GrubHub Inc (NASDAQ:GRUB) CTO Maria Belousova sold 2,307 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $61.10, for a total value of $140,957.70. Following the completion of the transaction, the chief technology officer now owns 857 shares in the company, valued at approximately $52,362.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Maria Belousova also recently made the following trade(s):

  • On Friday, November 3rd, Maria Belousova sold 2,685 shares of GrubHub stock. The shares were sold at an average price of $61.03, for a total value of $163,865.55.
  • On Tuesday, October 3rd, Maria Belousova sold 2,687 shares of GrubHub stock. The shares were sold at an average price of $52.79, for a total value of $141,846.73.
  • On Friday, September 1st, Maria Belousova sold 2,308 shares of GrubHub stock. The shares were sold at an average price of $57.09, for a total value of $131,763.72.
  • On Wednesday, September 6th, Maria Belousova sold 2,686 shares of GrubHub stock. The shares were sold at an average price of $57.03, for a total value of $153,182.58.

GrubHub Inc (NASDAQ:GRUB) traded up $1.36 during trading hours on Friday, hitting $62.19. The company had a trading volume of 1,683,549 shares.

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

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GRUB has been the topic of several analyst reports. Stifel Nicolaus reissued a “buy” rating and issued a $53.00 target price (up previously from $50.00) on shares of GrubHub in a research note on Wednesday, August 9th. Wedbush set a $55.00 target price on GrubHub and gave the company a “buy” rating in a research note on Friday, August 4th. Roth Capital set a $55.00 target price on GrubHub and gave the company a “buy” rating in a research note on Monday, July 31st. Canaccord Genuity reissued a “buy” rating and issued a $50.00 target price (up previously from $47.00) on shares of GrubHub in a research note on Friday, August 4th. Finally, Credit Suisse Group set a $50.00 target price on GrubHub and gave the company a “buy” rating in a research note on Friday, August 4th. One analyst has rated the stock with a sell rating, ten have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $58.18.

A number of hedge funds have recently bought and sold shares of the business. Stevens Capital Management LP bought a new position in GrubHub in the third quarter valued at approximately $4,421,000. Old Mutual Global Investors UK Ltd. bought a new position in GrubHub in the third quarter valued at approximately $795,000. BT Investment Management Ltd bought a new position in GrubHub in the third quarter valued at approximately $195,000. Canada Pension Plan Investment Board grew its stake in GrubHub by 44.4% in the third quarter. Canada Pension Plan Investment Board now owns 967,371 shares of the information services provider’s stock valued at $50,942,000 after purchasing an additional 297,571 shares in the last quarter. Finally, Barton Investment Management grew its stake in GrubHub by 0.3% in the third quarter. Barton Investment Management now owns 567,620 shares of the information services provider’s stock valued at $29,891,000 after purchasing an additional 1,930 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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