STUB (NYSE:STUB) Insider Mark Streams Sells 135,589 Shares

STUB (NYSE:STUBGet Free Report) insider Mark Streams sold 135,589 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $6.39, for a total transaction of $866,413.71. Following the completion of the sale, the insider directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Wednesday, September 2nd, Mark Streams sold 29,951 shares of STUB stock. The shares were sold at an average price of $6.23, for a total transaction of $186,594.73.
  • On Wednesday, August 26th, Mark Streams sold 2,530 shares of STUB stock. The shares were sold at an average price of $6.88, for a total transaction 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 transaction of $69,603.84.
  • On Monday, August 24th, Mark Streams sold 150,000 shares of STUB stock. The stock was 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 shares were sold at an average price of $6.93, for a total value of $45,045.00.
  • On Tuesday, July 7th, Mark Streams sold 400 shares of STUB stock. The shares were sold at an average price of $14.01, for a total value of $5,604.00.
  • On Monday, July 6th, Mark Streams sold 28,531 shares of STUB stock. The stock was sold at an average price of $13.02, for a total value 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 shares were 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 stock was sold at an average price of $13.00, for a total value of $3,900.00.

STUB Price Performance

NYSE STUB traded up $0.08 during trading hours on Friday, reaching $6.61. The company’s stock had a trading volume of 6,018,997 shares, compared to its average volume of 5,472,047. STUB has a 1 year low of $5.74 and a 1 year high of $27.89. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $2.53 billion and a price-to-earnings ratio of -1.15. The firm’s 50-day moving average price is $9.09 and its 200-day moving average price is $8.70.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Guggenheim dropped their target price on shares of STUB from $12.50 to $11.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Weiss Ratings upgraded shares of STUB from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 7th. UBS Group set a $7.50 price objective on shares of STUB in a report on Thursday, August 13th. Bank of America restated an “underperform” rating and set a $7.50 price objective (down from $11.00) on shares of STUB in a research report on Thursday, August 13th. Finally, HSBC upgraded STUB to a “buy” rating in a research report on Tuesday, May 19th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $10.83.

Read Our Latest Stock Analysis on STUB

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in STUB. WestCap Management LLC bought a new stake in STUB during the fourth quarter worth approximately $429,370,000. Capital Research Global Investors bought a new position in shares of STUB during the 4th quarter valued at approximately $106,887,000. Index Venture Associates III Ltd purchased a new stake in STUB during the 4th quarter valued at $85,192,000. PointState Capital LP raised its holdings in STUB by 19.9% during the 4th quarter. PointState Capital LP now owns 24,823,335 shares of the company’s stock valued at $335,860,000 after buying an additional 4,117,332 shares during the period. Finally, Capital International Investors bought a new stake in STUB in the fourth quarter worth $55,235,000.

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.

See Also

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

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