GrubHub Inc (NYSE:GRUB) CFO Adam Dewitt sold 6,722 shares of the stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $66.34, for a total value of $445,937.48. Following the transaction, the chief financial officer now directly owns 19,814 shares in the company, valued at approximately $1,314,460.76. The transaction was disclosed in a filing with the SEC, which is available at this link.

Adam Dewitt also recently made the following trade(s):

  • On Monday, November 20th, Adam Dewitt sold 5,000 shares of GrubHub stock. The stock was sold at an average price of $64.61, for a total value of $323,050.00.
  • On Monday, November 6th, Adam Dewitt sold 6,722 shares of GrubHub stock. The stock was sold at an average price of $61.90, for a total value of $416,091.80.
  • On Monday, October 16th, Adam Dewitt sold 5,000 shares of GrubHub stock. The stock was sold at an average price of $51.13, for a total value of $255,650.00.
  • On Monday, October 2nd, Adam Dewitt sold 6,722 shares of GrubHub stock. The stock was sold at an average price of $52.61, for a total value of $353,644.42.
  • On Monday, September 11th, Adam Dewitt sold 5,000 shares of GrubHub stock. The stock was sold at an average price of $55.90, for a total value of $279,500.00.

Shares of GrubHub Inc (GRUB) traded up $0.64 during midday trading on Tuesday, reaching $67.58. The company’s stock had a trading volume of 883,155 shares, compared to its average volume of 1,977,503. GrubHub Inc has a 12 month low of $32.43 and a 12 month high of $69.82. The stock has a market cap of $5,773.86, a P/E ratio of 76.55, a price-to-earnings-growth ratio of 3.65 and a beta of 1.67.

GrubHub (NYSE:GRUB) last issued its quarterly earnings results on Wednesday, October 25th. The information services provider reported $0.28 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.04. GrubHub had a return on equity of 7.45% and a net margin of 9.60%. 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 prior year, the business earned $0.23 EPS. GrubHub’s revenue was up 32.1% on a year-over-year basis. research analysts anticipate that GrubHub Inc will post 0.89 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Lord Abbett & CO. LLC purchased a new position in shares of GrubHub in the 2nd quarter valued at about $19,789,000. Bank of New York Mellon Corp increased its holdings in shares of GrubHub by 11.7% in 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 acquiring an additional 77,237 shares during the last quarter. Geneva Advisors LLC purchased a new position in shares of GrubHub in the 2nd quarter valued at about $622,000. Delta Lloyd Asset Management N.V. purchased a new position in shares of GrubHub in the 2nd quarter valued at about $2,126,000. Finally, Principal Financial Group Inc. increased its holdings in shares of GrubHub by 51.3% in the 2nd quarter. Principal Financial Group Inc. now owns 17,348 shares of the information services provider’s stock valued at $756,000 after acquiring an additional 5,880 shares during the last quarter.

Several equities analysts recently issued reports on GRUB shares. Stifel Nicolaus reissued a “buy” rating and set a $53.00 target price (up previously from $50.00) on shares of GrubHub in a research note on Wednesday, August 9th. Canaccord Genuity reissued a “buy” rating and set a $50.00 target price on shares of GrubHub in a research note on Thursday, August 10th. BidaskClub raised GrubHub from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. KeyCorp reissued a “buy” rating and set a $62.00 target price (up previously from $56.00) on shares of GrubHub in a research note on Wednesday, September 6th. Finally, Bank of America increased their target price on GrubHub from $54.00 to $64.00 and gave the stock a “buy” rating in a research note on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. GrubHub has an average rating of “Buy” and a consensus price target of $59.18.

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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)

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