Grubhub Inc. (NYSE:GRUB) insider Margo Drucker sold 1,975 shares of the business’s stock in a transaction dated Tuesday, May 4th. The shares were sold at an average price of $67.28, for a total value of $132,878.00.
Margo Drucker also recently made the following trade(s):
- On Wednesday, February 3rd, Margo Drucker sold 2,138 shares of Grubhub stock. The stock was sold at an average price of $74.75, for a total value of $159,815.50.
Shares of Grubhub stock traded down $2.88 during trading on Tuesday, reaching $65.96. The company’s stock had a trading volume of 1,605,280 shares, compared to its average volume of 1,553,629. The stock has a 50-day moving average price of $66.50 and a two-hundred day moving average price of $71.08. The stock has a market capitalization of $6.16 billion, a P/E ratio of -52.77 and a beta of 0.96. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. Grubhub Inc. has a one year low of $43.26 and a one year high of $85.53.
Grubhub (NYSE:GRUB) last announced its earnings results on Wednesday, April 28th. The information services provider reported ($0.56) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.23) by ($0.33). The company had revenue of $550.90 million during the quarter, compared to the consensus estimate of $526.90 million. Grubhub had a negative return on equity of 4.44% and a negative net margin of 6.99%. The firm’s revenue was up 51.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Grubhub Inc. will post -0.88 EPS for the current fiscal year.
Several institutional investors have recently modified their holdings of GRUB. Norges Bank bought a new stake in Grubhub in the fourth quarter valued at approximately $60,401,000. TIG Advisors LLC lifted its stake in Grubhub by 32.2% in the 4th quarter. TIG Advisors LLC now owns 1,924,305 shares of the information services provider’s stock valued at $142,918,000 after acquiring an additional 468,220 shares in the last quarter. Tudor Investment Corp Et Al boosted its position in Grubhub by 69.4% during the 4th quarter. Tudor Investment Corp Et Al now owns 1,132,938 shares of the information services provider’s stock worth $84,143,000 after acquiring an additional 464,224 shares during the last quarter. ProShare Advisors LLC grew its stake in shares of Grubhub by 93.7% during the 4th quarter. ProShare Advisors LLC now owns 705,926 shares of the information services provider’s stock worth $52,429,000 after acquiring an additional 341,549 shares in the last quarter. Finally, Syquant Capital Sas raised its holdings in shares of Grubhub by 138.8% in the first quarter. Syquant Capital Sas now owns 585,000 shares of the information services provider’s stock valued at $35,100,000 after purchasing an additional 340,000 shares during the last quarter. Institutional investors own 98.64% of the company’s stock.
Several brokerages recently commented on GRUB. Morgan Stanley raised their target price on Grubhub from $49.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Monday, January 11th. Credit Suisse Group reduced their price objective on shares of Grubhub from $75.00 to $71.00 and set a “neutral” rating for the company in a report on Thursday, April 29th. Finally, Zacks Investment Research cut shares of Grubhub from a “hold” rating to a “strong sell” rating and set a $57.00 target price on the stock. in a research note on Tuesday. One analyst has rated the stock with a sell rating and seventeen have issued a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $64.92.
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 300,000 local restaurants with diners in various cities. It offers mobile applications and mobile Websites; and operates Websites through grubhub.com, seamless.com, and menupages.com.
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