STUB (NYSE:STUB – Get 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
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
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.
Featured Stories
- Five stocks we like better than STUB
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Receive News & Ratings for STUB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STUB and related companies with MarketBeat.com's FREE daily email newsletter.
