GrubHub Inc. (NYSE:GRUB) CEO Matthew M. Maloney sold 37,283 shares of the business’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $64.58, for a total value of $2,407,736.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of GrubHub Inc. (NYSE:GRUB) opened at $66.79 on Wednesday. GrubHub Inc. has a 52 week low of $32.43 and a 52 week high of $66.99. The company has a market capitalization of $5,637.75, a P/E ratio of 74.75, a price-to-earnings-growth ratio of 3.57 and a beta of 1.64.

GrubHub (NYSE:GRUB) last posted its quarterly earnings data on Wednesday, October 25th. The information services provider reported $0.28 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.04. GrubHub had a return on equity of 7.45% and a net margin of 9.60%. The company had revenue of $163.10 million during the quarter, compared to analyst estimates of $159.63 million. During the same period in the previous year, the business earned $0.23 EPS. GrubHub’s quarterly revenue was up 32.1% on a year-over-year basis. analysts expect that GrubHub Inc. will post 0.88 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Matthew M. Maloney Sells 37,283 Shares of GrubHub Inc. (GRUB) Stock” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/11/22/matthew-m-maloney-sells-37283-shares-of-grubhub-inc-grub-stock.html.

Several equities analysts have recently issued reports on GRUB shares. Canaccord Genuity reissued a “buy” rating and issued a $50.00 price objective on shares of GrubHub in a report on Thursday, August 10th. BidaskClub raised GrubHub from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Wedbush set a $55.00 price objective on GrubHub and gave the company a “buy” rating in a report on Friday, August 4th. Stifel Nicolaus set a $53.00 price objective on GrubHub and gave the company a “buy” rating in a report on Thursday, August 3rd. Finally, Roth Capital set a $55.00 price objective on GrubHub and gave the company a “buy” rating in a report on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $58.61.

Several institutional investors have recently modified their holdings of GRUB. BlackRock Inc. boosted its holdings in shares of GrubHub by 75,703.7% during the 1st quarter. BlackRock Inc. now owns 5,080,365 shares of the information services provider’s stock worth $167,094,000 after purchasing an additional 5,073,663 shares during the last quarter. Carmignac Gestion boosted its holdings in shares of GrubHub by 55.4% during the 2nd quarter. Carmignac Gestion now owns 4,976,545 shares of the information services provider’s stock worth $216,977,000 after purchasing an additional 1,773,959 shares during the last quarter. Fiera Capital Corp acquired a new position in shares of GrubHub during the 2nd quarter worth approximately $40,593,000. Caledonia Private Investments Pty Ltd boosted its holdings in shares of GrubHub by 8.0% during the 3rd quarter. Caledonia Private Investments Pty Ltd now owns 10,702,879 shares of the information services provider’s stock worth $563,614,000 after purchasing an additional 790,969 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in shares of GrubHub during the 2nd quarter worth approximately $29,203,000.

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 (NYSE:GRUB)

Receive News & Stock Ratings for GrubHub Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GrubHub Inc. and related stocks with our FREE daily email newsletter.