STUB (NYSE:STUB) Stock: Insider Nayaab Islam Sells 14,306 Shares

STUB (NYSE:STUB) insider Nayaab Islam sold 14,306 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $6.20, for a total value of $88,697.20. Following the sale, the insider owned 7,996,986 shares of the company’s stock, valued at $49,581,313.20. This represents a 0.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Nayaab Islam also recently made the following trade(s):

• On Friday, September 4th, Nayaab Islam sold 24,554 shares of STUB stock. The stock was sold at an average price of $6.69, for a total transaction of $164,266.26.
• On Thursday, September 3rd, Nayaab Islam sold 110,409 shares of STUB stock. The shares were sold at an average price of $6.66, for a total value of $735,323.94.
• On Wednesday, August 26th, Nayaab Islam sold 85,973 shares of STUB stock. The shares were sold at an average price of $6.86, for a total value of $589,774.78.
• On Tuesday, August 25th, Nayaab Islam sold 219,736 shares of STUB stock. The stock was sold at an average price of $6.78, for a total value of $1,489,810.08.
• On Tuesday, July 7th, Nayaab Islam sold 2,800 shares of STUB stock. The stock was sold at an average price of $14.01, for a total value of $39,228.00.
• On Monday, July 6th, Nayaab Islam sold 54,801 shares of STUB stock. The shares were sold at an average price of $13.03, for a total value of $714,057.03.
• On Wednesday, July 1st, Nayaab Islam sold 2,099 shares of STUB stock. The stock was sold at an average price of $13.00, for a total value of $27,287.00.
• On Tuesday, June 30th, Nayaab Islam sold 25,400 shares of STUB stock. The stock was sold at an average price of $13.03, for a total value of $330,962.00.
• On Monday, June 29th, Nayaab Islam sold 1,300 shares of STUB stock. The stock was sold at an average price of $13.00, for a total value of $16,900.00.
• On Friday, June 26th, Nayaab Islam sold 25,080 shares of STUB stock. The shares were sold at an average price of $12.05, for a total transaction of $302,214.00.

STUB Trading Up 1.6%

STUB opened at $5.40 on Friday. The firm has a market capitalization of $2.06 billion and a P/E ratio of -0.94. The firm’s 50 day moving average is $7.29 and its 200-day moving average is $8.35. STUB has a 52-week low of $5.23 and a 52-week high of $21.49. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.86.

Wall Street Analyst Weigh In

Several research firms recently issued reports on STUB. Morgan Stanley lifted their price target on shares of STUB from $8.75 to $10.00 and gave the stock an “equal weight” rating in a research note on Wednesday, June 10th. UBS Group set a $7.50 price objective on shares of STUB in a research report on Thursday, August 13th. Evercore set a $14.00 target price on STUB in a research note on Thursday, August 13th. Weiss Ratings raised STUB from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 7th. Finally, TD Cowen cut their price target on STUB from $16.00 to $12.00 and set a “buy” rating on the stock in a research note on Friday, August 21st. Six research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, STUB currently has a consensus rating of “Hold” and a consensus target price of $10.33.

Institutional Trading of STUB

A number of hedge funds have recently made changes to their positions in the stock. Sequoia Financial Advisors LLC acquired a new stake in STUB in the second quarter valued at $7,953,000. WINTON GROUP Ltd grew its holdings in STUB by 194.6% during the 2nd quarter. WINTON GROUP Ltd now owns 43,600 shares of the company’s stock worth $561,000 after acquiring an additional 28,800 shares in the last quarter. Rose Capital Advisors LLC bought a new stake in shares of STUB in the 2nd quarter worth about $183,000. Comprehensive Financial Management LLC increased its position in shares of STUB by 13.6% in the 2nd quarter. Comprehensive Financial Management LLC now owns 390,543 shares of the company’s stock worth $5,026,000 after purchasing an additional 46,808 shares during the last quarter. Finally, Stephens Group LLC raised its stake in shares of STUB by 193.2% in the 2nd quarter. Stephens Group LLC now owns 1,022,413 shares of the company’s stock valued at $13,158,000 after purchasing an additional 673,715 shares in the last quarter.

STUB Company Profile

StubHub Holdings, Inc operates a global online marketplace for buying and selling tickets to live events. Its platform connects fans with tickets for sporting events, concerts, theater productions and other entertainment experiences, while providing tools for ticket discovery, purchasing, listing and resale.

The company serves customers through its website and mobile applications under the StubHub brand, offering inventory from professional sellers, event partners and individual ticket holders.