STUB (NYSE:STUB – Get Free Report) had its price objective cut by Guggenheim from $11.00 to $9.00 in a report issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Guggenheim’s price target points to a potential upside of 45.04% from the stock’s current price.
Several other equities research analysts also recently commented on the company. Mizuho set a $11.00 price objective on STUB in a report on Friday, August 14th. Oppenheimer decreased their price objective on shares of STUB from $12.00 to $11.00 and set an “outperform” rating for the company in a report on Thursday, August 13th. Citigroup upgraded shares of STUB from a “neutral” rating to a “buy” rating and lowered their price objective for the company from $9.00 to $7.00 in a research report on Friday, September 18th. TD Cowen decreased their target price on shares of STUB from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, August 21st. Finally, Evercore set a $14.00 price target on STUB in a research note on Thursday, August 13th. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $10.17.
Check Out Our Latest Stock Report on STUB
STUB Stock Performance
STUB (NYSE:STUB – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.05). The business had revenue of $573.07 million for the quarter. STUB had a negative net margin of 93.54% and a negative return on equity of 9.50%. Sell-side analysts expect that STUB will post 0.38 EPS for the current fiscal year.
Insider Activity
In other STUB news, insider Nayaab Islam sold 14,306 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $6.20, for a total value of $88,697.20. Following the completion of the sale, the insider owned 7,996,986 shares in the company, valued at $49,581,313.20. This represents a 0.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Mark Streams sold 135,589 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $6.39, for a total value of $866,413.71. Following the transaction, the insider owned 1,225,976 shares of the company’s stock, valued at approximately $7,833,986.64. This trade represents a 9.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 991,338 shares of company stock valued at $6,692,030 in the last three months. 30.97% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Sequoia Financial Advisors LLC bought a new stake in STUB during the second quarter valued at about $7,953,000. WINTON GROUP Ltd grew its position in shares of STUB by 194.6% during the second quarter. WINTON GROUP Ltd now owns 43,600 shares of the company’s stock worth $561,000 after purchasing an additional 28,800 shares in the last quarter. Rose Capital Advisors LLC bought a new stake in STUB during the 2nd quarter valued at approximately $183,000. Comprehensive Financial Management LLC lifted its holdings in STUB by 13.6% in the 2nd quarter. Comprehensive Financial Management LLC now owns 390,543 shares of the company’s stock worth $5,026,000 after purchasing an additional 46,808 shares in the last quarter. Finally, Stephens Group LLC boosted its stake in STUB by 193.2% in the 2nd quarter. Stephens Group LLC now owns 1,022,413 shares of the company’s stock worth $13,158,000 after purchasing an additional 673,715 shares during the period.
STUB Company Profile
StubHub Holdings, Inc operates online ticket marketplaces that connect buyers and sellers of tickets for live events. Through the StubHub and viagogo platforms, the company offers tickets to sporting events, concerts, theater productions, festivals and other entertainment experiences. Its services generally include ticket discovery, digital transactions, delivery and customer support.
StubHub was founded in 2000 by Eric Baker and Jeff Fluhr. eBay acquired the company in 2007, and StubHub was later sold to viagogo in 2020.
Read More
- Five stocks we like better than STUB
- Marvell Says Connecting AI Chips Could Be a $37 Billion Business—These 2 Stocks Rallied Too
- JetBlue’s LaGuardia Win Could Change Its Financial Future
- Study Reveals 1 in 3 High Earners Think They Should Pay More Tax [2026]
- Wall Street Left Software for Dead: 4 Stocks Institutions Are Buying Back
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.
