GrubHub Inc (NYSE:GRUB) CMO Barbara Martin Coppola Sells 4,755 Shares

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.

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

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