STUB (NYSE:STUB – Get Free Report) insider Mark Streams sold 3,002 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $13.00, for a total value of $39,026.00. Following the completion of the sale, the insider owned 1,434,133 shares in the company, valued at approximately $18,643,729. This represents a 0.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mark Streams also recently made the following trade(s):
- On Monday, July 6th, Mark Streams sold 28,531 shares of STUB stock. The shares were sold at an average price of $13.02, for a total transaction of $371,473.62.
- On Tuesday, June 30th, Mark Streams sold 18,167 shares of STUB stock. The shares were sold at an average price of $13.03, for a total transaction of $236,716.01.
- On Monday, June 29th, Mark Streams sold 300 shares of STUB stock. The stock was 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 shares were sold at an average price of $9.04, for a total value of $2,102,405.68.
STUB Stock Down 6.0%
Shares of STUB stock opened at $12.71 on Thursday. 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. The company has a 50-day simple moving average of $10.22. The stock has a market cap of $4.77 billion and a price-to-earnings ratio of -21.19.
Key Headlines Impacting STUB
Here are the key news stories impacting STUB this week:
- Negative Sentiment: Multiple insiders have sold STUB shares in recent days, including a larger sale by Nayaab Islam, which may signal reduced confidence or simply profit-taking after the stock’s recent rally. STUB insider buying and selling alert
- Negative Sentiment: Brokerage coverage remains mixed, with the latest report saying STUB has an average rating of “Hold,” reinforcing the idea that Wall Street is not yet broadly bullish on the stock. STUB receives average rating of Hold from brokerages
- Neutral Sentiment: Recent earnings were better than expected, with STUB posting a profit versus estimates for a small loss and revenue growing 12.2% year over year, which provides some fundamental support even as sentiment stays uneven.
Analysts Set New Price Targets
STUB has been the topic of a number of research analyst reports. Craig Hallum cut shares of STUB from a “hold” rating to a “hold” rating in a research note on Tuesday, May 19th. UBS Group assumed coverage on shares of STUB in a research report on Tuesday, May 19th. They set a “neutral” rating for the company. JPMorgan Chase & Co. increased their price objective on shares of STUB from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Morgan Stanley lifted their target price on shares of STUB from $8.75 to $10.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 10th. Finally, BMO Capital Markets downgraded shares of STUB from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 19th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.50.
Read Our Latest Analysis on STUB
Institutional Trading of STUB
Several large investors have recently made changes to their positions in STUB. WestCap Management LLC purchased a new position in STUB in the 4th quarter valued at $429,370,000. Capital Research Global Investors purchased a new stake in shares of STUB during the fourth quarter worth $106,887,000. Index Venture Associates III Ltd acquired a new stake in shares of STUB in the fourth quarter valued at about $85,192,000. PointState Capital LP raised its position in shares of STUB by 19.9% in the fourth quarter. PointState Capital LP now owns 24,823,335 shares of the company’s stock valued at $335,860,000 after buying an additional 4,117,332 shares during the last quarter. Finally, Capital International Investors purchased a new position in shares of STUB in the fourth quarter worth about $55,235,000.
STUB Company Profile
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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