GrubHub Inc (GRUB) SVP Margo Drucker Sells 400 Shares
GrubHub Inc (NASDAQ:GRUB) SVP Margo Drucker sold 400 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $55.52, for a total transaction of $22,208.00. Following the transaction, the senior vice president now owns 100 shares in the company, valued at $5,552. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Margo Drucker also recently made the following trade(s):
- On Thursday, August 3rd, Margo Drucker sold 1,736 shares of GrubHub stock. The stock was sold at an average price of $47.18, for a total transaction of $81,904.48.
- On Wednesday, July 12th, Margo Drucker sold 183 shares of GrubHub stock. The stock was sold at an average price of $45.13, for a total transaction of $8,258.79.
- On Wednesday, July 5th, Margo Drucker sold 498 shares of GrubHub stock. The stock was sold at an average price of $43.54, for a total transaction of $21,682.92.
- On Monday, July 3rd, Margo Drucker sold 1,054 shares of GrubHub stock. The stock was sold at an average price of $43.86, for a total transaction of $46,228.44.
- On Monday, June 5th, Margo Drucker sold 1,737 shares of GrubHub stock. The stock was sold at an average price of $43.85, for a total transaction of $76,167.45.
Shares of GrubHub Inc (NASDAQ GRUB) traded down 2.96% during midday trading on Thursday, reaching $54.17. 1,365,066 shares of the company traded hands. GrubHub Inc has a 12 month low of $32.43 and a 12 month high of $57.26. The company’s 50 day moving average is $46.46 and its 200-day moving average is $40.84. The stock has a market capitalization of $4.67 billion and a price-to-earnings ratio of 79.66.
GrubHub (NASDAQ:GRUB) last issued its quarterly earnings results on Thursday, August 3rd. The information services provider reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. The business had revenue of $158.79 million during the quarter, compared to analyst estimates of $158.13 million. GrubHub had a net margin of 11.35% and a return on equity of 7.21%. Equities research analysts forecast that GrubHub Inc will post $1.10 earnings per share for the current fiscal year.
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A number of equities analysts recently weighed in on the stock. Maxim Group restated a “hold” rating on shares of GrubHub in a research report on Thursday, April 27th. Cowen and Company reiterated a “hold” rating on shares of GrubHub in a report on Sunday, April 30th. Roth Capital reiterated a “buy” rating on shares of GrubHub in a report on Monday, May 22nd. Pacific Crest reiterated an “overweight” rating and issued a $50.00 target price on shares of GrubHub in a report on Wednesday, June 28th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $53.00 target price (up from $50.00) on shares of GrubHub in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $48.87.
Several hedge funds have recently modified their holdings of the company. Oppenheimer & Co. Inc. acquired a new position in GrubHub during the first quarter worth approximately $531,000. Juncture Wealth Strategies LLC acquired a new position in GrubHub during the first quarter worth approximately $234,000. Tudor Investment Corp ET AL acquired a new position in GrubHub during the first quarter worth approximately $949,000. EULAV Asset Management increased its position in GrubHub by 35.8% in the first quarter. EULAV Asset Management now owns 220,000 shares of the information services provider’s stock worth $7,236,000 after buying an additional 58,000 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in GrubHub during the first quarter worth approximately $1,166,000.
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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