STUB (NYSE:STUB) CFO Constance James Sells 116,644 Shares

STUB (NYSE:STUB) CFO Constance James sold 116,644 shares of STUB stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $7.06, for a total value of $823,506.64. Following the completion of the transaction, the chief financial officer owned 349,934 shares of the company’s stock, valued at $2,470,534.04. The trade was a 25.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

STUB Stock Performance

Shares of STUB stock opened at $6.81 on Friday. STUB has a one year low of $5.74 and a one year high of $27.89. The company has a market cap of $2.56 billion and a PE ratio of -1.19. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.04 and a current ratio of 1.04. The business has a 50-day simple moving average of $10.09 and a 200-day simple moving average of $8.97.

Institutional Investors Weigh In On STUB

Several institutional investors have recently added to or reduced their stakes in the business. CWM LLC boosted its holdings in STUB by 56,638.1% in the fourth quarter. CWM LLC now owns 276,882 shares of the company’s stock valued at $3,746,000 after purchasing an additional 276,394 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in STUB during the fourth quarter worth approximately $1,044,000. Garner Asset Management Corp purchased a new stake in shares of STUB during the 4th quarter worth approximately $92,000. International Assets Investment Management LLC purchased a new stake in shares of STUB during the 4th quarter worth approximately $149,000. Finally, Baader Bank Aktiengesellschaft acquired a new position in shares of STUB in the 4th quarter valued at $1,015,000.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Wall Street Zen cut shares of STUB from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. JPMorgan Chase & Co. raised their price objective on shares of STUB from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. BMO Capital Markets cut shares of STUB from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 19th. Craig Hallum downgraded shares of STUB from a “hold” rating to a “hold” rating in a research note on Tuesday, May 19th. Finally, Oppenheimer dropped their target price on STUB from $12.00 to $11.00 and set an “outperform” rating on the stock in a report on Thursday, August 13th. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $10.73.

STUB Company Profile

Stubhub Holdings Inc, through its subsidiaries, provides an online marketplace to buy and sell tickets for sports, concerts, theater, festivals and other live events. Stubhub Holdings Inc is based in NEW YORK.