GrubHub Inc (NASDAQ:GRUB) CEO Matthew M. Maloney sold 6,250 shares of the business’s stock in a transaction on Monday, October 9th. The stock was sold at an average price of $51.37, for a total value of $321,062.50. The transaction was disclosed in a document filed with the SEC, which is available through this link.

GrubHub Inc (NASDAQ GRUB) traded down 0.40% on Wednesday, reaching $51.98. The company had a trading volume of 547,077 shares. The firm has a market capitalization of $4.49 billion and a price-to-earnings ratio of 76.44. The company’s 50 day moving average is $54.08 and its 200-day moving average is $46.18. GrubHub Inc has a one year low of $32.43 and a one year high of $57.61.

GrubHub (NASDAQ:GRUB) last posted its quarterly earnings data 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. The business had revenue of $158.79 million for the quarter, compared to analysts’ expectations of $158.13 million. GrubHub had a return on equity of 5.84% and a net margin of 9.29%. On average, equities research analysts expect that GrubHub Inc will post $1.09 earnings per share for the current fiscal year.

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Several hedge funds have recently added to or reduced their stakes in the company. Caledonia Private Investments Pty Ltd lifted its holdings in shares of GrubHub by 3.4% during the second quarter. Caledonia Private Investments Pty Ltd now owns 9,911,910 shares of the information services provider’s stock valued at $432,159,000 after purchasing an additional 329,401 shares during the last quarter. Baillie Gifford & Co. lifted its holdings in shares of GrubHub by 1.7% during the second quarter. Baillie Gifford & Co. now owns 8,385,444 shares of the information services provider’s stock valued at $365,605,000 after purchasing an additional 142,445 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of GrubHub by 3.0% during the second quarter. Vanguard Group Inc. now owns 6,952,748 shares of the information services provider’s stock valued at $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 during 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 during the last quarter.

A number of equities research analysts recently weighed in on GRUB shares. Stifel Nicolaus set a $53.00 price objective on GrubHub and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Wedbush set a $55.00 price objective on GrubHub and gave the stock a “buy” rating in a research report on Friday, August 4th. Cowen and Company restated 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 restated a “buy” rating and set a $50.00 price objective on shares of GrubHub in a research report on Thursday, August 10th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $53.67.

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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