GrubHub Inc (NYSE:GRUB) CEO Matthew M. Maloney sold 6,250 shares of the business’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $66.37, for a total value of $414,812.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of GrubHub Inc (NYSE GRUB) traded down $0.72 during trading hours on Friday, reaching $68.22. The company had a trading volume of 1,112,800 shares, compared to its average volume of 1,962,603. GrubHub Inc has a 12 month low of $32.43 and a 12 month high of $70.15. The firm has a market cap of $5,931.64, a price-to-earnings ratio of 78.64, a P/E/G ratio of 3.75 and a beta of 1.67.
GrubHub (NYSE:GRUB) last announced its 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. GrubHub had a return on equity of 7.45% and a net margin of 9.60%. The company had revenue of $163.10 million for the quarter, compared to analyst estimates of $159.63 million. During the same period in the prior year, the company posted $0.23 EPS. The firm’s quarterly revenue was up 32.1% compared to the same quarter last year. research analysts expect that GrubHub Inc will post 0.89 EPS for the current year.
A number of large investors have recently made changes to their positions in GRUB. California Public Employees Retirement System grew its stake in GrubHub by 1.6% during the 3rd quarter. California Public Employees Retirement System now owns 160,600 shares of the information services provider’s stock valued at $8,457,000 after purchasing an additional 2,500 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in GrubHub during the 3rd quarter valued at about $105,000. Highbridge Capital Management LLC purchased a new stake in GrubHub during the 3rd quarter valued at about $230,000. Janus Henderson Group PLC grew its stake in GrubHub by 58.3% during the 3rd quarter. Janus Henderson Group PLC now owns 1,048,396 shares of the information services provider’s stock valued at $55,210,000 after purchasing an additional 386,129 shares during the last quarter. Finally, Chevy Chase Trust Holdings Inc. grew its stake in GrubHub by 44.5% during the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 237,697 shares of the information services provider’s stock valued at $12,517,000 after purchasing an additional 73,256 shares during the last quarter.
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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.
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