GrubHub Inc (GRUB) Director Sells $14,589.00 in Stock

GrubHub Inc (NYSE:GRUB) Director Linda Johnson Rice sold 180 shares of GrubHub stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $81.05, for a total value of $14,589.00. Following the completion of the transaction, the director now owns 366 shares in the company, valued at $29,664.30. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Linda Johnson Rice also recently made the following trade(s):

  • On Tuesday, November 27th, Linda Johnson Rice sold 186 shares of GrubHub stock. The shares were sold at an average price of $80.57, for a total value of $14,986.02.
  • On Friday, November 2nd, Linda Johnson Rice sold 179 shares of GrubHub stock. The shares were sold at an average price of $95.14, for a total value of $17,030.06.
  • On Monday, October 15th, Linda Johnson Rice sold 596 shares of GrubHub stock. The shares were sold at an average price of $115.87, for a total value of $69,058.52.

Shares of GRUB stock opened at $76.80 on Friday. The firm has a market cap of $7.38 billion, a P/E ratio of 78.37, a PEG ratio of 2.53 and a beta of 1.56. GrubHub Inc has a 1 year low of $66.07 and a 1 year high of $149.35. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.20.

GrubHub (NYSE:GRUB) last issued its quarterly earnings data on Thursday, October 25th. The information services provider reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.14. The firm had revenue of $247.23 million during the quarter, compared to analysts’ expectations of $238.19 million. GrubHub had a return on equity of 10.64% and a net margin of 14.83%. As a group, research analysts predict that GrubHub Inc will post 1.29 earnings per share for the current year.

A number of hedge funds have recently modified their holdings of GRUB. Bank of Montreal Can raised its holdings in GrubHub by 199.1% during the second quarter. Bank of Montreal Can now owns 15,141 shares of the information services provider’s stock worth $1,588,000 after purchasing an additional 10,079 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of GrubHub in the second quarter worth $826,000. Aperio Group LLC raised its holdings in shares of GrubHub by 17.3% in the second quarter. Aperio Group LLC now owns 14,403 shares of the information services provider’s stock worth $1,511,000 after acquiring an additional 2,121 shares during the last quarter. Alps Advisors Inc. raised its holdings in shares of GrubHub by 90.8% in the second quarter. Alps Advisors Inc. now owns 8,395 shares of the information services provider’s stock worth $603,000 after acquiring an additional 3,995 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of GrubHub in the second quarter worth $2,193,000. 92.49% of the stock is owned by hedge funds and other institutional investors.

Several analysts have recently commented on the company. Roth Capital reduced their price target on GrubHub from $130.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, October 26th. Canaccord Genuity set a $140.00 price target on GrubHub and gave the company a “buy” rating in a report on Friday, October 26th. Zacks Investment Research reissued a “hold” rating on shares of GrubHub in a report on Tuesday, November 13th. Craig Hallum raised their price target on GrubHub from $160.00 to $180.00 and gave the company a “buy” rating in a report on Tuesday, September 18th. Finally, TheStreet cut GrubHub from a “b” rating to a “c+” rating in a report on Monday, October 29th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. GrubHub has an average rating of “Buy” and a consensus target price of $129.95.

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About GrubHub

GrubHub Inc, together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 80,000 local restaurants with diners in approximately 1,600 cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites for iPhone, Android, iPad, Apple Watch, and Apple TV devices; and operates Grubhub, Seamless, and Eat24 Websites through grubhub.com, seamless.com, and eat24.com.

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Insider Buying and Selling by Quarter for GrubHub (NYSE:GRUB)

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