GrubHub Inc (NASDAQ:GRUB) Director Linda Johnson Rice sold 4,307 shares of GrubHub stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $60.83, for a total transaction of $261,994.81. Following the sale, the director now directly owns 4,307 shares of the company’s stock, valued at approximately $261,994.81. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

GrubHub Inc (NASDAQ:GRUB) traded up $1.36 during trading hours on Friday, hitting $62.19. 1,683,549 shares of the 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 (EPS) for the quarter, topping the 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 for the quarter, compared to the consensus estimate of $159.63 million. During the same quarter in the previous year, the firm posted $0.23 EPS. The business’s revenue was up 32.1% compared to the same quarter last year.

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Several large investors have recently bought and sold shares of GRUB. UBS Asset Management Americas Inc. increased its holdings in shares of GrubHub by 48.6% during the 1st quarter. UBS Asset Management Americas Inc. now owns 39,963 shares of the information services provider’s stock worth $1,314,000 after purchasing an additional 13,076 shares during the period. Karp Capital Management Corp bought a new position in shares of GrubHub during the 1st quarter worth about $214,000. Ameriprise Financial Inc. bought a new position in shares of GrubHub during the 1st quarter worth about $507,000. Prudential Financial Inc. increased its holdings in shares of GrubHub by 22.5% during the 1st quarter. Prudential Financial Inc. now owns 7,300 shares of the information services provider’s stock worth $240,000 after purchasing an additional 1,340 shares during the period. Finally, Stifel Financial Corp bought a new position in shares of GrubHub during the 1st quarter worth about $252,000.

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