GrubHub Inc (NASDAQ:GRUB) CEO Matthew M. Maloney sold 14,491 shares of the company’s stock in a transaction on Monday, November 7th. The stock was sold at an average price of $37.80, for a total transaction of $547,759.80. Following the sale, the chief executive officer now directly owns 1,649 shares of the company’s stock, valued at approximately $62,332.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

GrubHub Inc (NASDAQ:GRUB) opened at 38.68 on Thursday. The firm has a 50-day moving average of $40.72 and a 200-day moving average of $34.34. The firm has a market cap of $3.30 billion and a PE ratio of 70.33. GrubHub Inc has a 52-week low of $17.77 and a 52-week high of $44.58.

GrubHub (NASDAQ:GRUB) last released its earnings results on Wednesday, October 26th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The business earned $123.50 million during the quarter, compared to analyst estimates of $118.36 million. During the same period last year, the business posted $0.08 EPS. GrubHub’s revenue was up 44.1% compared to the same quarter last year. Equities analysts anticipate that GrubHub Inc will post $0.91 EPS for the current year.

Insider Buying and Selling by Quarter for GrubHub (NASDAQ:GRUB)

Large investors have recently added to or reduced their stakes in the stock. Societe Generale acquired a new stake in GrubHub during the second quarter worth approximately $113,000. SG Americas Securities LLC acquired a new stake in GrubHub during the second quarter worth approximately $113,000. BlackRock Inc. increased its stake in GrubHub by 133.5% in the first quarter. BlackRock Inc. now owns 4,927 shares of the company’s stock worth $124,000 after buying an additional 2,817 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in GrubHub by 6.6% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 4,323 shares of the company’s stock worth $134,000 after buying an additional 269 shares during the period. Finally, Sei Investments Co. purchased a new position in shares of GrubHub during the second quarter worth $148,000.

GRUB has been the subject of a number of research reports. Stifel Nicolaus reaffirmed a “buy” rating and set a $45.00 target price (up previously from $32.00) on shares of GrubHub in a report on Friday, July 29th. Mizuho reaffirmed a “buy” rating and set a $33.00 target price on shares of GrubHub in a report on Wednesday, July 27th. Zacks Investment Research raised shares of GrubHub from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a report on Wednesday, July 13th. Citigroup Inc. upped their target price on shares of GrubHub from $30.00 to $44.00 and gave the stock a “buy” rating in a report on Friday, July 29th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $42.00 target price (up previously from $34.00) on shares of GrubHub in a report on Sunday, July 31st. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. GrubHub presently has a consensus rating of “Buy” and a consensus price target of $42.00.

GrubHub Company Profile

Grubhub Inc (Grubhub) is a provider of an online and mobile platform for restaurant pick-up and delivery orders. The Company connects more than 40,000 local restaurants with diners in more than 1,000 cities across the United States. For restaurants, Grubhub generates higher margin takeout orders at full menu prices.

5 Day Chart for NASDAQ:GRUB

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