GrubHub Inc (NASDAQ:GRUB) CEO Matthew M. Maloney sold 6,250 shares of the firm’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $51.14, for a total value of $319,625.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

GrubHub Inc (NASDAQ:GRUB) traded up 0.12% during trading on Thursday, hitting $51.67. 267,972 shares of the company traded hands. GrubHub Inc has a one year low of $32.43 and a one year high of $57.61. The firm has a market cap of $4.46 billion and a P/E ratio of 75.99. The firm has a 50 day moving average of $54.42 and a 200 day moving average of $44.19.

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

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A number of institutional investors have recently modified their holdings of the business. Lord Abbett & CO. LLC acquired a new position in shares of GrubHub in the 2nd quarter valued at $19,789,000. Koch Industries Inc. acquired a new position in shares of GrubHub in the 2nd quarter valued at $456,000. Ameritas Investment Partners Inc. raised its stake in shares of GrubHub by 8.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 7,544 shares of the information services provider’s stock valued at $329,000 after buying an additional 567 shares in the last quarter. Caledonia Private Investments Pty Ltd raised its stake in shares of GrubHub by 3.4% in the 2nd quarter. Caledonia Private Investments Pty Ltd now owns 9,911,910 shares of the information services provider’s stock valued at $432,159,000 after buying an additional 329,401 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of GrubHub by 5.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 69,758 shares of the information services provider’s stock valued at $3,041,000 after buying an additional 3,580 shares in the last quarter.

A number of analysts have recently weighed in on GRUB shares. Zacks Investment Research cut GrubHub from a “buy” rating to a “hold” rating in a research report on Wednesday, June 28th. Wedbush reissued an “outperform” rating and issued a $54.93 price objective (down previously from $63.00) on shares of GrubHub in a research report on Wednesday, August 23rd. DA Davidson started coverage on GrubHub in a research report on Wednesday, September 13th. They issued a “neutral” rating and a $48.00 price objective for the company. Wells Fargo & Company assumed coverage on GrubHub in a research report on Thursday, June 15th. They issued a “market perform” rating and a $45.00 price objective for the company. Finally, Roth Capital set a $55.00 price target on GrubHub and gave the stock a “buy” rating in a research report on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $53.42.

About GrubHub

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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