Nayaab Islam Sells 2,800 Shares of STUB (NYSE:STUB) Stock

STUB (NYSE:STUB) insider Nayaab Islam sold 2,800 shares of STUB stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $14.01, for a total value of $39,228.00. Following the sale, the insider directly owned 8,451,964 shares in the company, valued at $118,412,015.64. This trade represents a 0.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nayaab Islam also recently made the following trade(s):

• On Monday, July 6th, Nayaab Islam sold 54,801 shares of STUB stock. The shares were sold at an average price of $13.03, for a total value of $714,057.03.
• On Wednesday, July 1st, Nayaab Islam sold 2,099 shares of STUB stock. The shares were sold at an average price of $13.00, for a total transaction of $27,287.00.
• On Tuesday, June 30th, Nayaab Islam sold 25,400 shares of STUB stock. The stock was sold at an average price of $13.03, for a total value of $330,962.00.
• On Monday, June 29th, Nayaab Islam sold 1,300 shares of STUB stock. The shares were sold at an average price of $13.00, for a total value of $16,900.00.
• On Friday, June 26th, Nayaab Islam sold 25,080 shares of STUB stock. The stock was sold at an average price of $12.05, for a total value of $302,214.00.
• On Monday, June 15th, Nayaab Islam sold 16,720 shares of STUB stock. The stock was sold at an average price of $11.37, for a total transaction of $190,106.40.

STUB Stock Down 3.4%

Shares of STUB stock opened at $11.12 on Friday. The stock has a market cap of $4.18 billion and a price-to-earnings ratio of -18.54. The company has a 50-day simple moving average of $10.37. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.96. STUB has a twelve month low of $5.74 and a twelve month high of $27.89.

STUB (NYSE:STUB) last released its earnings results on Wednesday, May 13th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.07. The company had revenue of $446.05 million for the quarter. STUB’s revenue was up 12.2% on a year-over-year basis. On average, sell-side analysts expect that STUB will post 0.56 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on STUB shares. Morgan Stanley raised their target price on shares of STUB from $8.75 to $10.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 10th. HSBC upgraded STUB to a “buy” rating in a research report on Tuesday, May 19th. Sanford C. Bernstein raised STUB to an “outperform” rating in a report on Tuesday, May 19th. Guggenheim reiterated a “buy” rating on shares of STUB in a research note on Friday, June 12th. Finally, Wall Street Zen lowered STUB from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $11.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of STUB. CWM LLC raised its position in STUB by 56,638.1% in the fourth quarter. CWM LLC now owns 276,882 shares of the company’s stock worth $3,746,000 after acquiring an additional 276,394 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in STUB in the fourth quarter valued at approximately $1,044,000. Garner Asset Management Corp bought a new stake in STUB during the fourth quarter worth approximately $92,000. International Assets Investment Management LLC bought a new stake in shares of STUB during the 4th quarter worth $149,000. Finally, Baader Bank Aktiengesellschaft acquired a new position in STUB in the 4th quarter valued at $1,015,000.

About STUB

Stubhub Holdings Inc, through its subsidiaries, provides an online marketplace to buy and sell tickets for sports, concerts, theater, festivals and other live events. Stubhub Holdings Inc is based in NEW YORK.