GrubHub Inc (NASDAQ:GRUB) SVP Margo Drucker sold 1,237 shares of the stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $61.10, for a total transaction of $75,580.70. Following the completion of the sale, the senior vice president now owns 892 shares of the company’s stock, valued at approximately $54,501.20. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Margo Drucker also recently made the following trade(s):

  • On Friday, November 3rd, Margo Drucker sold 1,620 shares of GrubHub stock. The stock was sold at an average price of $60.98, for a total transaction of $98,787.60.
  • On Tuesday, October 3rd, Margo Drucker sold 1,736 shares of GrubHub stock. The stock was sold at an average price of $52.92, for a total transaction of $91,869.12.
  • On Friday, September 1st, Margo Drucker sold 1,238 shares of GrubHub stock. The stock was sold at an average price of $57.09, for a total transaction of $70,677.42.
  • On Wednesday, September 6th, Margo Drucker sold 1,737 shares of GrubHub stock. The stock was sold at an average price of $56.97, for a total transaction of $98,956.89.
  • On Tuesday, August 8th, Margo Drucker sold 400 shares of GrubHub stock. The stock was sold at an average price of $55.52, for a total transaction of $22,208.00.

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

GrubHub (NASDAQ:GRUB) last issued its quarterly earnings results on Wednesday, October 25th. The information services provider reported $0.28 EPS 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 analysts’ expectations of $159.63 million. During the same quarter last year, the company posted $0.23 EPS. The firm’s revenue was up 32.1% compared to the same quarter last year.

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A number of analysts have recently issued reports on the stock. 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. DA Davidson assumed coverage on shares of GrubHub in a report on Wednesday, September 13th. They set a “neutral” rating and a $48.00 price target for the company. Cowen and Company restated an “outperform” rating and set a $65.00 price target (up previously from $54.00) on shares of GrubHub in a report on Thursday, September 14th. Craig Hallum assumed coverage on shares of GrubHub in a report on Monday, September 25th. They set a “buy” rating and a $70.00 price target for the company. Finally, Citigroup Inc. downgraded shares of GrubHub from a “buy” rating to a “neutral” rating and raised their price target for the stock from $52.00 to $56.00 in a report on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. GrubHub currently has a consensus rating of “Buy” and an average price target of $58.18.

Several institutional investors have recently added to or reduced their stakes in GRUB. PNC Financial Services Group Inc. lifted its position in shares of GrubHub by 6.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,453 shares of the information services provider’s stock worth $108,000 after purchasing an additional 148 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of GrubHub by 11.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,761 shares of the information services provider’s stock worth $120,000 after purchasing an additional 285 shares during the last quarter. Fortaleza Asset Management Inc. purchased a new stake in shares of GrubHub during the 2nd quarter worth $146,000. Chicago Partners Investment Group LLC purchased a new stake in shares of GrubHub during the 2nd quarter worth $154,000. Finally, Asset Dedication LLC purchased a new stake in shares of GrubHub during the 3rd quarter worth $165,000.

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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