened at $264.07 on Tuesday. The stock has a market capitalization of $13.17 billion, a price-to-earnings ratio of 93.31, a PEG ratio of 2.80 and a beta of 1.24. HubSpot, Inc. has a twelve month low of $169.63 and a twelve month high of $497.96. The business's 50 day simple moving average is $232.87 and its 200-day simple moving average is $236.10.

HubSpot (NYSE:HUBS - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.02 by $0.24. The business had revenue of $911.74 million during the quarter, compared to analyst estimates of $898.31 million. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The business's revenue for the quarter was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.19 EPS. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. Sell-side analysts predict that HubSpot, Inc. will post 4.63 earnings per share for the current year.

Wall Street Analyst Weigh In

HUBS has been the subject of a number of research reports. BMO Capital Markets lifted their price objective on shares of HubSpot from $215.00 to $250.00 and gave the stock a "market perform" rating in a report on Monday, September 21st. The Goldman Sachs Group set a $276.00 target price on shares of HubSpot in a report on Thursday, August 6th. Piper Sandler downgraded shares of HubSpot from an "overweight" rating to a "neutral" rating and reduced their price target for the stock from $250.00 to $220.00 in a research report on Thursday, August 6th. Citigroup reduced their price target on shares of HubSpot from $217.00 to $210.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Finally, Weiss Ratings raised shares of HubSpot from a "sell (d)" rating to a "sell (d+)" rating in a report on Friday, October 2nd. Twelve investment analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, HubSpot has an average rating of "Hold" and a consensus price target of $268.84.

Insider Buying and Selling at HubSpot

In other news, Director Gerald Dischler purchased 925 shares of HubSpot stock in a transaction dated Monday, August 10th. The stock was bought at an average price of $215.93 per share, with a total value of $199,735.25. Following the completion of the acquisition, the director owned 1,940 shares in the company, valued at $418,904.20. The trade was a 91.13% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Brian Halligan sold 8,500 shares of the business's stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the transaction, the director directly owned 59,500 shares of the company's stock, valued at approximately $14,254,415. This trade represents a 12.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 26,202 shares of company stock worth $6,155,159. 3.70% of the stock is owned by insiders.

HubSpot Profile

HubSpot, Inc is a cloud-based customer relationship management (CRM) platform provider serving businesses that want to attract, engage and retain customers. Its platform brings together tools for marketing, sales, customer service, content management, operations and commerce, helping organizations manage customer interactions across the customer lifecycle.

The company's offerings include marketing automation, email marketing, lead generation, website and content management, sales pipeline and engagement tools, customer support and help-desk capabilities, reporting and analytics, and payment and commerce features.

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