Chin Yin Ong Sells 38,000 Shares of Grab (NASDAQ:GRAB) Stock

Grab Holdings Limited (NASDAQ:GRAB) insider Chin Ong sold 38,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $3.43, for a total transaction of $130,340.00. Following the sale, the insider directly owned 3,632,611 shares of the company’s stock, valued at $12,459,855.73. This trade represents a 1.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chin Yin Ong also recently made the following trade(s):

• On Monday, August 3rd, Chin Ong sold 38,000 shares of Grab stock. The stock was sold at an average price of $3.61, for a total transaction of $137,180.00.
• On Thursday, July 2nd, Chin Ong sold 38,000 shares of Grab stock. The shares were sold at an average price of $3.88, for a total value of $147,440.00.

Grab Stock Performance

Shares of GRAB opened at $3.04 on Thursday. The business’s fifty day simple moving average is $3.59 and its two-hundred day simple moving average is $3.68. The company has a current ratio of 1.52, a quick ratio of 1.51 and a debt-to-equity ratio of 0.06. Grab Holdings Limited has a 12 month low of $3.00 and a 12 month high of $6.62. The company has a market cap of $12.46 billion, a price-to-earnings ratio of 50.68, a P/E/G ratio of 0.85 and a beta of 0.89.

Grab (NASDAQ:GRAB) last posted its earnings results on Tuesday, August 4th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $997.00 million during the quarter, compared to analyst estimates of $994.97 million. Grab had a return on equity of 8.83% and a net margin of 15.97%. Research analysts anticipate that Grab Holdings Limited will post 0.13 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. ANTIPODES PARTNERS Ltd bought a new position in Grab in the second quarter worth approximately $10,119,000. Principal Financial Group Inc. grew its position in shares of Grab by 13.4% during the 2nd quarter. Principal Financial Group Inc. now owns 24,289,581 shares of the company’s stock valued at $91,572,000 after acquiring an additional 2,867,458 shares during the period. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Grab by 17.0% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,041,490 shares of the company’s stock valued at $7,696,000 after acquiring an additional 296,256 shares during the period. DNB Asset Management AS increased its stake in shares of Grab by 52.4% in the 4th quarter. DNB Asset Management AS now owns 2,949,398 shares of the company’s stock worth $14,717,000 after purchasing an additional 1,014,166 shares in the last quarter. Finally, WFM ASIA BVI Ltd increased its stake in shares of Grab by 12.5% in the 4th quarter. WFM ASIA BVI Ltd now owns 37,675,992 shares of the company’s stock worth $188,003,000 after purchasing an additional 4,194,477 shares in the last quarter. Institutional investors own 55.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Benchmark reissued a “buy” rating on shares of Grab in a research report on Tuesday, August 4th. Zacks Research upgraded shares of Grab from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Barclays decreased their price objective on shares of Grab from $7.00 to $5.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. Morgan Stanley restated an “overweight” rating and set a $6.25 price objective on shares of Grab in a research report on Tuesday, June 30th. Finally, Weiss Ratings cut shares of Grab from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $6.01.

Key Grab News

Here are the key news stories impacting Grab this week:

• Positive Sentiment: Grab launched a marketplace for new and pre-owned vehicles in Singapore, expanding its platform beyond ride-hailing, delivery and payments. The initiative could create an additional commerce and transaction opportunity, although its financial impact is not yet known. Grab launches car marketplace with new and pre-owned vehicles for sale
• Positive Sentiment: The company introduced a “5-star eats” restaurant guide, which could support user engagement and food-delivery activity by helping customers discover highly rated merchants. Grab launches 5-star eats guide
• Positive Sentiment: Traders purchased 39,023 GRAB call options, approximately 38% above typical call volume. The activity indicates increased speculative interest and may reflect expectations for a rebound, though options positioning does not guarantee buying in the stock. Most Active Options Report
• Neutral Sentiment: Grab’s latest quarterly results exceeded estimates, with revenue of $997 million and EPS of $0.06 versus consensus of $994.97 million and $0.05. Analysts maintain a broadly favorable “Moderate Buy” view, with an average target near $6.01, but these figures predate the current session.
• Negative Sentiment: The stock’s decline was greater than the broader market’s, while its price remained below both the 50-day and 200-day moving averages and close to its 52-week low, signaling weak technical momentum. Grab Dips More Than Broader Market
• Negative Sentiment: Insider Chin Yin Ong sold 38,000 shares under a pre-arranged Rule 10b5-1 plan. The planned nature and relatively small size reduce its significance, but repeated insider selling can weigh modestly on investor sentiment. Grab Insider Share Sale

About Grab

Grab Holdings Inc is a Singapore-based technology company that operates a consumer-facing “super app” across Southeast Asia offering services spanning ride-hailing, food and package delivery, and digital payments. Its platform connects consumers, drivers, merchants and delivery partners through mobile applications and supports on-demand mobility (taxi and private car), last-mile logistics, and on-demand food delivery under brands such as GrabFood and GrabExpress. The company has also developed a merchant-facing ecosystem that supports ordering, payment acceptance and loyalty functions.

Beyond transportation and delivery, Grab has expanded into financial services through Grab Financial Group, which provides digital payments via GrabPay, consumer lending, insurance distribution and small-business financial solutions.