Margo Drucker Sells 4,761 Shares of GrubHub Inc (GRUB) Stock

GrubHub Inc (NYSE:GRUB) SVP Margo Drucker sold 4,761 shares of the firm’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $71.00, for a total value of $338,031.00. Following the sale, the senior vice president now owns 891 shares in the company, valued at $63,261. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Margo Drucker also recently made the following trade(s):

  • On Friday, December 1st, Margo Drucker sold 1,238 shares of GrubHub stock. The shares were sold at an average price of $67.46, for a total value of $83,515.48.
  • On Tuesday, December 5th, Margo Drucker sold 1,621 shares of GrubHub stock. The stock was sold at an average price of $67.24, for a total value of $108,996.04.
  • On Wednesday, November 1st, Margo Drucker sold 1,237 shares of GrubHub stock. The stock was sold at an average price of $61.10, for a total value of $75,580.70.
  • On Friday, November 3rd, Margo Drucker sold 1,620 shares of GrubHub stock. The stock was sold at an average price of $60.98, for a total value of $98,787.60.

GrubHub Inc (NYSE GRUB) opened at $71.88 on Friday. GrubHub Inc has a 12 month low of $32.43 and a 12 month high of $74.81. The firm has a market cap of $6,183.06, a P/E ratio of 105.71, a price-to-earnings-growth ratio of 3.08 and a beta of 1.67.

GrubHub (NYSE:GRUB) last released its earnings results on Wednesday, October 25th. The information services provider reported $0.28 earnings per share for the quarter, topping the Zacks’ 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 business had revenue of $163.10 million for the quarter, compared to analyst estimates of $159.63 million. During the same period last year, the company posted $0.23 EPS. The business’s revenue was up 32.1% on a year-over-year basis. analysts anticipate that GrubHub Inc will post 0.89 EPS for the current year.

Several equities research analysts recently issued reports on the company. Oppenheimer lifted their price objective on GrubHub from $60.00 to $66.00 and gave the stock an “outperform” rating in a report on Thursday, October 26th. Barclays lifted their price objective on GrubHub from $45.00 to $56.00 and gave the stock an “equal weight” rating in a report on Thursday, October 26th. Stifel Nicolaus lifted their price objective on GrubHub from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Craig Hallum reiterated a “buy” rating and issued a $80.00 price objective (up from $70.00) on shares of GrubHub in a report on Tuesday, November 21st. Finally, DA Davidson assumed coverage on GrubHub in a report on Wednesday, September 13th. They issued a “neutral” rating and a $48.00 price objective on the stock. One investment 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 stock. GrubHub has an average rating of “Buy” and a consensus price target of $60.79.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. raised its position in shares of GrubHub by 6.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,453 shares of the information services provider’s stock valued at $108,000 after buying an additional 148 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of GrubHub by 11.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,761 shares of the information services provider’s stock valued at $120,000 after buying an additional 285 shares during the period. Ameritas Investment Partners Inc. raised its position in shares of GrubHub by 8.1% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 7,544 shares of the information services provider’s stock valued at $329,000 after buying an additional 567 shares during the period. Strs Ohio raised its position in shares of GrubHub by 8.3% during the 3rd quarter. Strs Ohio now owns 14,300 shares of the information services provider’s stock valued at $753,000 after buying an additional 1,100 shares during the period. Finally, Amalgamated Bank raised its position in shares of GrubHub by 11.3% during the 2nd quarter. Amalgamated Bank now owns 11,021 shares of the information services provider’s stock valued at $481,000 after buying an additional 1,122 shares during the period.

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GrubHub Company Profile

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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