<div id="readability-page-1"><p>Swiss National Bank decreased its stake in  HubSpot, Inc. (NYSE:HUBS - Free Report) by 3.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 144,500 shares of the software maker's stock after selling 5,500 shares during the period. Swiss National Bank owned about 0.28% of HubSpot worth $67,597,000 at the end of the most recent quarter.</p><ul><li>3 Under-the-Radar Software Stocks Ready to Bounce</li></ul><p>A number of other hedge funds also recently made changes to their positions in HUBS. LGT Group Foundation increased its stake in  HubSpot by 4.0% in the third quarter. LGT Group Foundation now owns 6,061 shares of the software maker's stock valued at $2,668,000 after acquiring an additional 235 shares during the last quarter.  Russell Investments Group Ltd. raised its position in  HubSpot by 19.1% during the third quarter. Russell Investments Group Ltd. now owns 75,634 shares of the software maker's stock valued at $35,649,000 after purchasing an additional 12,153 shares in the last quarter.  Altman Advisors Inc. lifted its stake in  HubSpot by 1.4% during the third quarter. Altman Advisors Inc. now owns 3,352 shares of the software maker's stock worth $1,568,000 after purchasing an additional 45 shares during the last quarter.  Jefferies Financial Group Inc. boosted its holdings in shares of  HubSpot by 148.6% in the 3rd quarter. Jefferies Financial Group Inc. now owns 12,435 shares of the software maker's stock worth $5,817,000 after purchasing an additional 7,432 shares in the last quarter.  Finally, B. Metzler seel. Sohn &amp; Co. AG boosted its holdings in shares of  HubSpot by 10.8% in the 3rd quarter. B. Metzler seel. Sohn &amp; Co. AG now owns 4,088 shares of the software maker's stock worth $1,912,000 after purchasing an additional 397 shares in the last quarter. 90.39% of the stock is owned by institutional investors. </p><h2>Insider Activity at HubSpot</h2><p>In related news, Director Brian Halligan sold 8,500 shares of the company's stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $303.38, for a total transaction of $2,578,730.00. Following the completion of the sale, the director directly owned 487,344 shares in the company, valued at $147,850,422.72. This represents a 1.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Erika Ashley Fisher sold 841 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $238.01, for a total transaction of $200,166.41. Following the sale, the insider directly owned 10,119 shares of the company's stock, valued at $2,408,423.19. The trade was a 7.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 26,691 shares of company stock worth $8,136,702 in the last 90 days. Company insiders own  4.00% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>After a Brutal Selloff, Are These 3 SaaS Giants About to Bounce?</li></ul><p>HUBS has been the topic of a number of research reports. Canaccord Genuity Group  set a $485.00 price objective on HubSpot in a report on Thursday, February 12th. Zacks Research raised HubSpot from a &#34;strong sell&#34; rating to a &#34;strong-buy&#34; rating in a research note on Tuesday, February 17th. BTIG Research reduced their price target on shares of HubSpot from $500.00 to $300.00 and set a &#34;buy&#34; rating on the stock in a research report on Thursday, February 12th. Stifel Nicolaus decreased their price target on shares of HubSpot from $550.00 to $500.00 and set a &#34;buy&#34; rating on the stock in a research note on Friday, January 23rd. Finally, Morgan Stanley  restated an &#34;overweight&#34; rating on shares of HubSpot in a report on Thursday, February 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, one  has issued  a Hold rating and one  has assigned  a Sell rating to the company. Based on data from MarketBeat.com, HubSpot currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $454.20.</p><p><b>View Our Latest Research Report on HUBS</b></p><h2>HubSpot Trading Down 3.8%</h2><ul><li>AI Is Separating Software Winners From Losers, 2 Experts Explain</li></ul><p>NYSE HUBS opened at $259.09 on Thursday. The firm has a market cap of $13.66 billion, a PE ratio of 297.81, a price-to-earnings-growth ratio of 4.02 and a beta of 1.40. HubSpot, Inc. has a 1-year low of $207.20 and a 1-year high of $682.57. The stock has a 50-day moving average of $290.72 and a 200-day moving average of $385.54. </p><p>HubSpot (NYSE:HUBS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The software maker reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.10. The business had revenue of $846.75 million for the quarter, compared to analyst estimates of $830.65 million. HubSpot had a return on equity of 3.64% and a net margin of 1.47%.HubSpot's revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period last year, the company earned $2.32 EPS.  As a group, equities research analysts forecast that  HubSpot, Inc. will post 1.01 earnings per share for the current fiscal year. </p><h2>HubSpot Company Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than HubSpot</li><li>“This AI Giant is About to Go Bust”</li><li>Is Trump Done? Shocking leak…</li><li>The gold chart Wall Street is terrified of…</li><li>I tried out Elon Musk’s new AI tech — it floored me</li><li>What a Former CIA Agent Knows About the Coming Collapse</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhVQlM?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhVQlM"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in HubSpot Right Now?</h2><p>Before you consider HubSpot, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HubSpot wasn't on the list.</p><p>While HubSpot currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HUBS

<p>Swiss National Bank reduced its stake in HubSpot, Inc. (NYSE:HUBS) by 3.7% in Q3, now holding 144,500 shares valued at $67.6 million. Other hedge funds, including LGT Group and Russell Investments, increased their positions. Insider sales included 8,500 shares by Director Brian Halligan. Analysts have mixed ratings on HUBS, with a consensus rating of "Moderate Buy" and an average target price of $454.20. The stock opened at $259.09, down 3.8%, with a market cap of $13.66 billion.</p>

Swiss National Bank Cuts Holdings in HubSpot, Inc. $HUBS