GrubHub Inc. (NASDAQ:GRUB) SVP Margo Drucker Sells 1,237 Shares

GrubHub Inc. (NYSE:GRUB) SVP Margo Drucker sold 1,237 shares of GrubHub stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $61.10, for a total value of $75,580.70. Following the completion of the sale, the senior vice president now directly owns 892 shares of the company’s stock, valued at approximately $54,501.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Margo Drucker also recently made the following trade(s):

  • On Friday, November 3rd, Margo Drucker sold 1,620 shares of GrubHub stock. The shares were sold at an average price of $60.98, for a total value of $98,787.60.
  • On Tuesday, October 3rd, Margo Drucker sold 1,736 shares of GrubHub stock. The shares were sold at an average price of $52.92, for a total value of $91,869.12.
  • On Friday, September 1st, Margo Drucker sold 1,238 shares of GrubHub stock. The shares were sold at an average price of $57.09, for a total value of $70,677.42.
  • On Wednesday, September 6th, Margo Drucker sold 1,737 shares of GrubHub stock. The shares were sold at an average price of $56.97, for a total value of $98,956.89.
  • On Tuesday, August 8th, Margo Drucker sold 400 shares of GrubHub stock. The shares were sold at an average price of $55.52, for a total value of $22,208.00.

Shares of GrubHub Inc. (NYSE:GRUB) opened at $63.08 on Wednesday. The firm has a market capitalization of $5,515.51, a PE ratio of 73.13, a P/E/G ratio of 3.49 and a beta of 1.64. GrubHub Inc. has a fifty-two week low of $32.43 and a fifty-two week high of $63.81.

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

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A number of research analysts recently weighed in on GRUB shares. Canaccord Genuity reiterated a “buy” rating and issued a $50.00 target price on shares of GrubHub in a report on Thursday, August 10th. BidaskClub upgraded GrubHub from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Wedbush set a $55.00 target price on GrubHub and gave the company a “buy” rating in a report on Friday, August 4th. Stifel Nicolaus set a $53.00 target price 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 stock a “buy” rating in a research note on Monday, July 31st. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have given 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 price target of $58.18.

Several large investors have recently bought and sold shares of GRUB. BlackRock Inc. grew its holdings in shares of GrubHub by 75,703.7% during the first quarter. BlackRock Inc. now owns 5,080,365 shares of the information services provider’s stock valued at $167,094,000 after purchasing an additional 5,073,663 shares during the last quarter. Carmignac Gestion grew its holdings in shares of GrubHub by 55.4% during the second quarter. Carmignac Gestion now owns 4,976,545 shares of the information services provider’s stock valued at $216,977,000 after purchasing an additional 1,773,959 shares during the last quarter. Fiera Capital Corp bought a new position in shares of GrubHub during the second quarter valued at approximately $40,593,000. Caledonia Private Investments Pty Ltd grew its holdings in shares of GrubHub by 8.0% during the third quarter. Caledonia Private Investments Pty Ltd now owns 10,702,879 shares of the information services provider’s stock valued at $563,614,000 after purchasing an additional 790,969 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of GrubHub during the second quarter valued at 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)

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