GrubHub Inc (NASDAQ:GRUB) COO Stanley Chia sold 645 shares of the stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $53.57, for a total transaction of $34,552.65. Following the transaction, the chief operating officer now directly owns 1,215 shares in the company, valued at approximately $65,087.55. The transaction was disclosed in a filing with the SEC, which is available through this link.

Stanley Chia also recently made the following trade(s):

  • On Wednesday, September 6th, Stanley Chia sold 705 shares of GrubHub stock. The shares were sold at an average price of $56.66, for a total value of $39,945.30.
  • On Friday, August 25th, Stanley Chia sold 4,671 shares of GrubHub stock. The shares were sold at an average price of $54.17, for a total value of $253,028.07.
  • On Thursday, August 3rd, Stanley Chia sold 822 shares of GrubHub stock. The shares were sold at an average price of $46.65, for a total value of $38,346.30.
  • On Wednesday, July 5th, Stanley Chia sold 837 shares of GrubHub stock. The stock was sold at an average price of $43.54, for a total value of $36,442.98.

Shares of GrubHub Inc (NASDAQ GRUB) traded up 1.04% during midday trading on Tuesday, hitting $54.23. The stock had a trading volume of 1,180,112 shares. The stock’s 50-day moving average is $54.36 and its 200-day moving average is $45.52. The stock has a market cap of $4.69 billion and a PE ratio of 79.75. GrubHub Inc has a 12 month low of $32.43 and a 12 month high of $57.61.

GrubHub (NASDAQ:GRUB) last announced its quarterly earnings results on Thursday, August 3rd. The information services provider reported $0.22 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.01. GrubHub had a net margin of 9.29% and a return on equity of 5.84%. The company had revenue of $158.79 million during the quarter, compared to the consensus estimate of $158.13 million. Equities analysts anticipate that GrubHub Inc will post $1.09 EPS for the current year.

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Several research analysts have issued reports on the company. Vetr upgraded GrubHub from a “sell” rating to a “strong-buy” rating and set a $62.06 price target on the stock in a report on Monday, July 17th. Roth Capital boosted their price objective on GrubHub from $47.00 to $55.00 and gave the company a “buy” rating in a report on Monday, July 17th. Bank of America Corporation boosted their price objective on GrubHub from $54.00 to $64.00 and gave the company a “buy” rating in a report on Tuesday, September 5th. Zacks Investment Research upgraded GrubHub from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a report on Tuesday, June 27th. Finally, Credit Suisse Group lowered GrubHub from an “outperform” rating to a “neutral” rating and upped their target price for the stock from $50.00 to $53.00 in a research report on Monday, September 11th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $53.42.

A number of institutional investors and hedge funds have recently modified their holdings of GRUB. Caledonia Private Investments Pty Ltd increased its holdings in shares of GrubHub by 3.4% in the 2nd quarter. Caledonia Private Investments Pty Ltd now owns 9,911,910 shares of the information services provider’s stock worth $432,159,000 after purchasing an additional 329,401 shares in the last quarter. Baillie Gifford & Co. raised its stake in shares of GrubHub by 1.7% in the second quarter. Baillie Gifford & Co. now owns 8,385,444 shares of the information services provider’s stock worth $365,605,000 after purchasing an additional 142,445 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of GrubHub by 3.0% in the second quarter. Vanguard Group Inc. now owns 6,952,748 shares of the information services provider’s stock worth $303,139,000 after purchasing an additional 203,802 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of GrubHub by 4.3% during the second quarter. BlackRock Inc. now owns 5,296,672 shares of the information services provider’s stock valued at $230,935,000 after purchasing an additional 216,307 shares in the last quarter. Finally, Carmignac Gestion lifted its holdings in shares of GrubHub by 55.4% during the second quarter. Carmignac Gestion now owns 4,976,545 shares of the information services provider’s stock valued at $216,977,000 after purchasing an additional 1,773,959 shares in the last quarter.

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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