GrubHub Inc (GRUB) CEO Matthew M. Maloney Sells 6,250 Shares

GrubHub Inc (NYSE:GRUB) CEO Matthew M. Maloney sold 6,250 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $86.02, for a total transaction of $537,625.00. Following the completion of the sale, the chief executive officer now directly owns 12,950 shares in the company, valued at $1,113,959. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

GrubHub Inc (NYSE GRUB) traded up $5.42 during mid-day trading on Wednesday, hitting $93.39. 2,580,000 shares of the company’s stock traded hands, compared to its average volume of 2,070,000. The stock has a market capitalization of $8,100.00, a P/E ratio of 83.38, a PEG ratio of 2.97 and a beta of 1.54. GrubHub Inc has a 52-week low of $32.43 and a 52-week high of $94.89.

GrubHub (NYSE:GRUB) last issued its earnings results on Thursday, February 8th. The information services provider reported $0.31 earnings per share (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 analysts’ expectations of $201.55 million. GrubHub had a net margin of 14.49% and a return on equity of 8.47%. The business’s revenue was up 49.2% on a year-over-year basis. During the same quarter last year, the business earned $0.23 earnings per share. analysts expect that GrubHub Inc will post 1.26 earnings per share for the current fiscal year.

Hedge funds have recently made changes to their positions in the company. Cubist Systematic Strategies LLC bought a new stake in shares of GrubHub during the 3rd quarter valued at $105,000. PNC Financial Services Group Inc. boosted its holdings 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. QS Investors LLC bought a new stake in shares of GrubHub during the 4th quarter valued at $129,000. Asset Dedication LLC bought a new stake in shares of GrubHub during the 3rd quarter valued at $165,000. Finally, Bronfman E.L. Rothschild L.P. boosted its holdings in shares of GrubHub by 53.7% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,533 shares of the information services provider’s stock valued at $182,000 after buying an additional 885 shares in the last quarter.

A number of equities research analysts recently weighed in on the stock. DA Davidson reaffirmed a “hold” rating and issued a $65.00 target price on shares of GrubHub in a research note on Thursday, February 1st. They noted that the move was a valuation call. Craig Hallum raised their target price on shares of GrubHub from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Wedbush reaffirmed an “outperform” rating and issued a $65.00 target price (up from $60.00) on shares of GrubHub in a research note on Thursday, October 26th. Stifel Nicolaus raised their target price on shares of GrubHub from $63.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, February 6th. Finally, Monness Crespi & Hardt raised their target price on shares of GrubHub from $42.00 to $65.00 and gave the company a “sell” rating in a research note on Friday, February 9th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $74.07.

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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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