GrubHub Inc (NYSE:GRUB) insider Maria Belousova sold 28,761 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $86.57, for a total value of $2,489,839.77. Following the completion of the sale, the insider now directly owns 14,685 shares in the company, valued at approximately $1,271,280.45. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Maria Belousova also recently made the following trade(s):
- On Thursday, February 1st, Maria Belousova sold 2,308 shares of GrubHub stock. The shares were sold at an average price of $71.87, for a total value of $165,875.96.
- On Monday, February 5th, Maria Belousova sold 2,838 shares of GrubHub stock. The shares were sold at an average price of $71.14, for a total value of $201,895.32.
- On Wednesday, January 3rd, Maria Belousova sold 2,766 shares of GrubHub stock. The shares were sold at an average price of $71.43, for a total value of $197,575.38.
- On Friday, December 1st, Maria Belousova sold 2,308 shares of GrubHub stock. The shares were sold at an average price of $67.46, for a total value of $155,697.68.
- On Tuesday, December 5th, Maria Belousova sold 2,686 shares of GrubHub stock. The shares were sold at an average price of $67.33, for a total value of $180,848.38.
GrubHub Inc (NYSE:GRUB) traded up $5.42 during mid-day trading on Wednesday, hitting $93.39. The stock had a trading volume of 2,580,000 shares, compared to its average volume of 2,070,000. The firm has a market cap 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 Inc has a 1-year low of $32.43 and a 1-year high of $94.89.
Several hedge funds have recently added to or reduced their stakes in GRUB. First Trust Advisors LP increased its holdings 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 buying an additional 1,463,539 shares during the last quarter. Caledonia Private Investments Pty Ltd increased its holdings 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 buying an additional 790,969 shares during the last quarter. Janus Henderson Group PLC acquired a new stake in GrubHub in the 2nd quarter valued at $28,875,000. Lord Abbett & CO. LLC acquired a new stake in GrubHub in the 2nd quarter valued at $19,789,000. Finally, Stephens Investment Management Group LLC acquired a new stake in GrubHub in the 4th quarter valued at $27,998,000.
GRUB has been the topic of a number of recent research reports. Barclays upped their target price on GrubHub from $45.00 to $56.00 and gave the company an “equal weight” rating in a research note on Thursday, October 26th. Wells Fargo & Co reaffirmed a “hold” rating and issued a $58.00 target price on shares of GrubHub in a research note on Thursday, October 26th. DA Davidson reiterated a “hold” rating and issued a $50.00 price target (up from $48.00) on shares of GrubHub in a report on Friday, October 27th. Wedbush downgraded GrubHub from an “outperform” rating to a “neutral” rating and boosted their price target for the company from $65.00 to $70.00 in a report on Monday, January 8th. They noted that the move was a valuation call. Finally, Oppenheimer boosted their price target on GrubHub to $80.00 and gave the company an “outperform” rating in a report on Friday, January 5th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $74.07.
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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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