GrubHub Inc (GRUB) CEO Matthew M. Maloney Sells 56,250 Shares

GrubHub Inc (NYSE:GRUB) CEO Matthew M. Maloney sold 56,250 shares of the firm’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $71.09, for a total transaction of $3,998,812.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

GrubHub Inc (GRUB) traded up $2.52 during trading on Friday, hitting $70.74. 1,030,000 shares of the stock traded hands, compared to its average volume of 1,300,000. The firm has a market cap of $6,130.00, a price-to-earnings ratio of 104.03, a PEG ratio of 3.15 and a beta of 1.67. GrubHub Inc has a one year low of $32.43 and a one year high of $74.81.

GrubHub (NYSE:GRUB) last released its quarterly earnings data on Wednesday, October 25th. The information services provider reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.04. The company had revenue of $163.10 million for 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%. GrubHub’s revenue for the quarter 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. equities research analysts predict that GrubHub Inc will post 0.89 EPS for the current year.

GRUB has been the topic of several recent research reports. Stifel Nicolaus reiterated a “buy” rating and issued a $53.00 price target on shares of GrubHub in a research note on Wednesday, October 4th. Craig Hallum initiated coverage on shares of GrubHub in a research note on Monday, September 25th. They issued a “buy” rating and a $70.00 price target on the stock. Canaccord Genuity lifted their price target on shares of GrubHub from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, September 18th. KeyCorp set a $62.00 price target on shares of GrubHub and gave the company a “buy” rating in a research note on Sunday, October 15th. Finally, Morgan Stanley reiterated a “buy” rating and issued a $63.00 price target (up from $59.00) on shares of GrubHub in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. GrubHub has a consensus rating of “Buy” and a consensus target price of $62.61.

Several hedge funds have recently made changes to their positions in the stock. Caledonia Private Investments Pty Ltd boosted 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 period. Baillie Gifford & Co. boosted its holdings in shares of GrubHub by 1.7% during the 2nd quarter. Baillie Gifford & Co. now owns 8,385,444 shares of the information services provider’s stock worth $365,605,000 after buying an additional 142,445 shares during the period. Vanguard Group Inc. boosted its holdings in shares of GrubHub by 3.0% during the 2nd quarter. Vanguard Group Inc. now owns 6,952,748 shares of the information services provider’s stock worth $303,139,000 after buying an additional 203,802 shares during the period. BlackRock Inc. boosted its holdings in shares of GrubHub by 4.3% during the 2nd quarter. BlackRock Inc. now owns 5,296,672 shares of the information services provider’s stock worth $230,935,000 after buying an additional 216,307 shares during the period. Finally, Carmignac Gestion boosted its holdings in shares of GrubHub by 5.2% during the 3rd quarter. Carmignac Gestion now owns 5,233,974 shares of the information services provider’s stock worth $275,621,000 after buying an additional 257,429 shares during the period.

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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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