Margo Drucker Sells 1,054 Shares of GrubHub Inc (GRUB) Stock
GrubHub Inc (NASDAQ:GRUB) SVP Margo Drucker sold 1,054 shares of GrubHub stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $36.62, for a total value of $38,597.48. Following the completion of the sale, the senior vice president now directly owns 1,554 shares of the company’s stock, valued at approximately $56,907.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Margo Drucker also recently made the following trade(s):
- On Friday, October 14th, Margo Drucker sold 1,054 shares of GrubHub stock. The stock was sold at an average price of $41.58, for a total value of $43,825.32.
- On Thursday, September 15th, Margo Drucker sold 1,054 shares of GrubHub stock. The stock was sold at an average price of $41.48, for a total value of $43,719.92.
Shares of GrubHub Inc (NASDAQ:GRUB) traded up 0.61% during trading on Friday, reaching $36.51. The company had a trading volume of 171,375 shares. The firm has a 50-day moving average of $39.62 and a 200 day moving average of $34.69. GrubHub Inc has a 1-year low of $17.77 and a 1-year high of $44.58. The firm has a market capitalization of $3.12 billion and a PE ratio of 66.38.
GrubHub (NASDAQ:GRUB) last issued its earnings results on Wednesday, October 26th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. The firm had revenue of $123.50 million for the quarter, compared to analyst estimates of $118.36 million. The business’s revenue for the quarter was up 44.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.08 EPS. Analysts expect that GrubHub Inc will post $0.91 earnings per share for the current year.
Several institutional investors have recently modified their holdings of the company. Cetera Investment Advisers bought a new stake in shares of GrubHub during the third quarter worth $219,000. D. E. Shaw & Co. Inc. boosted its stake in shares of GrubHub by 3,273.0% in the third quarter. D. E. Shaw & Co. Inc. now owns 947,936 shares of the company’s stock worth $40,751,000 after buying an additional 919,832 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of GrubHub during the third quarter worth approximately $2,565,000. HBK Investments L P acquired a new stake in shares of GrubHub during the third quarter worth approximately $1,182,000. Finally, Two Sigma Advisers LP acquired a new stake in shares of GrubHub during the third quarter worth approximately $615,000.
Several equities analysts have recently commented on GRUB shares. Stifel Nicolaus restated a “buy” rating and issued a $45.00 price objective (up from $32.00) on shares of GrubHub in a research report on Friday, July 29th. Zacks Investment Research downgraded GrubHub from a “hold” rating to a “sell” rating in a research report on Friday, July 29th. Mizuho restated a “buy” rating and issued a $45.00 price objective on shares of GrubHub in a research report on Friday, November 4th. Argus started coverage on GrubHub in a research report on Wednesday, October 12th. They issued a “buy” rating and a $52.00 price objective on the stock. Finally, Wedbush restated an “outperform” rating and issued a $47.00 price objective (up from $40.00) on shares of GrubHub in a research report on Thursday, July 28th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. GrubHub has a consensus rating of “Buy” and a consensus price target of $42.06.
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.
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