GrubHub Inc (NYSE:GRUB) Director Sells $12,731.40 in Stock

GrubHub Inc (NYSE:GRUB) Director Linda Johnson Rice sold 180 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $70.73, for a total value of $12,731.40. Following the transaction, the director now directly owns 366 shares of the company’s stock, valued at $25,887.18. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Linda Johnson Rice also recently made the following trade(s):

  • On Friday, March 1st, Linda Johnson Rice sold 180 shares of GrubHub stock. The shares were sold at an average price of $82.41, for a total value of $14,833.80.
  • On Tuesday, February 26th, Linda Johnson Rice sold 186 shares of GrubHub stock. The shares were sold at an average price of $81.24, for a total value of $15,110.64.
  • On Friday, February 1st, Linda Johnson Rice sold 180 shares of GrubHub stock. The shares were sold at an average price of $80.09, for a total value of $14,416.20.

NYSE:GRUB traded down $3.00 during trading hours on Friday, reaching $66.78. 14,272,700 shares of the company traded hands, compared to its average volume of 2,794,129. The stock has a market cap of $6.19 billion, a PE ratio of 54.29, a price-to-earnings-growth ratio of 3.64 and a beta of 1.23. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.63 and a current ratio of 1.63. GrubHub Inc has a 1-year low of $63.31 and a 1-year high of $149.35.

GrubHub (NYSE:GRUB) last announced its earnings results on Thursday, April 25th. The information services provider reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.19. GrubHub had a return on equity of 8.25% and a net margin of 7.79%. The firm had revenue of $323.77 million for the quarter, compared to analysts’ expectations of $322.23 million. During the same quarter in the prior year, the firm earned $0.52 EPS. GrubHub’s quarterly revenue was up 39.2% on a year-over-year basis. As a group, equities research analysts predict that GrubHub Inc will post 0.84 earnings per share for the current fiscal year.

Several analysts have commented on the company. Wedbush set a $100.00 price objective on GrubHub and gave the company a “buy” rating in a research note on Friday. Craig Hallum reaffirmed a “buy” rating and set a $100.00 price objective (down from $120.00) on shares of GrubHub in a research note on Wednesday, April 17th. Zacks Investment Research raised GrubHub from a “strong sell” rating to a “hold” rating in a research note on Monday, April 15th. Stifel Nicolaus reaffirmed a “buy” rating and set a $110.00 price objective on shares of GrubHub in a research note on Friday, April 12th. Finally, BTIG Research downgraded GrubHub from a “buy” rating to a “positive” rating in a research note on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $116.18.

Several hedge funds have recently bought and sold shares of the company. Massey Quick Simon & CO. LLC raised its position in shares of GrubHub by 20.0% in the 4th quarter. Massey Quick Simon & CO. LLC now owns 1,117 shares of the information services provider’s stock worth $86,000 after buying an additional 186 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of GrubHub by 5.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,179 shares of the information services provider’s stock worth $321,000 after buying an additional 206 shares during the period. Parallel Advisors LLC raised its position in shares of GrubHub by 99.1% in the 4th quarter. Parallel Advisors LLC now owns 432 shares of the information services provider’s stock worth $33,000 after buying an additional 215 shares during the period. Private Vista LLC raised its position in shares of GrubHub by 8.0% in the 4th quarter. Private Vista LLC now owns 2,930 shares of the information services provider’s stock worth $225,000 after buying an additional 216 shares during the period. Finally, Chartwell Investment Partners LLC raised its position in shares of GrubHub by 5.4% in the 1st quarter. Chartwell Investment Partners LLC now owns 4,570 shares of the information services provider’s stock worth $317,000 after buying an additional 233 shares during the period.

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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 105,000 local restaurants with diners with diners in various cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites; and operates Websites through grubhub.com, seamless.com, eat24.com, and menupages.com.

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Insider Buying and Selling by Quarter for GrubHub (NYSE:GRUB)

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