Margo Drucker Sells 400 Shares of GrubHub Inc (GRUB) Stock

GrubHub Inc (NASDAQ:GRUB) SVP Margo Drucker sold 400 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $55.52, for a total transaction of $22,208.00. Following the transaction, the senior vice president now owns 100 shares in the company, valued at $5,552. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Margo Drucker also recently made the following trade(s):

  • On Thursday, August 3rd, Margo Drucker sold 1,736 shares of GrubHub stock. The stock was sold at an average price of $47.18, for a total transaction of $81,904.48.
  • On Wednesday, July 12th, Margo Drucker sold 183 shares of GrubHub stock. The stock was sold at an average price of $45.13, for a total transaction of $8,258.79.
  • On Wednesday, July 5th, Margo Drucker sold 498 shares of GrubHub stock. The stock was sold at an average price of $43.54, for a total transaction of $21,682.92.
  • On Monday, July 3rd, Margo Drucker sold 1,054 shares of GrubHub stock. The stock was sold at an average price of $43.86, for a total transaction of $46,228.44.
  • On Monday, June 5th, Margo Drucker sold 1,737 shares of GrubHub stock. The stock was sold at an average price of $43.85, for a total transaction of $76,167.45.

GrubHub Inc (NASDAQ:GRUB) traded up 0.54% during mid-day trading on Friday, reaching $54.46. 1,999,455 shares of the company were exchanged. The stock has a 50 day moving average of $46.91 and a 200-day moving average of $41.04. The stock has a market capitalization of $4.70 billion and a price-to-earnings ratio of 80.09. GrubHub Inc has a one year low of $32.43 and a one year high of $57.26.

GrubHub (NASDAQ:GRUB) last issued its quarterly earnings results on Thursday, August 3rd. The information services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.01. GrubHub had a net margin of 11.35% and a return on equity of 7.21%. The business had revenue of $158.79 million for the quarter, compared to the consensus estimate of $158.13 million. On average, equities analysts expect that GrubHub Inc will post $1.10 earnings per share for the current fiscal year.

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Institutional investors have recently modified their holdings of the stock. Alps Advisors Inc. increased its position in shares of GrubHub by 0.3% in the second quarter. Alps Advisors Inc. now owns 14,125 shares of the information services provider’s stock valued at $616,000 after buying an additional 36 shares in the last quarter. Renaissance Group LLC increased its position in shares of GrubHub by 0.5% in the first quarter. Renaissance Group LLC now owns 8,776 shares of the information services provider’s stock valued at $289,000 after buying an additional 42 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of GrubHub by 6.4% in the second 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 increased its position in shares of GrubHub by 11.5% in the second 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. Finally, Global Endowment Management LP increased its position in shares of GrubHub by 9.4% in the first quarter. Global Endowment Management LP now owns 6,520 shares of the information services provider’s stock valued at $215,000 after buying an additional 560 shares in the last quarter.

Several research analysts recently weighed in on GRUB shares. Stifel Nicolaus boosted their price target on shares of GrubHub from $48.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, April 28th. Loop Capital reiterated a “buy” rating on shares of GrubHub in a research note on Wednesday, April 19th. Roth Capital set a $45.00 target price on shares of GrubHub and gave the company a “buy” rating in a research note on Monday, April 24th. Canaccord Genuity reiterated a “buy” rating and issued a $47.00 target price on shares of GrubHub in a research note on Thursday, May 25th. Finally, Wedbush set a $50.00 target price on shares of GrubHub and gave the company a “buy” rating in a research note on Monday, June 19th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. GrubHub presently has a consensus rating of “Buy” and a consensus target price of $48.87.

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 (NASDAQ:GRUB)

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