GrubHub Inc (NYSE:GRUB) CFO Adam Dewitt sold 6,722 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $70.92, for a total value of $476,724.24. Following the transaction, the chief financial officer now owns 18,444 shares in the company, valued at approximately $1,308,048.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Monday, December 18th, Adam Dewitt sold 5,000 shares of GrubHub stock. The stock was sold at an average price of $72.80, for a total value of $364,000.00.
  • On Monday, December 4th, Adam Dewitt sold 6,722 shares of GrubHub stock. The shares were sold at an average price of $66.34, for a total value of $445,937.48.
  • On Monday, November 20th, Adam Dewitt sold 5,000 shares of GrubHub stock. The shares were 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 shares were 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 shares were sold at an average price of $51.13, for a total value of $255,650.00.

GrubHub Inc (GRUB) traded up $0.06 on Wednesday, reaching $71.32. The company had a trading volume of 911,801 shares, compared to its average volume of 1,252,950. GrubHub Inc has a 1 year low of $32.43 and a 1 year high of $74.81. The firm has a market cap of $6,180.00, a PE ratio of 104.88, a price-to-earnings-growth ratio of 3.10 and a beta of 1.67.

GrubHub (NYSE:GRUB) last released its earnings results on Wednesday, October 25th. The information services provider reported $0.28 EPS 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 firm had revenue of $163.10 million during the quarter, compared to analysts’ expectations of $159.63 million. During the same period in the previous year, the firm posted $0.23 EPS. GrubHub’s revenue for the quarter was up 32.1% on a year-over-year basis. research analysts expect that GrubHub Inc will post 0.89 EPS for the current fiscal year.

GRUB has been the topic of several research reports. Stifel Nicolaus restated a “buy” rating and issued a $53.00 target price on shares of GrubHub in a research report on Wednesday, October 4th. Craig Hallum initiated coverage on GrubHub in a research report on Monday, September 25th. They issued a “buy” rating and a $70.00 target price on the stock. Canaccord Genuity raised their target price on GrubHub from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Monday, September 18th. KeyCorp reiterated a “buy” rating and set a $62.00 price objective (up previously from $56.00) on shares of GrubHub in a research report on Wednesday, September 6th. Finally, Bank of America lifted their price objective on GrubHub from $54.00 to $64.00 and gave the stock a “buy” rating in a research report on Tuesday, September 5th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $60.48.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lord Abbett & CO. LLC acquired a new position in GrubHub during the 2nd quarter worth $19,789,000. Bank of New York Mellon Corp lifted 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 buying an additional 77,237 shares during the last quarter. Delta Lloyd Asset Management N.V. purchased a new stake in GrubHub during the 2nd quarter worth about $2,126,000. Principal Financial Group Inc. lifted 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 buying an additional 5,880 shares during the last quarter. Finally, Timpani Capital Management LLC purchased a new stake in GrubHub during the 2nd quarter worth about $1,987,000.

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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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