Motley Fool Asset Management LLC Sells 7,456 Shares of HubSpot, Inc. $HUBS

Key Points

• Motley Fool Asset Management cut its HubSpot stake by 79.2% in the third quarter, selling 7,456 shares and retaining 1,959 shares valued at approximately $402,000.
• HubSpot reported quarterly EPS of $3.26, exceeding the $3.02 consensus estimate, while revenue rose 19.8% year over year to $911.74 million.
• Analysts maintain a consensus “Hold” rating on HubSpot, with an average price target of $272.13 versus a recent share price of $239.89; institutional investors own 90.39% of the stock.

Motley Fool Asset Management LLC trimmed its position in shares of HubSpot, Inc. (NYSE:HUBS - Free Report) by 79.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,959 shares of the software maker's stock after selling 7,456 shares during the quarter. Motley Fool Asset Management LLC's holdings in HubSpot were worth $402,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of HubSpot during the 2nd quarter valued at about $631,386,000. Arrowstreet Capital Limited Partnership boosted its position in HubSpot by 352.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 903,559 shares of the software maker's stock worth $220,559,000 after purchasing an additional 703,706 shares in the last quarter. Amundi grew its holdings in HubSpot by 33.4% in the first quarter. Amundi now owns 586,037 shares of the software maker's stock valued at $143,052,000 after purchasing an additional 146,871 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in HubSpot in the second quarter valued at approximately $112,671,000. Finally, Spyglass Capital Management LLC grew its holdings in HubSpot by 18.5% in the first quarter. Spyglass Capital Management LLC now owns 313,922 shares of the software maker's stock valued at $76,628,000 after purchasing an additional 48,993 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

HubSpot Price Performance

Shares of HubSpot stock opened at $239.89 on Friday. The business has a 50 day simple moving average of $234.80 and a two-hundred day simple moving average of $233.43. HubSpot, Inc. has a 12 month low of $169.63 and a 12 month high of $497.96. The stock has a market capitalization of $11.96 billion, a P/E ratio of 84.77, a PEG ratio of 2.53 and a beta of 1.24.

HubSpot (NYSE:HUBS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.02 by $0.24. HubSpot had a return on equity of 8.66% and a net margin of 4.26%. The firm had revenue of $911.74 million for the quarter, compared to analyst estimates of $898.31 million. During the same period in the previous year, the company posted $2.19 earnings per share. The business's revenue was up 19.8% on a year-over-year basis. 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, research analysts anticipate that HubSpot, Inc. will post 4.63 EPS for the current fiscal year.

Insider Transactions at HubSpot

In other news, insider Erika Fisher sold 702 shares of the firm's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $235.22, for a total value of $165,124.44. Following the transaction, the insider directly owned 14,581 shares of the company's stock, valued at approximately $3,429,742.82. This trade represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Brian Halligan sold 8,500 shares of the business's stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $239.57, for a total transaction of $2,036,345.00. Following the transaction, the director owned 59,500 shares in the company, valued at $14,254,415. The trade was a 12.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 26,202 shares of company stock valued at $6,155,159 over the last 90 days. 3.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Wells Fargo & Company boosted their price objective on HubSpot from $200.00 to $250.00 and gave the company an "equal weight" rating in a research report on Wednesday. Citigroup increased their target price on HubSpot from $210.00 to $287.00 and gave the company a "neutral" rating in a research report on Tuesday. Raymond James Financial cut shares of HubSpot from an "outperform" rating to a "market perform" rating in a research note on Monday, October 5th. Capital One Financial lowered shares of HubSpot from an "overweight" rating to an "equal weight" rating and set a $206.00 price target for the company. in a report on Thursday, August 6th. Finally, William Blair restated a "market perform" rating on shares of HubSpot in a research report on Tuesday, October 6th. Eleven research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $272.13.

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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