GrubHub Inc (GRUB) SVP Margo Drucker Sells 1,621 Shares

GrubHub Inc (NYSE:GRUB) SVP Margo Drucker sold 1,621 shares of the stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $67.24, for a total value of $108,996.04. Following the transaction, the senior vice president now owns 892 shares in the company, valued at approximately $59,978.08. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • On Friday, December 1st, Margo Drucker sold 1,238 shares of GrubHub stock. The stock was sold at an average price of $67.46, for a total value of $83,515.48.
  • On Wednesday, November 1st, Margo Drucker sold 1,237 shares of GrubHub stock. The stock was sold at an average price of $61.10, for a total value of $75,580.70.
  • On Friday, November 3rd, Margo Drucker sold 1,620 shares of GrubHub stock. The stock was sold at an average price of $60.98, for a total value of $98,787.60.
  • On Tuesday, October 3rd, Margo Drucker sold 1,736 shares of GrubHub stock. The stock was sold at an average price of $52.92, for a total value of $91,869.12.
  • On Wednesday, September 6th, Margo Drucker sold 1,737 shares of GrubHub stock. The stock was sold at an average price of $56.97, for a total value of $98,956.89.

Shares of GrubHub Inc (GRUB) traded up $0.64 during midday trading on Wednesday, hitting $67.58. The company had a trading volume of 883,100 shares, compared to its average volume of 1,977,503. GrubHub Inc has a 52 week low of $32.43 and a 52 week high of $69.82. The company has a market capitalization of $5,920.00, a PE ratio of 76.94, a P/E/G ratio of 3.67 and a beta of 1.67.

GrubHub (NYSE:GRUB) last issued its quarterly earnings results on Wednesday, October 25th. The information services provider reported $0.28 EPS for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.04. GrubHub had a return on equity of 7.45% and a net margin of 9.60%. The company had revenue of $163.10 million for the quarter, compared to analysts’ expectations of $159.63 million. During the same quarter last year, the business earned $0.23 earnings per share. GrubHub’s revenue was up 32.1% on a year-over-year basis. sell-side analysts predict that GrubHub Inc will post 0.89 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in GRUB. Carmignac Gestion grew its position in GrubHub by 55.4% in the second quarter. Carmignac Gestion now owns 4,976,545 shares of the information services provider’s stock valued at $216,977,000 after acquiring an additional 1,773,959 shares during the last quarter. Fiera Capital Corp bought a new position in GrubHub in the second quarter valued at about $40,593,000. Caledonia Private Investments Pty Ltd grew its position in GrubHub by 8.0% in the third quarter. Caledonia Private Investments Pty Ltd now owns 10,702,879 shares of the information services provider’s stock valued at $563,614,000 after acquiring an additional 790,969 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in GrubHub in the second quarter valued at about $29,203,000. Finally, Janus Henderson Group PLC bought a new position in GrubHub in the second quarter valued at about $28,875,000.

GRUB has been the topic of several recent research reports. Zacks Investment Research cut GrubHub from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Stifel Nicolaus reiterated a “buy” rating and set a $53.00 price objective (up previously from $50.00) on shares of GrubHub in a research report on Wednesday, August 9th. Cowen reiterated an “outperform” rating and set a $54.00 price objective on shares of GrubHub in a research report on Wednesday, August 9th. BidaskClub upgraded GrubHub from a “hold” rating to a “buy” rating in a research report on Wednesday, August 9th. Finally, Canaccord Genuity reiterated a “buy” rating and set a $50.00 price objective on shares of GrubHub in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $59.18.

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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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