GrubHub Inc (NASDAQ:GRUB) insider Barbara Martin Coppola sold 1,459 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $52.66, for a total value of $76,830.94. Following the transaction, the insider now directly owns 8,875 shares of the company’s stock, valued at approximately $467,357.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Barbara Martin Coppola also recently made the following trade(s):

  • On Wednesday, September 20th, Barbara Martin Coppola sold 2,342 shares of GrubHub stock. The stock was sold at an average price of $54.32, for a total value of $127,217.44.
  • On Tuesday, August 8th, Barbara Martin Coppola sold 2,916 shares of GrubHub stock. The stock was sold at an average price of $55.97, for a total value of $163,208.52.

Shares of GrubHub Inc (NASDAQ GRUB) opened at 51.98 on Friday. The company’s 50-day moving average price is $54.28 and its 200 day moving average price is $45.63. GrubHub Inc has a 52 week low of $32.43 and a 52 week high of $57.61. The firm has a market cap of $4.49 billion and a P/E ratio of 76.44.

GrubHub (NASDAQ:GRUB) last released its earnings results on Thursday, August 3rd. The information services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.01. The business had revenue of $158.79 million for the quarter, compared to analyst estimates of $158.13 million. GrubHub had a net margin of 9.29% and a return on equity of 5.84%. On average, equities analysts anticipate that GrubHub Inc will post $1.09 earnings per share for the current year.

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Several research firms recently weighed in on GRUB. Pacific Crest restated an “overweight” rating and set a $50.00 price target on shares of GrubHub in a research note on Wednesday, June 28th. Stifel Nicolaus restated a “buy” rating and set a $53.00 price target (up from $50.00) on shares of GrubHub in a research note on Wednesday, August 9th. Craig Hallum assumed coverage on GrubHub in a research note on Monday, September 25th. They set a “buy” rating and a $70.00 price target on the stock. Citigroup Inc. lowered GrubHub from a “buy” rating to a “neutral” rating and boosted their price target for the company from $52.00 to $56.00 in a research note on Thursday. Finally, DA Davidson assumed coverage on GrubHub in a research note on Wednesday, September 13th. They set a “neutral” rating and a $48.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $53.67.

A number of hedge funds have recently added to or reduced their stakes in the stock. Lord Abbett & CO. LLC acquired a new position in GrubHub in the second quarter valued at $19,789,000. Koch Industries Inc. acquired a new position in GrubHub in the second quarter valued at $456,000. Ameritas Investment Partners Inc. lifted its holdings in GrubHub by 8.1% in the second 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 during the period. Caledonia Private Investments Pty Ltd lifted its holdings in GrubHub by 3.4% in the second 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 during the period. Finally, The Manufacturers Life Insurance Company lifted its holdings in GrubHub by 5.4% in the second 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 during the period.

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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