GrubHub Inc (GRUB) Insider Maria Belousova Sells 2,766 Shares of Stock

GrubHub Inc (NYSE:GRUB) insider Maria Belousova sold 2,766 shares of the company’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $71.43, for a total transaction of $197,575.38. Following the transaction, the insider now directly owns 857 shares in the company, valued at approximately $61,215.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Maria Belousova also recently made the following trade(s):

  • On Friday, December 1st, Maria Belousova sold 2,308 shares of GrubHub stock. The shares were sold at an average price of $67.46, for a total transaction of $155,697.68.
  • On Tuesday, December 5th, Maria Belousova sold 2,686 shares of GrubHub stock. The shares were sold at an average price of $67.33, for a total transaction of $180,848.38.
  • On Wednesday, November 1st, Maria Belousova sold 2,307 shares of GrubHub stock. The shares were sold at an average price of $61.10, for a total transaction of $140,957.70.
  • On Friday, November 3rd, Maria Belousova sold 2,685 shares of GrubHub stock. The shares were sold at an average price of $61.03, for a total transaction of $163,865.55.

GrubHub Inc (NYSE:GRUB) traded up $0.06 during trading on Thursday, hitting $71.32. 911,800 shares of the stock traded hands, compared to its average volume of 1,252,950. GrubHub Inc has a 52 week low of $32.43 and a 52 week high of $74.81. The firm has a market capitalization of $6,190.00, a price-to-earnings ratio of 104.88, a P/E/G ratio of 3.08 and a beta of 1.67.

GrubHub (NYSE:GRUB) last released its quarterly earnings data on Wednesday, October 25th. The information services provider reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. The company had revenue of $163.10 million during the quarter, compared to analyst estimates of $159.63 million. During the same quarter in the prior year, the business earned $0.23 earnings per share. The business’s quarterly revenue was up 32.1% compared to the same quarter last year. sell-side analysts anticipate that GrubHub Inc will post 0.89 earnings per share for the current year.

GRUB has been the topic of a number of recent analyst reports. KeyCorp set a $62.00 price target on shares of GrubHub and gave the stock a “buy” rating in a research note on Sunday, October 15th. Stifel Nicolaus reaffirmed a “buy” rating and set a $53.00 price target on shares of GrubHub in a research note on Wednesday, October 4th. Craig Hallum initiated coverage on shares of GrubHub in a research note on Monday, September 25th. They set a “buy” rating and a $70.00 price target on the stock. Canaccord Genuity increased their price target on shares of GrubHub from $50.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, September 18th. Finally, Morgan Stanley reaffirmed a “buy” rating and set a $63.00 price target (up previously from $59.00) on shares of GrubHub in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $60.79.

Several institutional investors have recently added to or reduced their stakes in GRUB. Carmignac Gestion increased its position in shares of GrubHub by 55.4% in the second quarter. Carmignac Gestion now owns 4,976,545 shares of the information services provider’s stock worth $216,977,000 after acquiring an additional 1,773,959 shares in the last quarter. Fiera Capital Corp acquired a new stake in GrubHub during the 2nd quarter valued at $40,593,000. Caledonia Private Investments Pty Ltd grew its holdings in GrubHub by 8.0% during the 3rd quarter. Caledonia Private Investments Pty Ltd now owns 10,702,879 shares of the information services provider’s stock valued at $563,614,000 after purchasing an additional 790,969 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in GrubHub during the 2nd quarter valued at $28,875,000. Finally, Sylebra HK Co Ltd acquired a new stake in GrubHub during the 2nd quarter valued at $27,341,000.

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About GrubHub

Grubhub Inc provides an online and mobile platform for restaurant pick-up and delivery orders. Its products include Grubhub and Seamless Mobile Applications and Mobile Website, Grubhub and Seamless Websites, Corporate Program, Delivery, Allmenus and MenuPages, Grubhub for Restaurants, and Restaurant Websites.

Insider Buying and Selling by Quarter for GrubHub (NYSE:GRUB)

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