GrubHub Inc (NASDAQ:GRUB) CFO Adam Dewitt sold 5,000 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $55.90, for a total transaction of $279,500.00. Following the completion of the transaction, the chief financial officer now owns 21,484 shares in the company, valued at $1,200,955.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Adam Dewitt also recently made the following trade(s):

  • On Friday, September 1st, Adam Dewitt sold 6,722 shares of GrubHub stock. The shares were sold at an average price of $56.41, for a total transaction of $379,188.02.
  • On Wednesday, August 30th, Adam Dewitt sold 10,500 shares of GrubHub stock. The shares were sold at an average price of $54.76, for a total transaction of $574,980.00.
  • On Monday, August 14th, Adam Dewitt sold 5,000 shares of GrubHub stock. The stock was sold at an average price of $54.57, for a total transaction of $272,850.00.
  • On Friday, August 4th, Adam Dewitt sold 12,000 shares of GrubHub stock. The stock was sold at an average price of $50.00, for a total transaction of $600,000.00.
  • On Tuesday, August 1st, Adam Dewitt sold 6,722 shares of GrubHub stock. The stock was sold at an average price of $46.81, for a total transaction of $314,656.82.
  • On Monday, July 17th, Adam Dewitt sold 2,000 shares of GrubHub stock. The stock was sold at an average price of $46.34, for a total transaction of $92,680.00.
  • On Wednesday, July 12th, Adam Dewitt sold 3,000 shares of GrubHub stock. The stock was sold at an average price of $45.15, for a total transaction of $135,450.00.
  • On Monday, July 3rd, Adam Dewitt sold 3,722 shares of GrubHub stock. The stock was sold at an average price of $43.80, for a total transaction of $163,023.60.
  • On Monday, June 19th, Adam Dewitt sold 2,000 shares of GrubHub stock. The stock was sold at an average price of $44.05, for a total transaction of $88,100.00.

Shares of GrubHub Inc (GRUB) traded up 0.25% on Wednesday, reaching $56.18. 3,264,763 shares of the company were exchanged. GrubHub Inc has a 12-month low of $32.43 and a 12-month high of $57.61. The firm has a market capitalization of $4.85 billion and a PE ratio of 82.62. The stock’s 50-day moving average is $53.29 and its 200 day moving average is $43.49.

GrubHub (NASDAQ:GRUB) last issued its quarterly earnings data on Thursday, August 3rd. The information services provider reported $0.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.01. GrubHub had a return on equity of 5.84% and a net margin of 9.29%. The company had revenue of $158.79 million during the quarter, compared to analyst estimates of $158.13 million. On average, analysts forecast that GrubHub Inc will post $1.10 EPS for the current year.

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Several equities research analysts recently weighed in on the stock. Roth Capital reaffirmed a “buy” rating on shares of GrubHub in a research report on Monday, May 22nd. Pacific Crest reaffirmed an “overweight” rating and set a $50.00 price objective on shares of GrubHub in a research report on Wednesday, June 28th. Stifel Nicolaus reaffirmed a “buy” rating and set a $53.00 price objective (up previously from $50.00) on shares of GrubHub in a research report on Wednesday, August 9th. BidaskClub cut shares of GrubHub from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, Wedbush set a $50.00 price objective on shares of GrubHub and gave the stock a “buy” rating in a research report on Monday, June 19th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $50.87.

A number of large investors have recently added to or reduced their stakes in GRUB. Wells Fargo & Company MN lifted its position in GrubHub by 95.9% in the 1st quarter. Wells Fargo & Company MN now owns 218,481 shares of the information services provider’s stock worth $7,186,000 after buying an additional 106,971 shares during the last quarter. Bank of New York Mellon Corp lifted its position in GrubHub by 94.4% in the 1st quarter. Bank of New York Mellon Corp now owns 659,373 shares of the information services provider’s stock worth $21,686,000 after buying an additional 320,115 shares during the last quarter. Swiss National Bank lifted its position in GrubHub by 1.0% in the 1st 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. UBS Asset Management Americas Inc. lifted its position in GrubHub by 48.6% in the 1st quarter. UBS Asset Management Americas Inc. now owns 39,963 shares of the information services provider’s stock worth $1,314,000 after buying an additional 13,076 shares during the last quarter. Finally, Teza Capital Management LLC bought a new stake in GrubHub in the 1st quarter worth approximately $257,000.

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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