GrubHub Inc (GRUB) Insider Maria Belousova Sells 3,368 Shares

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GrubHub Inc (NYSE:GRUB) insider Maria Belousova sold 3,368 shares of GrubHub stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $143.85, for a total transaction of $484,486.80. Following the completion of the transaction, the insider now owns 857 shares of the company’s stock, valued at approximately $123,279.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Maria Belousova also recently made the following trade(s):

  • On Friday, August 3rd, Maria Belousova sold 617 shares of GrubHub stock. The shares were sold at an average price of $127.70, for a total transaction of $78,790.90.
  • On Wednesday, August 1st, Maria Belousova sold 2,752 shares of GrubHub stock. The shares were sold at an average price of $121.86, for a total transaction of $335,358.72.
  • On Tuesday, July 3rd, Maria Belousova sold 3,369 shares of GrubHub stock. The shares were sold at an average price of $103.64, for a total transaction of $349,163.16.

Shares of GrubHub stock opened at $141.92 on Friday. GrubHub Inc has a 52-week low of $49.60 and a 52-week high of $145.37. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $12.46 billion, a P/E ratio of 144.82, a PEG ratio of 3.72 and a beta of 1.13.

GrubHub (NYSE:GRUB) last issued its quarterly earnings data on Wednesday, July 25th. The information services provider reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.19. The business had revenue of $239.70 million during the quarter, compared to the consensus estimate of $233.05 million. GrubHub had a net margin of 15.16% and a return on equity of 10.52%. The company’s revenue was up 50.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.26 EPS. equities research analysts anticipate that GrubHub Inc will post 1.5 EPS for the current fiscal year.

A number of research analysts recently weighed in on the stock. Roth Capital lifted their price objective on shares of GrubHub from $100.00 to $130.00 and gave the company a “neutral” rating in a report on Thursday, July 26th. Mizuho lifted their price objective on shares of GrubHub to $145.00 and gave the company a “buy” rating in a report on Thursday, July 26th. Stifel Nicolaus lifted their price target on shares of GrubHub from $110.00 to $140.00 and gave the stock a “hold” rating in a research note on Thursday, July 26th. KeyCorp lifted their price target on shares of GrubHub from $115.00 to $175.00 and gave the stock an “overweight” rating in a research note on Thursday, July 26th. Finally, Oppenheimer lifted their price target on shares of GrubHub in a research note on Thursday, July 26th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $125.67.

Several large investors have recently modified their holdings of GRUB. Dupont Capital Management Corp purchased a new stake in shares of GrubHub during the 1st quarter worth approximately $990,000. SG Americas Securities LLC lifted its position in shares of GrubHub by 292.1% during the 1st quarter. SG Americas Securities LLC now owns 7,329 shares of the information services provider’s stock worth $744,000 after buying an additional 5,460 shares during the last quarter. Mackay Shields LLC purchased a new stake in shares of GrubHub during the 1st quarter worth approximately $1,806,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of GrubHub by 13.5% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,843 shares of the information services provider’s stock worth $491,000 after buying an additional 575 shares during the last quarter. Finally, Meeder Asset Management Inc. purchased a new stake in shares of GrubHub during the 1st quarter worth approximately $138,000. Institutional investors and hedge funds own 99.86% of the company’s stock.

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.

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