Grubhub (GRUB) COO Stanley Chia Sells 3,528 Shares

Grubhub (NYSE:GRUB) COO Stanley Chia sold 3,528 shares of the firm’s stock in a transaction dated Friday, April 13th. The shares were sold at an average price of $99.64, for a total transaction of $351,529.92. Following the completion of the transaction, the chief operating officer now directly owns 3,127 shares in the company, valued at approximately $311,574.28. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Stanley Chia also recently made the following trade(s):

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  • On Thursday, February 1st, Stanley Chia sold 17,727 shares of Grubhub stock. The shares were sold at an average price of $72.41, for a total transaction of $1,283,612.07.
  • On Monday, February 5th, Stanley Chia sold 22,307 shares of Grubhub stock. The shares were sold at an average price of $71.76, for a total transaction of $1,600,750.32.

Shares of GRUB stock opened at $103.07 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.07 and a current ratio of 2.07. The company has a market cap of $9,043.79, a price-to-earnings ratio of 104.77, a P/E/G ratio of 3.86 and a beta of 0.98. Grubhub has a 52 week low of $33.91 and a 52 week high of $112.41.

Grubhub (NYSE:GRUB) last announced its earnings results on Thursday, February 8th. The information services provider reported $0.31 EPS for the quarter, topping the consensus estimate of $0.24 by $0.07. The firm had revenue of $205.10 million for the quarter, compared to the consensus estimate of $201.55 million. Grubhub had a net margin of 14.49% and a return on equity of 8.29%. The business’s quarterly revenue was up 49.2% on a year-over-year basis. During the same period last year, the company posted $0.23 EPS. analysts forecast that Grubhub will post 1.16 EPS for the current year.

Hedge funds have recently made changes to their positions in the business. First Trust Advisors LP raised its holdings in shares of Grubhub by 996.8% in the fourth quarter. First Trust Advisors LP now owns 1,610,369 shares of the information services provider’s stock valued at $115,624,000 after purchasing an additional 1,463,539 shares during the last quarter. Caledonia Private Investments Pty Ltd raised its holdings in shares of Grubhub by 4.2% in the fourth quarter. Caledonia Private Investments Pty Ltd now owns 11,157,204 shares of the information services provider’s stock valued at $801,087,000 after purchasing an additional 454,325 shares during the last quarter. Stephens Investment Management Group LLC acquired a new stake in shares of Grubhub in the fourth quarter valued at approximately $27,998,000. Janus Henderson Group PLC raised its holdings in shares of Grubhub by 58.3% in the third quarter. Janus Henderson Group PLC now owns 1,048,396 shares of the information services provider’s stock valued at $55,210,000 after purchasing an additional 386,129 shares during the last quarter. Finally, Standard Life Aberdeen plc acquired a new stake in shares of Grubhub in the fourth quarter valued at approximately $22,394,000.

Several research analysts recently weighed in on the stock. Morgan Stanley lowered shares of Grubhub from an “overweight” rating to an “equal weight” rating and set a $100.00 price objective on the stock. in a research note on Wednesday. DA Davidson reissued a “hold” rating and set a $65.00 price objective on shares of Grubhub in a research note on Thursday, February 1st. They noted that the move was a valuation call. Craig Hallum lifted their price objective on shares of Grubhub from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Stifel Nicolaus lifted their price objective on shares of Grubhub from $63.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, February 6th. Finally, Monness Crespi & Hardt lifted their price objective on shares of Grubhub from $42.00 to $65.00 and gave the stock a “sell” rating in a research note on Friday, February 9th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $81.02.

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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.

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

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