GrubHub Inc. (NYSE:GRUB) CEO Matthew M. Maloney sold 15,637 shares of the stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $64.16, for a total value of $1,003,269.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of GrubHub Inc. (GRUB) traded up $0.33 during trading hours on Monday, hitting $65.03. The stock had a trading volume of 632,024 shares, compared to its average volume of 2,010,235. The firm has a market capitalization of $5,630.00, a P/E ratio of 74.37, a P/E/G ratio of 3.55 and a beta of 1.64. GrubHub Inc. has a 12 month low of $32.43 and a 12 month high of $65.08.

GrubHub (NYSE:GRUB) last issued its quarterly earnings results on Wednesday, October 25th. The information services provider reported $0.28 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.04. The company had revenue of $163.10 million for the quarter, compared to the consensus estimate of $159.63 million. GrubHub had a return on equity of 7.45% and a net margin of 9.60%. The firm’s revenue was up 32.1% compared to the same quarter last year. During the same period last year, the business posted $0.23 earnings per share. equities analysts expect that GrubHub Inc. will post 0.88 EPS for the current fiscal year.

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A number of research firms have recently issued reports on GRUB. KeyCorp set a $62.00 target price on GrubHub and gave the company a “buy” rating in a report on Thursday. Zacks Investment Research lowered GrubHub from a “buy” rating to a “hold” rating in a report on Friday, November 10th. DA Davidson reiterated a “hold” rating and set a $50.00 price objective (up from $48.00) on shares of GrubHub in a report on Friday, October 27th. Barclays PLC increased their price objective on GrubHub from $45.00 to $56.00 and gave the stock an “equal weight” rating in a report on Thursday, October 26th. Finally, Roth Capital increased their price objective on GrubHub from $58.00 to $65.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $58.18.

Large investors have recently modified their holdings of the company. Cubist Systematic Strategies LLC acquired a new stake in shares of GrubHub in the third quarter valued at about $105,000. PNC Financial Services Group Inc. grew its position in shares of GrubHub by 6.4% in the second quarter. PNC Financial Services Group Inc. now owns 2,453 shares of the information services provider’s stock valued at $108,000 after purchasing an additional 148 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of GrubHub by 11.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,761 shares of the information services provider’s stock valued at $120,000 after purchasing an additional 285 shares during the last quarter. Asset Dedication LLC acquired a new stake in shares of GrubHub in the third quarter valued at about $165,000. Finally, Fortaleza Asset Management Inc. acquired a new stake in shares of GrubHub in the second quarter valued at about $146,000.

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 (NYSE:GRUB)

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