GrubHub Inc (NASDAQ:GRUB) CMO Barbara Martin Coppola sold 1,458 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $61.10, for a total transaction of $89,083.80. Following the sale, the chief marketing officer now owns 9,262 shares of the company’s stock, valued at $565,908.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Barbara Martin Coppola also recently made the following trade(s):

  • On Monday, October 2nd, Barbara Martin Coppola sold 1,459 shares of GrubHub stock. The stock was sold at an average price of $52.66, for a total transaction of $76,830.94.
  • On Wednesday, September 20th, Barbara Martin Coppola sold 2,342 shares of GrubHub stock. The stock was sold at an average price of $54.32, for a total transaction of $127,217.44.
  • On Tuesday, August 8th, Barbara Martin Coppola sold 2,916 shares of GrubHub stock. The shares were sold at an average price of $55.97, for a total transaction of $163,208.52.

GrubHub Inc (GRUB) traded up $1.36 during trading on Friday, reaching $62.19. 1,683,549 shares of the company’s stock traded hands.

GrubHub (NASDAQ:GRUB) last posted its quarterly earnings data on Wednesday, October 25th. The information services provider reported $0.28 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.04. GrubHub had a net margin of 7.97% and a return on equity of 5.01%. The company had revenue of $163.10 million during the quarter, compared to analyst estimates of $159.63 million. During the same quarter last year, the firm posted $0.23 EPS. The business’s revenue for the quarter was up 32.1% on a year-over-year basis.

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Large investors have recently bought and sold shares of the company. Lord Abbett & CO. LLC bought a new position in shares of GrubHub during the 2nd quarter valued at about $19,789,000. Bank of New York Mellon Corp boosted its position 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 in the last quarter. Geneva Advisors LLC bought a new position in shares of GrubHub during the 2nd quarter valued at about $622,000. Delta Lloyd Asset Management N.V. bought a new position in shares of GrubHub during the 2nd quarter valued at about $2,126,000. Finally, River & Mercantile Asset Management LLP boosted its position in shares of GrubHub by 86.1% during the 2nd quarter. River & Mercantile Asset Management LLP now owns 70,814 shares of the information services provider’s stock valued at $3,086,000 after purchasing an additional 32,764 shares in the last quarter.

Several brokerages have recently weighed in on GRUB. Zacks Investment Research upgraded shares of GrubHub from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a research note on Tuesday. DA Davidson restated a “hold” rating and issued a $50.00 target price (up from $48.00) on shares of GrubHub in a research note on Friday, October 27th. Barclays PLC upped their target price on shares of GrubHub from $45.00 to $56.00 and gave the company an “equal weight” rating in a research note on Thursday, October 26th. Canaccord Genuity restated a “buy” rating and issued a $68.00 target price (up from $60.00) on shares of GrubHub in a research note on Thursday, October 26th. Finally, Wells Fargo & Company restated a “hold” rating and issued a $58.00 target price on shares of GrubHub in a research note on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $58.18.

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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