Nayaab Islam Sells 219,736 Shares of STUB (NYSE:STUB) Stock

STUB (NYSE:STUB) insider Nayaab Islam sold 219,736 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $6.78, for a total value of $1,489,810.08. Following the transaction, the insider directly owned 8,232,228 shares of the company’s stock, valued at $55,814,505.84. This represents a 2.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Nayaab Islam also recently made the following trade(s):

• On Wednesday, August 26th, Nayaab Islam sold 85,973 shares of STUB stock. The stock was sold at an average price of $6.86, for a total value of $589,774.78.
• On Tuesday, July 7th, Nayaab Islam sold 2,800 shares of STUB stock. The stock was sold at an average price of $14.01, for a total transaction of $39,228.00.
• On Monday, July 6th, Nayaab Islam sold 54,801 shares of STUB stock. The shares were sold at an average price of $13.03, for a total transaction of $714,057.03.
• On Wednesday, July 1st, Nayaab Islam sold 2,099 shares of STUB stock. The shares were sold at an average price of $13.00, for a total transaction of $27,287.00.
• On Tuesday, June 30th, Nayaab Islam sold 25,400 shares of STUB stock. The shares were sold at an average price of $13.03, for a total transaction of $330,962.00.
• On Monday, June 29th, Nayaab Islam sold 1,300 shares of STUB stock. The stock was sold at an average price of $13.00, for a total transaction of $16,900.00.
• On Friday, June 26th, Nayaab Islam sold 25,080 shares of STUB stock. The stock was sold at an average price of $12.05, for a total transaction of $302,214.00.
• On Monday, June 15th, Nayaab Islam sold 16,720 shares of STUB stock. The shares were sold at an average price of $11.37, for a total transaction of $190,106.40.

STUB Stock Up 0.3%

STUB stock opened at $6.57 on Friday. The firm has a market cap of $2.51 billion and a PE ratio of -1.14. STUB has a 12 month low of $5.74 and a 12 month high of $27.89. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a 50 day simple moving average of $9.51 and a 200 day simple moving average of $8.80.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. HSBC upgraded STUB to a “buy” rating in a research report on Tuesday, May 19th. UBS Group set a $7.50 target price on STUB in a report on Thursday, August 13th. Weiss Ratings raised STUB from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 7th. Citigroup reaffirmed a “neutral” rating on shares of STUB in a report on Wednesday, July 15th. Finally, Evercore set a $14.00 price target on STUB in a research report on Thursday, August 13th. Five investment 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. Based on data from MarketBeat, STUB has an average rating of “Hold” and a consensus price target of $10.83.

Key Stories Impacting STUB

Here are the key news stories impacting STUB this week:

• Negative Sentiment: Executive Vice Chairman and Chief Legal Officer Mark Streams sold 2,530 shares for approximately $17,406 at an average price of $6.88. The sale reduced his ownership by 0.18%. Top StubHub Executive Quietly Cashes Out in Notable Stock Sale
• Negative Sentiment: Insider Nayaab Islam sold 85,973 shares for roughly $589,775 at $6.86 per share. Combined with a 219,736-share sale on August 25, Islam has sold 305,709 shares worth about $2.08 million in two recent transactions, reducing the position by approximately 3.6%. Insider Selling: STUB Insider Sells 85,973 Shares
• Neutral Sentiment: Despite the selling, Islam still owned 8.15 million shares and Streams retained approximately 1.39 million shares after their respective transactions. Insider sales can reflect diversification or personal liquidity needs rather than a definitive view of future business performance.
• Neutral Sentiment: Analyst opinions remain mixed: five analysts rate STUB a Buy, seven rate it Hold and two rate it Sell. The consensus rating is Hold, with an average price target of $10.83, while recent targets include $11 from Oppenheimer and Mizuho and $14 from Evercore. The stock is trading well below those targets but remains below its 50-day and 200-day moving averages, signaling continued technical weakness.

Hedge Funds Weigh In On STUB

Institutional investors and hedge funds have recently bought and sold shares of the business. WestCap Management LLC purchased a new stake in shares of STUB in the fourth quarter worth approximately $429,370,000. PointState Capital LP boosted its holdings in shares of STUB by 19.9% during the fourth quarter. PointState Capital LP now owns 24,823,335 shares of the company’s stock worth $335,860,000 after purchasing an additional 4,117,332 shares during the period. Capital Research Global Investors purchased a new position in STUB during the fourth quarter valued at approximately $106,887,000. Index Venture Associates III Ltd purchased a new position in STUB during the fourth quarter valued at approximately $85,192,000. Finally, Capital International Investors acquired a new position in STUB in the 4th quarter valued at approximately $55,235,000.

About STUB

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.