STUB (NYSE:STUB) Insider Scott Michael Fitzgerald Sells 1,613 Shares of Stock

STUB (NYSE:STUBGet Free Report) insider Scott Michael Fitzgerald sold 1,613 shares of STUB stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $7.57, for a total value of $12,210.41. Following the completion of the transaction, the insider owned 93,445 shares in the company, valued at $707,378.65. This trade represents a 1.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Scott Michael Fitzgerald also recently made the following trade(s):

  • On Monday, April 13th, Scott Michael Fitzgerald sold 1,619 shares of STUB stock. The shares were sold at an average price of $6.50, for a total value of $10,523.50.
  • On Wednesday, March 11th, Scott Michael Fitzgerald sold 28,387 shares of STUB stock. The shares were sold at an average price of $7.66, for a total value of $217,444.42.

STUB Price Performance

STUB opened at $7.52 on Thursday. The company has a 50-day moving average of $7.20. 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 1.27, a current ratio of 1.04 and a quick ratio of 1.03. The stock has a market capitalization of $2.68 billion and a price-to-earnings ratio of -11.39.

STUB (NYSE:STUBGet Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.07. The firm had revenue of $446.05 million during the quarter. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. As a group, sell-side analysts expect that STUB will post 0.34 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on STUB. Craig Hallum began coverage on STUB in a research report on Thursday, January 29th. They set a “hold” rating and a $12.00 price target on the stock. Wall Street Zen raised STUB from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Citigroup raised STUB from a “sell” rating to a “neutral” rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $10.00 price target (down from $22.00) on shares of STUB in a research report on Thursday, March 5th. Finally, Morgan Stanley upped their price target on STUB from $8.25 to $8.75 and gave the stock an “equal weight” rating in a research report on Thursday. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, STUB has an average rating of “Hold” and a consensus target price of $10.46.

View Our Latest Analysis on STUB

Institutional Investors Weigh In On STUB

Large investors have recently made changes to their positions in the stock. Pittenger & Anderson Inc. purchased a new stake in shares of STUB during the first quarter valued at $34,000. Garner Asset Management Corp purchased a new stake in shares of STUB during the fourth quarter valued at $92,000. The Manufacturers Life Insurance Company purchased a new stake in shares of STUB during the fourth quarter valued at $143,000. International Assets Investment Management LLC purchased a new stake in shares of STUB during the fourth quarter valued at $149,000. Finally, Lido Advisors LLC purchased a new stake in shares of STUB during the first quarter valued at $69,000.

About STUB

(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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