GrubHub Inc (NYSE:GRUB) CEO Matthew M. Maloney sold 6,250 shares of the stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $71.25, for a total transaction of $445,312.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of GrubHub Inc (NYSE:GRUB) traded down $0.46 during mid-day trading on Friday, reaching $70.34. 735,400 shares of the company’s stock were exchanged, compared to its average volume of 1,447,208. The firm has a market capitalization of $5,980.00, a PE ratio of 103.44, a P/E/G ratio of 3.02 and a beta of 1.67. GrubHub Inc has a 12-month low of $32.43 and a 12-month high of $74.81.
GrubHub (NYSE:GRUB) last announced its quarterly earnings results on Wednesday, October 25th. The information services provider reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. The firm had revenue of $163.10 million during the quarter, compared to analysts’ expectations of $159.63 million. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. The company’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.23 earnings per share. equities research analysts forecast that GrubHub Inc will post 0.89 earnings per share for the current fiscal year.
A number of hedge funds have recently made changes to their positions in GRUB. Cubist Systematic Strategies LLC acquired a new stake in GrubHub in the third quarter valued at $105,000. PNC Financial Services Group Inc. lifted its stake in 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 acquiring an additional 148 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in 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 acquiring an additional 285 shares during the last quarter. Asset Dedication LLC acquired a new stake in GrubHub in the third quarter valued at $165,000. Finally, BT Investment Management Ltd acquired a new stake in GrubHub in the third quarter valued at $195,000.
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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.
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