GrubHub Inc (NYSE:GRUB) COO Stanley Chia sold 645 shares of GrubHub stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $66.54, for a total transaction of $42,918.30. Following the completion of the sale, the chief operating officer now directly owns 1,215 shares in the company, valued at approximately $80,846.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Stanley Chia also recently made the following trade(s):

  • On Friday, November 3rd, Stanley Chia sold 645 shares of GrubHub stock. The stock was sold at an average price of $60.60, for a total transaction of $39,087.00.
  • On Tuesday, October 3rd, Stanley Chia sold 645 shares of GrubHub stock. The stock was sold at an average price of $53.57, for a total transaction of $34,552.65.
  • On Wednesday, September 6th, Stanley Chia sold 705 shares of GrubHub stock. The stock was sold at an average price of $56.66, for a total transaction of $39,945.30.

GrubHub Inc (GRUB) traded up $0.64 during trading on Tuesday, reaching $67.58. 883,155 shares of the company were exchanged, compared to its average volume of 1,977,503. The company has a market cap of $5,773.86, a price-to-earnings ratio of 76.55, a PEG ratio of 3.65 and a beta of 1.67. GrubHub Inc has a twelve month low of $32.43 and a twelve month high of $69.82.

GrubHub (NYSE:GRUB) last posted its earnings results on Wednesday, October 25th. The information services provider reported $0.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.04. The business had revenue of $163.10 million for the quarter, compared to analyst estimates of $159.63 million. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. GrubHub’s revenue was up 32.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.23 EPS. analysts forecast that GrubHub Inc will post 0.89 EPS for the current year.

Several analysts have recently issued reports on GRUB shares. Cowen reissued an “outperform” rating and issued a $78.00 price target (up previously from $65.00) on shares of GrubHub in a research report on Friday. Craig Hallum reissued a “buy” rating and issued a $80.00 price target (up previously from $70.00) on shares of GrubHub in a research report on Tuesday, November 21st. KeyCorp set a $62.00 price target on shares of GrubHub and gave the company a “buy” rating in a research report on Thursday, November 16th. Zacks Investment Research lowered shares of GrubHub from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, DA Davidson reissued a “hold” rating and issued a $50.00 price target (up previously from $48.00) on shares of GrubHub in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. GrubHub has a consensus rating of “Buy” and an average price target of $59.18.

Institutional investors have recently bought and sold shares of the stock. Lord Abbett & CO. LLC bought a new stake in GrubHub during the 2nd quarter worth approximately $19,789,000. Bank of New York Mellon Corp increased its holdings in 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 worth $32,116,000 after acquiring an additional 77,237 shares during the period. Geneva Advisors LLC bought a new stake in GrubHub during the 2nd quarter worth approximately $622,000. Delta Lloyd Asset Management N.V. bought a new stake in GrubHub during the 2nd quarter worth approximately $2,126,000. Finally, Principal Financial Group Inc. increased its holdings in GrubHub by 51.3% during the 2nd quarter. Principal Financial Group Inc. now owns 17,348 shares of the information services provider’s stock worth $756,000 after acquiring an additional 5,880 shares during the period.

WARNING: This piece of content was first posted by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/12/05/grubhub-inc-grub-coo-stanley-chia-sells-645-shares.html.

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 (NYSE:GRUB)

Receive News & Ratings for GrubHub Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GrubHub Inc and related companies with MarketBeat.com's FREE daily email newsletter.