Assetmark Inc. Lowers Stock Holdings in HubSpot, Inc. $HUBS

Assetmark Inc. reduced its holdings in HubSpot, Inc. (NYSE:HUBS) by 67.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,688 shares of the software maker’s stock after selling 11,785 shares during the quarter. Assetmark Inc.’s holdings in HubSpot were worth $1,388,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Turning Point Benefit Group Inc. acquired a new stake in HubSpot in the 3rd quarter worth about $25,000. Rakuten Securities Inc. increased its stake in shares of 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 acquiring an additional 47 shares during the last quarter. Cary Street Partners Investment Advisory LLC acquired a new position in shares of HubSpot during the 4th quarter valued at about $33,000. Osterweis Capital Management Inc. purchased a new position in shares of HubSpot during the 2nd quarter worth about $34,000. Finally, Larson Financial Group LLC grew its holdings in HubSpot by 378.9% in the fourth quarter. Larson Financial Group LLC now owns 91 shares of the software maker’s stock valued at $37,000 after purchasing an additional 72 shares during the period. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $184.42, for a total value of $1,567,570.00. Following the transaction, the director owned 93,500 shares in the company, valued at $17,243,270. The trade was a 8.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Erika Ashley Fisher sold 915 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $236.66, for a total transaction of $216,543.90. Following the completion of the transaction, the insider directly owned 16,270 shares of the company’s stock, valued at approximately $3,850,458.20. The trade was a 5.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have bought 14,063 shares of company stock worth $2,585,781 and have sold 17,915 shares worth $3,654,114. Corporate insiders own 3.70% of the company’s stock.

HubSpot News Summary

Here are the key news stories impacting HubSpot this week:

• Positive Sentiment: HubSpot debuted Agent Hub, a new offering designed to unify AI agents, reinforcing its push into AI-powered workflow tools and giving investors a fresh growth narrative. HubSpot Debuts Agent Hub to Unify AI Agents
• Positive Sentiment: Several research notes highlighted HubSpot as a beneficiary of expanding AI adoption and strong demand for AI-infused software, which can support sentiment around the stock. 4 Software Stocks Poised to Benefit From Expanding AI Adoption
• Positive Sentiment: Citigroup lowered its price target to $217 from $230, but kept a Buy rating, implying roughly 5.7% upside from the current share price and signaling continued analyst confidence. Benzinga report on Citi target cut
• Neutral Sentiment: HubSpot reversed a customer data policy after privacy backlash, which may reduce reputational risk, but also underscores sensitivity around data practices. HubSpot Reverses Customer Data Policy After Backlash Over Privacy Concerns
• Neutral Sentiment: Management and product updates continue to emphasize AI and revenue workflow improvements, helping reinforce the long-term growth story, though these updates are not a near-term catalyst by themselves. HubSpot June 2026 updates
• Negative Sentiment: HubSpot director Brian Halligan sold 8,500 shares for about $1.9 million, which can weigh on sentiment even if the sale may be routine. HubSpot Director Brian Halligan Sells 8,500 Shares
• Negative Sentiment: Some commentary says HUBS still looks overvalued despite its AI agent launch, and Wells Fargo reportedly cut the stock to Hold, reflecting valuation caution that could cap gains. HubSpot Stock Still Looks Overvalued As AI Agent Tools Launch HubSpot Cut to Hold at Wells Fargo

HubSpot Stock Performance

HubSpot stock opened at $205.38 on Friday. The firm has a market capitalization of $10.52 billion, a PE ratio of 107.53, a price-to-earnings-growth ratio of 2.07 and a beta of 1.22. HubSpot, Inc. has a one year low of $169.63 and a one year high of $568.16. The stock’s 50 day moving average price is $200.86 and its 200 day moving average price is $238.49.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.25. The company had revenue of $881.00 million during the quarter, compared to the consensus estimate of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. HubSpot’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter last year, the company earned $1.84 earnings per share. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. On average, analysts forecast that HubSpot, Inc. will post 4.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on HUBS. Bank of America reaffirmed an “underperform” rating and issued a $180.00 target price (down from $300.00) on shares of HubSpot in a research report on Friday, May 8th. KeyCorp dropped their price target on HubSpot from $340.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Barclays cut their price objective on HubSpot from $300.00 to $270.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Evercore set a $225.00 price objective on HubSpot in a research note on Friday, May 8th. Finally, BMO Capital Markets decreased their target price on HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $307.86.

About HubSpot

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.