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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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.
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