STUB (NYSE:STUB – Get Free Report) insider Mark Streams sold 18,167 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $13.03, for a total transaction of $236,716.01. Following the completion of the transaction, the insider owned 1,437,135 shares of the company’s stock, valued at $18,725,869.05. This trade represents a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mark Streams also recently made the following trade(s):
- On Monday, June 29th, Mark Streams sold 300 shares of STUB stock. The shares were sold at an average price of $13.00, for a total transaction of $3,900.00.
- On Thursday, May 14th, Mark Streams sold 232,567 shares of STUB stock. The stock was sold at an average price of $9.04, for a total transaction of $2,102,405.68.
STUB Stock Performance
NYSE STUB traded down $0.05 on Wednesday, hitting $12.82. The stock had a trading volume of 4,557,325 shares, compared to its average volume of 8,518,099. The business has a 50-day moving average of $9.62. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.96. STUB has a 52-week low of $5.74 and a 52-week high of $27.89. The company has a market capitalization of $4.81 billion and a P/E ratio of -21.37.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the company. Wedbush reiterated a “neutral” rating and set a $10.00 price target (down from $18.00) on shares of STUB in a research report on Thursday, March 5th. Guggenheim reaffirmed a “buy” rating on shares of STUB in a research note on Friday, June 12th. Weiss Ratings reiterated a “sell (e+)” rating on shares of STUB in a research report on Thursday, June 4th. Craig Hallum cut shares of STUB from a “hold” rating to a “hold” rating in a research note on Tuesday, May 19th. Finally, Wall Street Zen lowered shares of STUB from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $11.50.
Check Out Our Latest Stock Report on STUB
Hedge Funds Weigh In On STUB
Several institutional investors have recently modified their holdings of the company. Royal Bank of Canada raised its holdings in shares of STUB by 194.4% during the 1st quarter. Royal Bank of Canada now owns 6,382 shares of the company’s stock valued at $39,000 after buying an additional 4,214 shares in the last quarter. Ardmore Road Asset Management LP grew its position in STUB by 25.0% during the fourth quarter. Ardmore Road Asset Management LP now owns 25,000 shares of the company’s stock valued at $338,000 after acquiring an additional 5,000 shares during the last quarter. Pittenger & Anderson Inc. bought a new position in STUB during the first quarter valued at approximately $34,000. Cornerstone Wealth Management LLC raised its stake in shares of STUB by 20.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 36,440 shares of the company’s stock worth $493,000 after acquiring an additional 6,070 shares in the last quarter. Finally, Garner Asset Management Corp bought a new stake in shares of STUB in the 4th quarter worth approximately $92,000.
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.
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