GrubHub Inc (NASDAQ:GRUB) CEO Matthew M. Maloney sold 6,250 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $55.90, for a total value of $349,375.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

GrubHub Inc (NASDAQ:GRUB) opened at 54.97 on Friday. The company’s 50-day moving average price is $53.81 and its 200 day moving average price is $43.67. The company has a market capitalization of $4.75 billion and a PE ratio of 80.84. GrubHub Inc has a 52 week low of $32.43 and a 52 week high of $57.61.

GrubHub (NASDAQ:GRUB) last announced its quarterly earnings data on Thursday, August 3rd. The information services provider reported $0.22 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.01. GrubHub had a return on equity of 5.84% and a net margin of 9.29%. The company had revenue of $158.79 million for the quarter, compared to analyst estimates of $158.13 million. On average, equities research analysts anticipate that GrubHub Inc will post $1.10 EPS for the current year.

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A number of equities analysts have weighed in on GRUB shares. Roth Capital upped their price target on GrubHub from $47.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, July 17th. Canaccord Genuity reiterated a “buy” rating and set a $47.00 target price on shares of GrubHub in a research note on Thursday, May 25th. Wedbush set a $50.00 target price on GrubHub and gave the company a “buy” rating in a research note on Monday, June 19th. Zacks Investment Research upgraded GrubHub from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research note on Tuesday, June 27th. Finally, Stifel Nicolaus set a $53.00 target price on GrubHub and gave the company a “buy” rating in a research note on Thursday, August 3rd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $51.21.

Several large investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its stake in GrubHub by 6.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,453 shares of the information services provider’s stock valued at $108,000 after buying an additional 148 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in GrubHub by 11.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,761 shares of the information services provider’s stock valued at $120,000 after buying an additional 285 shares in the last quarter. Fortaleza Asset Management Inc. acquired a new stake in GrubHub in the 2nd quarter valued at $146,000. Chicago Partners Investment Group LLC acquired a new stake in GrubHub in the 2nd quarter valued at $154,000. Finally, Karp Capital Management Corp acquired a new stake in GrubHub in the 1st quarter valued at $214,000.

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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