Key Points
- HubSpot director Brian Halligan sold 8,500 shares on May 19 at an average price of $220, totaling about $1.87 million. After the sale, he still owned 353,500 shares worth roughly $77.8 million.
- This was part of a recent pattern of insider selling by Halligan, who also sold 8,292 shares on April 21 and 8,500 shares on March 17 at higher prices.
- HubSpot reported solid quarterly results, beating EPS and revenue estimates, though analysts have been trimming price targets. The stock has also fallen well below its 52-week high, recently trading around $199.
HubSpot, Inc. (NYSE:HUBS - Get Free Report) Director Brian Halligan sold 8,500 shares of the company's stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $220.00, for a total value of $1,870,000.00. Following the completion of the transaction, the director owned 353,500 shares in the company, valued at approximately $77,770,000. The trade was a 2.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Brian Halligan also recently made the following trade(s):
- On Tuesday, April 21st, Brian Halligan sold 8,292 shares of HubSpot stock. The stock was sold at an average price of $230.72, for a total value of $1,913,130.24.
- On Tuesday, March 17th, Brian Halligan sold 8,500 shares of HubSpot stock. The stock was sold at an average price of $262.75, for a total value of $2,233,375.00.
HubSpot Stock Performance
HUBS stock opened at $198.98 on Friday. The company has a market capitalization of $10.19 billion, a price-to-earnings ratio of 104.18, a PEG ratio of 2.23 and a beta of 1.23. HubSpot, Inc. has a fifty-two week low of $173.25 and a fifty-two week high of $632.39. The stock has a fifty day moving average of $227.77 and a 200-day moving average of $298.42.
HubSpot (NYSE:HUBS - Get Free Report) last posted its earnings results on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) 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 firm had revenue of $881.00 million for the quarter, compared to the consensus estimate of $863.32 million. During the same quarter in the prior year, the business posted $1.84 earnings per share. The business's quarterly revenue was up 23.4% on a year-over-year basis. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Equities analysts predict that HubSpot, Inc. will post 4.39 EPS for the current year.
Analyst Ratings Changes
A number of brokerages have recently issued reports on HUBS. BTIG Research reissued a "buy" rating and issued a $300.00 price target on shares of HubSpot in a report on Tuesday, April 21st. Morgan Stanley lowered their target price on shares of HubSpot from $405.00 to $350.00 and set an "overweight" rating on the stock in a research note on Friday, May 8th. Wells Fargo & Company cut their price target on shares of HubSpot from $350.00 to $300.00 and set an "overweight" rating for the company in a report on Friday, May 8th. Barclays cut their price target on shares of HubSpot from $300.00 to $270.00 and set an "overweight" rating for the company in a report on Monday, May 11th. Finally, Cantor Fitzgerald downgraded shares of HubSpot from an "overweight" rating to a "neutral" rating and cut their price target for the company from $325.00 to $200.00 in a report on Friday, May 8th. Twenty-two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $311.00.
Read Our Latest Report on HUBS
Institutional Trading of HubSpot
A number of hedge funds have recently made changes to their positions in HUBS. Fifth Third Bancorp grew its position in HubSpot by 2.5% in the third quarter. Fifth Third Bancorp now owns 1,076 shares of the software maker's stock worth $503,000 after acquiring an additional 26 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in shares of HubSpot by 5.7% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 522 shares of the software maker's stock worth $244,000 after purchasing an additional 28 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of HubSpot by 9.1% in the 3rd quarter. Bessemer Group Inc. now owns 335 shares of the software maker's stock worth $156,000 after purchasing an additional 28 shares in the last quarter. National Bank of Canada FI increased its position in shares of HubSpot by 8.6% during the 3rd quarter. National Bank of Canada FI now owns 379 shares of the software maker's stock valued at $177,000 after purchasing an additional 30 shares during the last quarter. Finally, Westside Investment Management Inc. increased its position in shares of HubSpot by 80.5% during the 3rd quarter. Westside Investment Management Inc. now owns 74 shares of the software maker's stock valued at $33,000 after purchasing an additional 33 shares during the last quarter. 90.39% of the stock is owned by institutional investors.
HubSpot Company Profile
(
Get Free Report)
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.
Further Reading
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