GrubHub Inc (NYSE:GRUB) CEO Matthew M. Maloney sold 6,250 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $86.02, for a total transaction of $537,625.00. Following the transaction, the chief executive officer now owns 12,950 shares of the company’s stock, valued at approximately $1,113,959. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of GrubHub Inc (NYSE GRUB) traded up $5.42 during trading on Wednesday, hitting $93.39. 2,580,000 shares of the stock were exchanged, compared to its average volume of 2,070,000. GrubHub Inc has a 52-week low of $32.43 and a 52-week high of $94.89. The stock has a market capitalization of $8,100.00, a P/E ratio of 83.38, a price-to-earnings-growth ratio of 2.97 and a beta of 1.54.
GrubHub (NYSE:GRUB) last announced its quarterly earnings results on Thursday, February 8th. The information services provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.07. GrubHub had a net margin of 14.49% and a return on equity of 8.47%. The firm had revenue of $205.10 million for the quarter, compared to the consensus estimate of $201.55 million. During the same period in the prior year, the firm posted $0.23 earnings per share. The company’s revenue for the quarter was up 49.2% on a year-over-year basis. analysts expect that GrubHub Inc will post 1.26 earnings per share for the current fiscal year.
Several institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. lifted its holdings in shares of GrubHub by 6.4% in the second quarter. PNC Financial Services Group Inc. now owns 2,453 shares of the information services provider’s stock worth $108,000 after buying an additional 148 shares in the last quarter. Ameritas Investment Partners Inc. lifted its holdings in shares of GrubHub by 8.1% in the second quarter. Ameritas Investment Partners Inc. now owns 7,544 shares of the information services provider’s stock worth $329,000 after buying an additional 567 shares in the last quarter. Amalgamated Bank raised its stake in GrubHub by 6.9% in the fourth quarter. Amalgamated Bank now owns 11,701 shares of the information services provider’s stock valued at $840,000 after purchasing an additional 759 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in GrubHub by 53.7% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 2,533 shares of the information services provider’s stock valued at $182,000 after purchasing an additional 885 shares in the last quarter. Finally, Advisor Group Inc. raised its stake in GrubHub by 20.5% in the fourth quarter. Advisor Group Inc. now owns 5,385 shares of the information services provider’s stock valued at $386,000 after purchasing an additional 917 shares in the last quarter.
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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.
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