GrubHub Inc (GRUB) Insider Maria Belousova Sells 2,766 Shares

GrubHub Inc (NYSE:GRUB) insider Maria Belousova sold 2,766 shares of the business’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $71.43, for a total transaction of $197,575.38. Following the transaction, the insider now directly owns 857 shares of the company’s stock, valued at approximately $61,215.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Maria Belousova also recently made the following trade(s):

  • On Friday, December 1st, Maria Belousova sold 2,308 shares of GrubHub stock. The shares were sold at an average price of $67.46, for a total transaction of $155,697.68.
  • On Tuesday, December 5th, Maria Belousova sold 2,686 shares of GrubHub stock. The shares were sold at an average price of $67.33, for a total transaction of $180,848.38.
  • On Wednesday, November 1st, Maria Belousova sold 2,307 shares of GrubHub stock. The shares were sold at an average price of $61.10, for a total transaction of $140,957.70.
  • On Friday, November 3rd, Maria Belousova sold 2,685 shares of GrubHub stock. The shares were sold at an average price of $61.03, for a total transaction of $163,865.55.

GrubHub Inc (NYSE GRUB) traded up $0.06 during trading hours on Wednesday, reaching $71.32. 911,801 shares of the company were exchanged, compared to its average volume of 1,252,950. GrubHub Inc has a 52 week low of $32.43 and a 52 week high of $74.81. The company has a market cap of $6,180.00, a price-to-earnings ratio of 104.88, a P/E/G ratio of 3.10 and a beta of 1.67.

GrubHub (NYSE:GRUB) last posted its quarterly earnings results on Wednesday, October 25th. The information services provider reported $0.28 EPS for the quarter, beating 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 company had revenue of $163.10 million during the quarter, compared to analyst estimates of $159.63 million. During the same period in the prior year, the business posted $0.23 EPS. The firm’s revenue was up 32.1% compared to the same quarter last year. analysts expect that GrubHub Inc will post 0.89 EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of the stock. California Public Employees Retirement System raised its holdings in GrubHub by 1.6% during the 3rd quarter. California Public Employees Retirement System now owns 160,600 shares of the information services provider’s stock valued at $8,457,000 after buying an additional 2,500 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in GrubHub during the 3rd quarter valued at $105,000. Highbridge Capital Management LLC bought a new stake in GrubHub during the 3rd quarter valued at $230,000. Janus Henderson Group PLC raised its holdings in GrubHub by 58.3% during the 3rd quarter. Janus Henderson Group PLC now owns 1,048,396 shares of the information services provider’s stock valued at $55,210,000 after buying an additional 386,129 shares during the last quarter. Finally, Chevy Chase Trust Holdings Inc. raised its holdings in GrubHub by 44.5% during the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 237,697 shares of the information services provider’s stock valued at $12,517,000 after buying an additional 73,256 shares during the last quarter.

A number of equities analysts have commented on the stock. Oppenheimer boosted their price target on shares of GrubHub from $60.00 to $66.00 and gave the stock an “outperform” rating in a research note on Thursday, October 26th. Barclays boosted their price target on shares of GrubHub from $45.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 26th. Stifel Nicolaus boosted their price target on shares of GrubHub from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Craig Hallum reissued a “buy” rating and issued a $80.00 price target (up previously from $70.00) on shares of GrubHub in a research note on Tuesday, November 21st. Finally, DA Davidson assumed coverage on shares of GrubHub in a research note on Wednesday, September 13th. They issued a “neutral” rating and a $48.00 price target for the company. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $60.48.

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About GrubHub

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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