GrubHub Inc (NASDAQ:GRUB) COO Stanley Chia sold 822 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $46.65, for a total value of $38,346.30. Following the completion of the sale, the chief operating officer now owns 1,215 shares of the company’s stock, valued at $56,679.75. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Stanley Chia also recently made the following trade(s):

  • On Wednesday, July 5th, Stanley Chia sold 837 shares of GrubHub stock. The shares were sold at an average price of $43.54, for a total value of $36,442.98.
  • On Monday, June 5th, Stanley Chia sold 837 shares of GrubHub stock. The shares were sold at an average price of $44.61, for a total value of $37,338.57.

GrubHub Inc (GRUB) traded up 9.06% during trading on Friday, hitting $52.62. The stock had a trading volume of 7,443,127 shares. The stock has a market capitalization of $4.54 billion and a P/E ratio of 79.73. GrubHub Inc has a 52 week low of $32.43 and a 52 week high of $53.36. The company has a 50-day moving average of $44.99 and a 200-day moving average of $40.28. GrubHub also saw some unusual options trading on Thursday. Traders purchased 10,474 call options on the stock. This is an increase of approximately 660% compared to the typical volume of 1,378 call options.

GrubHub (NASDAQ:GRUB) last posted its quarterly earnings data on Thursday, August 3rd. The information services provider reported $0.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.01. The company had revenue of $158.79 million during the quarter, compared to analyst estimates of $158.13 million. GrubHub had a return on equity of 7.21% and a net margin of 11.35%. On average, equities analysts expect that GrubHub Inc will post $1.12 earnings per share for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the stock. Caledonia Private Investments Pty Ltd increased its stake in GrubHub by 14.0% in the first quarter. Caledonia Private Investments Pty Ltd now owns 9,582,509 shares of the information services provider’s stock worth $315,169,000 after buying an additional 1,174,124 shares during the last quarter. Baillie Gifford & Co. increased its stake in GrubHub by 1.4% in the first quarter. Baillie Gifford & Co. now owns 8,242,999 shares of the information services provider’s stock worth $271,112,000 after buying an additional 112,260 shares during the last quarter. Vanguard Group Inc. increased its stake in GrubHub by 4.3% in the first quarter. Vanguard Group Inc. now owns 6,748,946 shares of the information services provider’s stock worth $221,973,000 after buying an additional 281,024 shares during the last quarter. BlackRock Inc. increased its stake in GrubHub by 75,703.7% in the first quarter. BlackRock Inc. now owns 5,080,365 shares of the information services provider’s stock worth $167,094,000 after buying an additional 5,073,663 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in GrubHub by 14.3% in the first quarter. JPMorgan Chase & Co. now owns 3,095,577 shares of the information services provider’s stock worth $101,814,000 after buying an additional 387,276 shares during the last quarter.

Several analysts recently issued reports on the company. Canaccord Genuity boosted their price target on GrubHub from $47.00 to $50.00 and gave the company a “buy” rating in a research note on Friday. Credit Suisse Group set a $50.00 price target on GrubHub and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company restated a “hold” rating on shares of GrubHub in a research note on Friday. Wedbush set a $55.00 price target on GrubHub and gave the company a “buy” rating in a research note on Friday. Finally, Stifel Nicolaus set a $53.00 price target on GrubHub and gave the company a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. GrubHub presently has an average rating of “Buy” and an average price target of $48.14.

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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