VIRGINIA RETIREMENT SYSTEMS ET Al Purchases 7,600 Shares of HubSpot, Inc. $HUBS

by · The Markets Daily

VIRGINIA RETIREMENT SYSTEMS ET Al grew its position in HubSpot, Inc. (NYSE:HUBS – Free Report) by 13.0% in the third quarter, Holdings Channel.com reports. The fund owned 66,088 shares of the software maker’s stock after buying an additional 7,600 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in HubSpot were worth $13,547,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Parcion Private Wealth LLC boosted its holdings in HubSpot by 91.6% in the third quarter. Parcion Private Wealth LLC now owns 2,441 shares of the software maker’s stock worth $500,000 after purchasing an additional 1,167 shares during the period. Choreo LLC bought a new stake in HubSpot during the third quarter valued at $218,000. Interchange Capital Partners LLC increased its stake in HubSpot by 8.9% during the third quarter. Interchange Capital Partners LLC now owns 1,424 shares of the software maker’s stock valued at $292,000 after purchasing an additional 116 shares during the last quarter. D.A. Davidson & CO. raised its holdings in shares of HubSpot by 9.3% during the third quarter. D.A. Davidson & CO. now owns 2,398 shares of the software maker’s stock worth $492,000 after purchasing an additional 204 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. raised its holdings in shares of HubSpot by 942.7% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,220 shares of the software maker’s stock worth $250,000 after purchasing an additional 1,103 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Insider Buying and Selling at HubSpot

In other news, insider Erika 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 value 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gerald Dischler purchased 925 shares of HubSpot stock in a transaction dated Monday, August 10th. The stock was bought at an average cost of $215.93 per share, with a total value of $199,735.25. Following the completion of the purchase, the director owned 1,940 shares in the company, valued at approximately $418,904.20. This trade represents a 91.13% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have sold 26,202 shares of company stock valued at $6,155,159. Company insiders own 3.70% of the company’s stock.

HubSpot Stock Performance

Shares of HUBS stock opened at $234.54 on Friday. HubSpot, Inc. has a 1 year low of $169.63 and a 1 year high of $497.96. The firm has a market capitalization of $11.70 billion, a PE ratio of 82.88, a price-to-earnings-growth ratio of 2.39 and a beta of 1.24. The stock has a fifty day moving average of $234.71 and a two-hundred day moving average of $232.72.

HubSpot (NYSE:HUBS – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating 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 company had revenue of $911.74 million for the quarter, compared to analyst estimates of $898.31 million. During the same period last year, the company earned $2.19 earnings per share. The company’s quarterly revenue 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. Equities research analysts predict that HubSpot, Inc. will post 4.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently issued reports on HUBS. BTIG Research raised their price target on shares of HubSpot from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 23rd. UBS Group set a $265.00 price objective on shares of HubSpot and gave the company a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. lowered shares of HubSpot from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $268.00 to $240.00 in a research note on Thursday, October 8th. Barclays cut shares of HubSpot from an “overweight” rating to an “equal weight” rating and set a $240.00 target price on the stock. in a report on Monday, October 12th. Finally, Weiss Ratings upgraded HubSpot from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, October 2nd. Eleven investment analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, HubSpot presently has a consensus rating of “Hold” and an average price target of $272.77.

Get Our Latest Stock Report on HubSpot

HubSpot Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding HUBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HubSpot, Inc. (NYSE:HUBS – Free Report).