STUB (NYSE:STUB) Insider Mark Streams Sells 29,951 Shares

STUB (NYSE:STUBGet Free Report) insider Mark Streams sold 29,951 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $6.23, for a total transaction of $186,594.73. Following the completion of the sale, the insider owned 1,361,565 shares of the company’s stock, valued at $8,482,549.95. This trade represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Mark Streams also recently made the following trade(s):

  • On Thursday, September 3rd, Mark Streams sold 135,589 shares of STUB stock. The shares were sold at an average price of $6.39, for a total value of $866,413.71.
  • On Wednesday, August 26th, Mark Streams sold 2,530 shares of STUB stock. The stock was sold at an average price of $6.88, for a total value of $17,406.40.
  • On Tuesday, August 25th, Mark Streams sold 10,176 shares of STUB stock. The stock was sold at an average price of $6.84, for a total value of $69,603.84.
  • On Monday, August 24th, Mark Streams sold 150,000 shares of STUB stock. The shares were sold at an average price of $6.76, for a total value of $1,014,000.00.
  • On Friday, August 21st, Mark Streams sold 6,500 shares of STUB stock. The stock was sold at an average price of $6.93, for a total transaction of $45,045.00.
  • On Tuesday, July 7th, Mark Streams sold 400 shares of STUB stock. The stock was sold at an average price of $14.01, for a total transaction of $5,604.00.
  • 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 Wednesday, July 1st, Mark Streams sold 3,002 shares of STUB stock. The stock was sold at an average price of $13.00, for a total value of $39,026.00.
  • On Tuesday, June 30th, Mark Streams sold 18,167 shares of STUB stock. The stock was sold at an average price of $13.03, for a total value of $236,716.01.
  • 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.

STUB Price Performance

NYSE:STUB traded up $0.08 during trading hours on Friday, reaching $6.61. 6,018,997 shares of the company were exchanged, compared to its average volume of 5,472,047. The business has a 50 day moving average of $9.09 and a 200 day moving average of $8.70. STUB has a 1-year low of $5.74 and a 1-year high of $27.89. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market capitalization of $2.53 billion and a P/E ratio of -1.15.

Hedge Funds Weigh In On STUB

Hedge funds have recently made changes to their positions in the stock. California State Teachers Retirement System bought a new position in STUB during the second quarter worth $509,000. Rose Capital Advisors LLC bought a new stake in STUB during the second quarter valued at $183,000. Comprehensive Financial Management LLC boosted its position in STUB by 13.6% during the second quarter. Comprehensive Financial Management LLC now owns 390,543 shares of the company’s stock valued at $5,026,000 after acquiring an additional 46,808 shares during the last quarter. Stephens Group LLC grew its holdings in STUB by 193.2% during the 2nd quarter. Stephens Group LLC now owns 1,022,413 shares of the company’s stock worth $13,158,000 after acquiring an additional 673,715 shares during the period. Finally, Bank of America Corp DE grew its holdings in STUB by 396.1% during the 1st quarter. Bank of America Corp DE now owns 572,790 shares of the company’s stock worth $3,574,000 after acquiring an additional 457,321 shares during the period.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. TD Cowen lowered their price objective on shares of STUB from $16.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, August 21st. Guggenheim cut their target price on shares of STUB from $12.50 to $11.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. Citigroup reaffirmed a “neutral” rating on shares of STUB in a research note on Wednesday, July 15th. Bank of America reiterated an “underperform” rating and set a $7.50 price target (down from $11.00) on shares of STUB in a report on Thursday, August 13th. Finally, Evercore set a $14.00 price target on STUB in a research note on Thursday, August 13th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $10.83.

Check Out Our Latest Stock Analysis on STUB

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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