Grab (NASDAQ:GRAB) Insider Sells $117,420.00 in Stock

Grab Holdings Limited (NASDAQ:GRAB – Get Free Report) insider Chin Ong sold 38,000 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $3.09, for a total value of $117,420.00. Following the completion of the transaction, the insider owned 3,594,611 shares of the company’s stock, valued at $11,107,347.99. This represents a 1.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Thursday, September 3rd, Chin Ong sold 38,000 shares of Grab stock. The shares were sold at an average price of $3.43, for a total value of $130,340.00.
  • 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 value of $137,180.00.

Grab Price Performance

Shares of NASDAQ:GRAB opened at $3.19 on Friday. Grab Holdings Limited has a fifty-two week low of $2.74 and a fifty-two week high of $6.24. The business has a 50-day simple moving average of $3.33 and a two-hundred day simple moving average of $3.53. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.51 and a current ratio of 1.52. The firm has a market cap of $13.07 billion, a price-to-earnings ratio of 53.18, a price-to-earnings-growth ratio of 0.74 and a beta of 0.91.

Grab (NASDAQ:GRAB – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. Grab had a net margin of 15.97% and a return on equity of 8.83%. The firm had revenue of $997.00 million for the quarter, compared to the consensus estimate of $994.97 million. On average, analysts expect that Grab Holdings Limited will post 0.14 earnings per share for the current year.

Hedge Funds Weigh In On Grab

Several institutional investors have recently bought and sold shares of GRAB. Principal Financial Group Inc. lifted its position in shares of Grab by 13.4% in the second quarter. Principal Financial Group Inc. now owns 24,289,581 shares of the company’s stock worth $91,572,000 after buying an additional 2,867,458 shares in the last quarter. ANTIPODES PARTNERS Ltd bought a new stake in Grab in the second quarter worth $10,119,000. Mitsubishi UFJ Trust & Banking Corp increased its position in Grab by 17.0% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,041,490 shares of the company’s stock worth $7,696,000 after purchasing an additional 296,256 shares during the last quarter. Hsbc Holdings PLC raised its stake in Grab by 20.9% during the second quarter. Hsbc Holdings PLC now owns 17,877,290 shares of the company’s stock valued at $67,475,000 after purchasing an additional 3,090,656 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in Grab by 16.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 17,687,253 shares of the company’s stock valued at $68,200,000 after purchasing an additional 2,486,750 shares during the last quarter. 55.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on GRAB. Weiss Ratings cut Grab from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, August 17th. Barclays reduced their price target on Grab from $7.00 to $5.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. Morgan Stanley reaffirmed an “overweight” rating and issued a $6.25 price objective on shares of Grab in a research note on Tuesday, June 30th. KeyCorp set a $7.00 target price on shares of Grab in a research note on Wednesday, September 16th. Finally, Zacks Research raised shares of Grab from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $6.11.

Get Our Latest Research Report on Grab

Key Grab News

Here are the key news stories impacting Grab this week:

  • Positive Sentiment: AI partnership could support long-term growth: Grab’s collaboration with SoftBank and PETROS in Malaysia is expected to enhance artificial-intelligence capabilities, operational efficiency and digital services. Investors may view the deal as supportive of Grab’s superapp strategy and future margins. Grab & Others Ink AI-Related Deal: Is This a Growth Catalyst?
  • Positive Sentiment: Fintech and profitability targets offer an upside narrative: An analysis highlighting Atome, GrabFin and a potential $1.7 billion EBITDA target reinforces the case that financial services and newer business lines could become meaningful growth and earnings drivers. The thesis is constructive but depends on sustained adoption and disciplined spending. Grab: Atome, GrabFin, And A $1.7 Billion EBITDA Target
  • Positive Sentiment: Analyst upgrade improves sentiment: Zacks Research upgraded GRAB from “Hold” to “Strong Buy,” adding a fresh bullish signal after Grab’s latest earnings beat, when revenue and EPS exceeded consensus expectations. Zacks Research Upgrades Grab to Strong-Buy
  • Positive Sentiment: New government support package may strengthen the ecosystem: Grab and Malaysia’s government will fund an RM160 million package for e-hailing and delivery drivers. The initiative could support driver retention and service reliability, though Grab’s share of the funding may create some near-term costs. Government and Grab to Fund RM160 Million Package
  • Neutral Sentiment: Superapp strategy is being refined: The appointment of a new product marketing chief could help Grab better communicate and monetize its mobility, delivery and financial-services offerings. The market will likely need evidence of improved growth or engagement before assigning a material valuation benefit. How Grab’s New Product Marketing Chief Could Reframe Its Superapp Strategy
  • Neutral Sentiment: Short-interest data provides little directional information: Reported short interest was zero shares as of October 9, implying no measurable short-selling pressure, although the figure appears inconsistent with the description of a “significant increase” and may reflect a data-reporting issue.
  • Negative Sentiment: Insider selling is a modest overhang: Director Chin Ong sold 38,000 shares worth $117,420, reducing his position by 1.05%. Because the transaction was made under a pre-arranged Rule 10b5-1 plan and represents a small portion of his holdings, the signal is limited but still slightly negative. Insider Selling: Grab Insider Sells $117,420 in Stock

About Grab

(Get Free Report)

Grab Holdings Limited is a Singapore-based technology company that operates a superapp serving consumers, drivers, merchants and businesses across Southeast Asia. Its platform connects users with everyday services through a single digital application.

The company’s main businesses include mobility services such as ride-hailing and taxi bookings, food and grocery delivery, and digital payments. Grab also provides financial services, including digital wallets, lending, insurance and other financial products, subject to local regulations.

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