GrubHub Inc (NASDAQ:GRUB) CFO Adam Dewitt sold 5,000 shares of the company’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $54.57, for a total value of $272,850.00. Following the transaction, the chief financial officer now directly owns 22,854 shares in the company, valued at approximately $1,247,142.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Adam Dewitt also recently made the following trade(s):

  • On Friday, August 4th, Adam Dewitt sold 12,000 shares of GrubHub stock. The shares were sold at an average price of $50.00, for a total value of $600,000.00.
  • On Tuesday, August 1st, Adam Dewitt sold 6,722 shares of GrubHub stock. The shares were sold at an average price of $46.81, for a total value of $314,656.82.
  • On Monday, July 17th, Adam Dewitt sold 2,000 shares of GrubHub stock. The shares were sold at an average price of $46.34, for a total value of $92,680.00.
  • On Wednesday, July 12th, Adam Dewitt sold 3,000 shares of GrubHub stock. The shares were sold at an average price of $45.15, for a total value of $135,450.00.
  • On Monday, July 3rd, Adam Dewitt sold 3,722 shares of GrubHub stock. The shares were sold at an average price of $43.80, for a total value of $163,023.60.
  • On Monday, June 19th, Adam Dewitt sold 2,000 shares of GrubHub stock. The shares were sold at an average price of $44.05, for a total value of $88,100.00.
  • On Friday, June 9th, Adam Dewitt sold 3,000 shares of GrubHub stock. The shares were sold at an average price of $45.00, for a total value of $135,000.00.
  • On Monday, June 5th, Adam Dewitt sold 3,722 shares of GrubHub stock. The shares were sold at an average price of $44.55, for a total value of $165,815.10.

GrubHub Inc (NASDAQ GRUB) traded up 0.55% on Wednesday, hitting $54.65. The company had a trading volume of 902,832 shares. GrubHub Inc has a one year low of $32.43 and a one year high of $57.26. The stock’s 50-day moving average price is $47.70 and its 200 day moving average price is $41.32. The company has a market capitalization of $4.72 billion and a P/E ratio of 80.37.

GrubHub (NASDAQ:GRUB) last issued its earnings results on Thursday, August 3rd. The information services provider reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. GrubHub had a return on equity of 5.84% and a net margin of 9.29%. The business had revenue of $158.79 million during the quarter, compared to analyst estimates of $158.13 million. On average, analysts expect that GrubHub Inc will post $1.10 EPS for the current fiscal year.

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Hedge funds have recently modified their holdings of the stock. BlackRock Inc. raised its stake in shares of GrubHub by 75,703.7% in the first quarter. BlackRock Inc. now owns 5,080,365 shares of the information services provider’s stock worth $167,094,000 after buying an additional 5,073,663 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of GrubHub by 1,761.3% in the first quarter. Alliancebernstein L.P. now owns 2,343,605 shares of the information services provider’s stock worth $77,081,000 after buying an additional 2,217,695 shares during the last quarter. Carmignac Gestion raised its stake in shares of GrubHub by 55.4% in the second quarter. Carmignac Gestion now owns 4,976,545 shares of the information services provider’s stock worth $216,977,000 after buying an additional 1,773,959 shares during the last quarter. Clearbridge Investments LLC raised its stake in shares of GrubHub by 132.0% in the first quarter. Clearbridge Investments LLC now owns 2,596,093 shares of the information services provider’s stock worth $85,385,000 after buying an additional 1,477,241 shares during the last quarter. Finally, Caledonia Private Investments Pty Ltd raised its stake in shares of GrubHub by 14.0% in the first quarter. Caledonia Private Investments Pty Ltd now owns 9,582,509 shares of the information services provider’s stock worth $315,169,000 after buying an additional 1,174,124 shares during the last quarter.

A number of equities research analysts recently commented on the company. Cowen and Company reiterated a “hold” rating on shares of GrubHub in a report on Sunday, April 30th. Maxim Group reiterated a “hold” rating on shares of GrubHub in a report on Thursday, April 27th. Roth Capital reiterated a “buy” rating on shares of GrubHub in a report on Monday, May 22nd. Pacific Crest reiterated an “overweight” rating and issued a $50.00 price objective on shares of GrubHub in a report on Wednesday, June 28th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $53.00 price objective (up previously from $50.00) on shares of GrubHub in a report on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. GrubHub has an average rating of “Buy” and an average target price of $48.87.

About GrubHub

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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