Grubhub (GRUB) CFO Sells $222,300.00 in Stock

Grubhub (NYSE:GRUB) CFO Adam Dewitt sold 2,250 shares of Grubhub stock in a transaction that occurred on Monday, April 16th. The shares were sold at an average price of $98.80, for a total transaction of $222,300.00. Following the sale, the chief financial officer now directly owns 17,706 shares in the company, valued at $1,749,352.80. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Adam Dewitt also recently made the following trade(s):

  • On Monday, April 2nd, Adam Dewitt sold 2,500 shares of Grubhub stock. The shares were sold at an average price of $100.99, for a total transaction of $252,475.00.
  • On Monday, March 19th, Adam Dewitt sold 2,250 shares of Grubhub stock. The shares were sold at an average price of $107.83, for a total transaction of $242,617.50.
  • On Monday, March 5th, Adam Dewitt sold 2,500 shares of Grubhub stock. The shares were sold at an average price of $99.18, for a total transaction of $247,950.00.
  • On Tuesday, February 20th, Adam Dewitt sold 5,000 shares of Grubhub stock. The shares were sold at an average price of $96.34, for a total transaction of $481,700.00.
  • On Monday, February 5th, Adam Dewitt sold 22,359 shares of Grubhub stock. The stock was sold at an average price of $69.20, for a total transaction of $1,547,242.80.

Grubhub stock opened at $101.67 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.07 and a current ratio of 2.07. Grubhub has a 12-month low of $34.40 and a 12-month high of $112.41. The firm has a market cap of $8,871.14, a P/E ratio of 102.77, a P/E/G ratio of 3.79 and a beta of 0.98.

Grubhub (NYSE:GRUB) last released its earnings results on Thursday, February 8th. The information services provider reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.07. Grubhub had a net margin of 14.49% and a return on equity of 8.29%. The company had revenue of $205.10 million for the quarter, compared to the consensus estimate of $201.55 million. During the same quarter in the previous year, the company earned $0.23 EPS. Grubhub’s quarterly revenue was up 49.2% compared to the same quarter last year. equities research analysts expect that Grubhub will post 1.16 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the stock. QS Investors LLC acquired a new position in shares of Grubhub during the 4th quarter valued at $129,000. Cubist Systematic Strategies LLC acquired a new position in shares of Grubhub during the 3rd quarter valued at $105,000. Bronfman E.L. Rothschild L.P. lifted its position in shares of Grubhub by 53.7% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,533 shares of the information services provider’s stock valued at $182,000 after acquiring an additional 885 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Grubhub during the 4th quarter valued at $202,000. Finally, Reliance Trust Co. of Delaware acquired a new position in shares of Grubhub during the 4th quarter valued at $208,000.

Several equities research analysts recently commented on GRUB shares. Bank of America downgraded shares of Grubhub from a “buy” rating to a “neutral” rating in a research report on Tuesday, March 6th. They noted that the move was a valuation call. Barclays downgraded shares of Grubhub from an “equal weight” rating to an “underweight” rating and set a $56.00 target price on the stock. in a research report on Tuesday, January 30th. Zacks Investment Research upgraded shares of Grubhub from a “hold” rating to a “buy” rating and set a $80.00 target price on the stock in a research report on Tuesday, January 9th. ValuEngine upgraded shares of Grubhub from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Finally, Wedbush downgraded shares of Grubhub from an “outperform” rating to a “neutral” rating and lifted their target price for the stock from $65.00 to $70.00 in a research report on Monday, January 8th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Grubhub presently has an average rating of “Hold” and an average price target of $81.02.

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Grubhub Company Profile

GrubHub Inc, together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 80,000 local restaurants with diners in approximately 1,600 cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites for iPhone, Android, iPad, Apple Watch, and Apple TV devices; and operates Grubhub, Seamless, and Eat24 Websites through grubhub.com, seamless.com, and eat24.com.

Insider Buying and Selling by Quarter for Grubhub (NYSE:GRUB)

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