GrubHub Inc (GRUB) CEO Matthew M. Maloney Sells 56,250 Shares
GrubHub Inc (NYSE:GRUB) CEO Matthew M. Maloney sold 56,250 shares of GrubHub stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $71.09, for a total value of $3,998,812.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
GrubHub Inc (GRUB) traded up $0.56 during mid-day trading on Thursday, reaching $71.88. The company had a trading volume of 1,059,171 shares, compared to its average volume of 1,188,333. The company has a market cap of $6,230.00, a PE ratio of 105.71, a PEG ratio of 3.08 and a beta of 1.67. GrubHub Inc has a fifty-two week low of $32.43 and a fifty-two week high of $74.81.
GrubHub (NYSE:GRUB) last announced its earnings results on Wednesday, October 25th. The information services provider reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. The business had revenue of $163.10 million during 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%. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.23 EPS. research analysts forecast that GrubHub Inc will post 0.89 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Caledonia Private Investments Pty Ltd increased its stake in shares of GrubHub by 8.0% in the 3rd quarter. Caledonia Private Investments Pty Ltd now owns 10,702,879 shares of the information services provider’s stock worth $563,614,000 after purchasing an additional 790,969 shares in the last quarter. Baillie Gifford & Co. increased its stake in shares of GrubHub by 1.7% in the 2nd quarter. Baillie Gifford & Co. now owns 8,385,444 shares of the information services provider’s stock worth $365,605,000 after purchasing an additional 142,445 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of GrubHub by 3.0% in the 2nd quarter. Vanguard Group Inc. now owns 6,952,748 shares of the information services provider’s stock worth $303,139,000 after purchasing an additional 203,802 shares in the last quarter. BlackRock Inc. increased its stake in shares of GrubHub by 4.3% in the 2nd quarter. BlackRock Inc. now owns 5,296,672 shares of the information services provider’s stock worth $230,935,000 after purchasing an additional 216,307 shares in the last quarter. Finally, Carmignac Gestion increased its stake in shares of GrubHub by 5.2% in the 3rd quarter. Carmignac Gestion now owns 5,233,974 shares of the information services provider’s stock worth $275,621,000 after purchasing an additional 257,429 shares in the last quarter.
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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.
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