GrubHub Inc (NYSE:GRUB) CMO Barbara Martin Coppola sold 4,755 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $70.93, for a total transaction of $337,272.15. Following the sale, the chief marketing officer now directly owns 6,756 shares in the company, valued at approximately $479,203.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Barbara Martin Coppola also recently made the following trade(s):
- On Monday, December 4th, Barbara Martin Coppola sold 728 shares of GrubHub stock. The stock was sold at an average price of $67.51, for a total transaction of $49,147.28.
- On Friday, December 1st, Barbara Martin Coppola sold 1,458 shares of GrubHub stock. The stock was sold at an average price of $67.46, for a total transaction of $98,356.68.
- On Wednesday, November 1st, Barbara Martin Coppola sold 1,458 shares of GrubHub stock. The stock was sold at an average price of $61.10, for a total transaction of $89,083.80.
GrubHub Inc (GRUB) traded up $2.39 during midday trading on Friday, reaching $70.61. 1,542,947 shares of the company’s stock traded hands, compared to its average volume of 1,235,086. GrubHub Inc has a fifty-two week low of $32.43 and a fifty-two week high of $74.81. The stock has a market cap of $5,914.30, a PE ratio of 103.84, a PEG ratio of 2.91 and a beta of 1.67.
GrubHub (NYSE:GRUB) last posted its earnings results on Wednesday, October 25th. The information services provider reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.04. The business had revenue of $163.10 million for the quarter, compared to analysts’ expectations of $159.63 million. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.23 EPS. equities research analysts forecast that GrubHub Inc will post 0.89 earnings per share for the current fiscal year.
A number of brokerages have issued reports on GRUB. Zacks Investment Research raised shares of GrubHub from a “hold” rating to a “buy” rating and set a $80.00 price objective for the company in a research report on Tuesday. Wells Fargo & Co reaffirmed a “market perform” rating and issued a $68.00 price objective (up from $58.00) on shares of GrubHub in a research report on Monday, January 8th. Wedbush downgraded shares of GrubHub from an “outperform” rating to a “neutral” rating and upped their price objective for the stock from $65.00 to $70.00 in a research report on Monday, January 8th. They noted that the move was a valuation call. Oppenheimer upped their price objective on shares of GrubHub to $80.00 and gave the stock an “outperform” rating in a research report on Friday, January 5th. Finally, Credit Suisse Group set a $65.00 target price on shares of GrubHub and gave the company a “hold” rating in a research report on Thursday, January 4th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $62.61.
Several institutional investors have recently bought and sold shares of GRUB. Cubist Systematic Strategies LLC purchased a new stake in shares of GrubHub during the 3rd quarter valued at $105,000. PNC Financial Services Group Inc. raised its position in shares of GrubHub by 6.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,453 shares of the information services provider’s stock valued at $108,000 after buying an additional 148 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of GrubHub by 11.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,761 shares of the information services provider’s stock valued at $120,000 after buying an additional 285 shares in the last quarter. Asset Dedication LLC purchased a new stake in shares of GrubHub during the 3rd quarter valued at $165,000. Finally, BT Investment Management Ltd purchased a new stake in shares of GrubHub during the 3rd quarter valued at $195,000.
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GrubHub Company Profile
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.
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