GrubHub Inc (NASDAQ:GRUB) CEO Matthew M. Maloney sold 6,250 shares of the business’s stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $46.06, for a total transaction of $287,875.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

GrubHub Inc (GRUB) opened at 45.79 on Friday. GrubHub Inc has a 1-year low of $30.53 and a 1-year high of $47.84. The firm has a market cap of $3.95 billion and a P/E ratio of 69.38. The stock has a 50 day moving average price of $44.43 and a 200 day moving average price of $39.72.

GrubHub (NASDAQ:GRUB) last released its earnings results on Thursday, April 27th. The information services provider reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.10. The company had revenue of $156.10 million during the quarter, compared to the consensus estimate of $152.97 million. GrubHub had a return on equity of 7.21% and a net margin of 11.35%. GrubHub’s quarterly revenue was up 39.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS. On average, analysts anticipate that GrubHub Inc will post $1.12 EPS for the current year.

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GRUB has been the subject of a number of recent research reports. Pacific Crest reissued an “overweight” rating and issued a $45.00 target price on shares of GrubHub in a research report on Thursday, March 23rd. Jefferies Group LLC reissued a “hold” rating and issued a $43.00 target price on shares of GrubHub in a research report on Monday, March 27th. TheStreet raised shares of GrubHub from a “c-” rating to a “b-” rating in a research report on Monday, April 3rd. Zacks Investment Research raised shares of GrubHub from a “sell” rating to a “hold” rating and set a $39.00 price objective for the company in a research report on Tuesday, April 11th. Finally, Oppenheimer Holdings, Inc. raised shares of GrubHub from a “market perform” rating to an “outperform” rating and set a $42.00 price objective for the company in a research report on Wednesday, April 12th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $47.29.

A number of hedge funds have recently added to or reduced their stakes in GRUB. Renaissance Group LLC increased its stake in GrubHub by 0.5% in the first quarter. Renaissance Group LLC now owns 8,776 shares of the information services provider’s stock worth $289,000 after buying an additional 42 shares during the last quarter. Global Endowment Management LP increased its stake in GrubHub by 9.4% in the first quarter. Global Endowment Management LP now owns 6,520 shares of the information services provider’s stock worth $215,000 after buying an additional 560 shares during the last quarter. Swiss National Bank increased its stake in GrubHub by 1.0% in the first quarter. Swiss National Bank now owns 113,200 shares of the information services provider’s stock worth $3,723,000 after buying an additional 1,100 shares during the last quarter. Prudential Financial Inc. increased its stake in GrubHub by 22.5% in the first quarter. Prudential Financial Inc. now owns 7,300 shares of the information services provider’s stock worth $240,000 after buying an additional 1,340 shares during the last quarter. Finally, Pacer Advisors Inc. increased its stake in GrubHub by 22.2% in the first quarter. Pacer Advisors Inc. now owns 9,182 shares of the information services provider’s stock worth $302,000 after buying an additional 1,670 shares during the last quarter.

GrubHub Company Profile

Grubhub Inc provides an online and mobile platform for restaurant pick-up and delivery orders. Its products include Grubhub and Seamless Mobile Applications and Mobile Website, Grubhub and Seamless Websites, Corporate Program, Delivery, Allmenus and MenuPages, Grubhub for Restaurants, and Restaurant Websites.

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

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