GrubHub Inc (GRUB) Director Brian P. Mcandrews Sells 16,300 Shares

GrubHub Inc (NYSE:GRUB) Director Brian P. Mcandrews sold 16,300 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $88.27, for a total transaction of $1,438,801.00. Following the sale, the director now directly owns 1,250 shares of the company’s stock, valued at approximately $110,337.50. The sale was disclosed in a filing with the SEC, which is available at this link.

GrubHub Inc (GRUB) traded up $1.42 during trading on Tuesday, hitting $87.97. 1,260,000 shares of the stock traded hands, compared to its average volume of 2,060,000. GrubHub Inc has a twelve month low of $32.43 and a twelve month high of $94.89. The stock has a market cap of $7,630.00, a PE ratio of 78.54, a price-to-earnings-growth ratio of 3.06 and a beta of 1.54.

GrubHub (NYSE:GRUB) last posted its quarterly earnings results on Thursday, February 8th. The information services provider reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.07. The business had revenue of $205.10 million during the quarter, compared to analysts’ expectations of $201.55 million. GrubHub had a net margin of 14.49% and a return on equity of 8.47%. The business’s revenue for the quarter was up 49.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.23 EPS. analysts forecast that GrubHub Inc will post 1.22 earnings per share for the current year.

Several analysts recently issued reports on the stock. Craig Hallum upped their price objective on shares of GrubHub from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Canaccord Genuity upped their price objective on shares of GrubHub from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. They noted that the move was a valuation call. Monness Crespi & Hardt upped their price objective on shares of GrubHub from $42.00 to $65.00 and gave the company a “sell” rating in a research note on Friday. Morgan Stanley upped their price objective on shares of GrubHub from $77.00 to $100.00 and gave the company a “positive” rating in a research note on Friday. Finally, Mizuho set a $98.00 price objective on shares of GrubHub and gave the company a “buy” rating in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. GrubHub presently has an average rating of “Buy” and a consensus target price of $74.07.

Several large investors have recently bought and sold shares of GRUB. First Trust Advisors LP boosted its position in shares of GrubHub by 996.8% during the 4th quarter. First Trust Advisors LP now owns 1,610,369 shares of the information services provider’s stock worth $115,624,000 after purchasing an additional 1,463,539 shares during the period. Caledonia Private Investments Pty Ltd boosted its position in shares of GrubHub by 8.0% during 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 during the period. Janus Henderson Group PLC purchased a new position in shares of GrubHub during the 2nd quarter worth approximately $28,875,000. Koch Industries Inc. purchased a new position in shares of GrubHub during the 2nd quarter worth approximately $456,000. Finally, Lord Abbett & CO. LLC purchased a new position in shares of GrubHub during the 2nd quarter worth approximately $19,789,000.

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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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