GrubHub Inc (NASDAQ:GRUB) CFO Adam Dewitt sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $51.13, for a total value of $255,650.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

  • On Monday, October 2nd, Adam Dewitt sold 6,722 shares of GrubHub stock. The stock was sold at an average price of $52.61, for a total value of $353,644.42.
  • On Monday, September 11th, Adam Dewitt sold 5,000 shares of GrubHub stock. The stock was sold at an average price of $55.90, for a total value of $279,500.00.
  • On Friday, September 1st, Adam Dewitt sold 6,722 shares of GrubHub stock. The stock was sold at an average price of $56.41, for a total value of $379,188.02.
  • On Wednesday, August 30th, Adam Dewitt sold 10,500 shares of GrubHub stock. The stock was sold at an average price of $54.76, for a total value of $574,980.00.
  • On Monday, August 14th, Adam Dewitt sold 5,000 shares of GrubHub stock. The stock was sold at an average price of $54.57, for a total value of $272,850.00.
  • On Friday, August 4th, Adam Dewitt sold 12,000 shares of GrubHub stock. The stock was 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 stock was sold at an average price of $46.81, for a total value of $314,656.82.

GrubHub Inc (NASDAQ GRUB) traded up 0.95% on Wednesday, reaching $52.00. The company’s stock had a trading volume of 1,097,834 shares. The firm has a 50 day moving average of $53.83 and a 200 day moving average of $46.58. The firm has a market cap of $4.49 billion and a price-to-earnings ratio of 76.47. GrubHub Inc has a 12 month low of $32.43 and a 12 month high of $57.61.

GrubHub (NASDAQ:GRUB) last released its quarterly earnings data on Thursday, August 3rd. The information services provider reported $0.22 earnings per share (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 company had revenue of $158.79 million for the quarter, compared to analyst estimates of $158.13 million. Analysts anticipate that GrubHub Inc will post $1.09 earnings per share for the current year.

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Large investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its stake in shares of GrubHub by 11.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 736,610 shares of the information services provider’s stock valued at $32,116,000 after purchasing an additional 77,237 shares during the period. Geneva Advisors LLC bought a new stake in shares of GrubHub during the 2nd quarter valued at $622,000. Oppenheimer & Co. Inc. bought a new stake in shares of GrubHub during the 1st quarter valued at $531,000. Delta Lloyd Asset Management N.V. bought a new stake in shares of GrubHub during the 2nd quarter valued at $2,126,000. Finally, Tudor Investment Corp ET AL bought a new stake in shares of GrubHub during the 1st quarter valued at $949,000.

GRUB has been the subject of a number of recent research reports. Roth Capital upped their price target on GrubHub from $47.00 to $55.00 and gave the stock a “buy” rating in a research report on Monday, July 17th. Wedbush set a $55.00 price objective on GrubHub and gave the company a “buy” rating in a report on Friday, August 4th. Stifel Nicolaus set a $53.00 price objective on GrubHub and gave the company a “buy” rating in a report on Thursday, August 3rd. Canaccord Genuity reissued a “buy” rating and issued a $50.00 price objective (up previously from $47.00) on shares of GrubHub in a report on Friday, August 4th. Finally, Credit Suisse Group set a $50.00 price objective on GrubHub and gave the company a “buy” rating in a report on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $53.74.

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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