STUB (NYSE:STUB) Insider Sells $589,774.78 in Stock

STUB (NYSE:STUBGet Free Report) insider Nayaab Islam sold 85,973 shares of the stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $6.86, for a total value of $589,774.78. Following the sale, the insider owned 8,146,255 shares of the company’s stock, valued at approximately $55,883,309.30. The trade was a 1.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Nayaab Islam also recently made the following trade(s):

  • On Tuesday, August 25th, Nayaab Islam sold 219,736 shares of STUB stock. The shares were sold at an average price of $6.78, for a total value of $1,489,810.08.
  • On Tuesday, July 7th, Nayaab Islam sold 2,800 shares of STUB stock. The shares were sold at an average price of $14.01, for a total value of $39,228.00.
  • On Monday, July 6th, Nayaab Islam sold 54,801 shares of STUB stock. The shares were sold at an average price of $13.03, for a total value of $714,057.03.
  • On Wednesday, July 1st, Nayaab Islam sold 2,099 shares of STUB stock. The stock was sold at an average price of $13.00, for a total value of $27,287.00.
  • On Tuesday, June 30th, Nayaab Islam sold 25,400 shares of STUB stock. The shares were sold at an average price of $13.03, for a total value of $330,962.00.
  • On Monday, June 29th, Nayaab Islam sold 1,300 shares of STUB stock. The shares were sold at an average price of $13.00, for a total value of $16,900.00.
  • On Friday, June 26th, Nayaab Islam sold 25,080 shares of STUB stock. The stock was sold at an average price of $12.05, for a total transaction of $302,214.00.
  • On Monday, June 15th, Nayaab Islam sold 16,720 shares of STUB stock. The shares were sold at an average price of $11.37, for a total transaction of $190,106.40.

STUB Stock Up 0.3%

STUB stock opened at $6.57 on Friday. The company has a market capitalization of $2.51 billion and a PE ratio of -1.14. STUB has a 12-month low of $5.74 and a 12-month high of $27.89. The firm’s fifty day moving average is $9.51 and its 200 day moving average is $8.80. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.86.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on STUB. Citigroup restated a “neutral” rating on shares of STUB in a research note on Wednesday, July 15th. Oppenheimer dropped their price target on STUB from $12.00 to $11.00 and set an “outperform” rating on the stock in a research note on Thursday, August 13th. Wall Street Zen cut STUB from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. JPMorgan Chase & Co. upped their target price on STUB from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Finally, Guggenheim dropped their price objective on shares of STUB from $12.50 to $11.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $10.83.

Get Our Latest Analysis on STUB

Key STUB News

Here are the key news stories impacting STUB this week:

  • Negative Sentiment: Executive Vice Chairman and Chief Legal Officer Mark Streams sold 2,530 shares for approximately $17,406 at an average price of $6.88. The sale reduced his ownership by 0.18%. Top StubHub Executive Quietly Cashes Out in Notable Stock Sale
  • Negative Sentiment: Insider Nayaab Islam sold 85,973 shares for roughly $589,775 at $6.86 per share. Combined with a 219,736-share sale on August 25, Islam has sold 305,709 shares worth about $2.08 million in two recent transactions, reducing the position by approximately 3.6%. Insider Selling: STUB Insider Sells 85,973 Shares
  • Neutral Sentiment: Despite the selling, Islam still owned 8.15 million shares and Streams retained approximately 1.39 million shares after their respective transactions. Insider sales can reflect diversification or personal liquidity needs rather than a definitive view of future business performance.
  • Neutral Sentiment: Analyst opinions remain mixed: five analysts rate STUB a Buy, seven rate it Hold and two rate it Sell. The consensus rating is Hold, with an average price target of $10.83, while recent targets include $11 from Oppenheimer and Mizuho and $14 from Evercore. The stock is trading well below those targets but remains below its 50-day and 200-day moving averages, signaling continued technical weakness.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Pittenger & Anderson Inc. purchased a new stake in STUB in the 1st quarter valued at $34,000. Royal Bank of Canada boosted its holdings in STUB by 194.4% during the 1st quarter. Royal Bank of Canada now owns 6,382 shares of the company’s stock worth $39,000 after acquiring an additional 4,214 shares during the last quarter. Lido Advisors LLC purchased a new position in STUB during the 1st quarter worth $69,000. Garner Asset Management Corp bought a new stake in shares of STUB in the 4th quarter worth $92,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of STUB in the 4th quarter worth $143,000.

STUB Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for STUB (NYSE:STUB)

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