GrubHub Inc (NASDAQ:GRUB) CFO Adam Dewitt sold 5,000 shares of GrubHub stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $55.90, for a total transaction of $279,500.00. Following the completion of the sale, the chief financial officer now owns 21,484 shares of the company’s stock, valued at approximately $1,200,955.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Adam Dewitt also recently made the following trade(s):

  • On Friday, September 1st, Adam Dewitt sold 6,722 shares of GrubHub stock. The shares were sold at an average price of $56.41, for a total transaction of $379,188.02.
  • On Wednesday, August 30th, Adam Dewitt sold 10,500 shares of GrubHub stock. The shares were sold at an average price of $54.76, for a total transaction of $574,980.00.
  • On Monday, August 14th, Adam Dewitt sold 5,000 shares of GrubHub stock. The shares were sold at an average price of $54.57, for a total transaction of $272,850.00.
  • On Friday, August 4th, Adam Dewitt sold 12,000 shares of GrubHub stock. The shares were sold at an average price of $50.00, for a total transaction of $600,000.00.
  • On Tuesday, August 1st, Adam Dewitt sold 6,722 shares of GrubHub stock. The shares were sold at an average price of $46.81, for a total transaction of $314,656.82.
  • On Monday, July 17th, Adam Dewitt sold 2,000 shares of GrubHub stock. The shares were sold at an average price of $46.34, for a total transaction of $92,680.00.
  • On Wednesday, July 12th, Adam Dewitt sold 3,000 shares of GrubHub stock. The shares were sold at an average price of $45.15, for a total transaction of $135,450.00.
  • On Monday, July 3rd, Adam Dewitt sold 3,722 shares of GrubHub stock. The shares were sold at an average price of $43.80, for a total transaction of $163,023.60.
  • On Monday, June 19th, Adam Dewitt sold 2,000 shares of GrubHub stock. The shares were sold at an average price of $44.05, for a total transaction of $88,100.00.

GrubHub Inc (NASDAQ GRUB) opened at 53.56 on Friday. GrubHub Inc has a 52 week low of $32.43 and a 52 week high of $57.61. The firm has a market cap of $4.63 billion and a P/E ratio of 78.76. The company’s 50 day moving average is $54.00 and its 200-day moving average is $43.79.

GrubHub (NASDAQ:GRUB) last released its quarterly earnings results on Thursday, August 3rd. The information services provider reported $0.22 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 9.29% and a return on equity of 5.84%. Equities analysts expect that GrubHub Inc will post $1.10 earnings per share for the current year.

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GRUB has been the subject of several research reports. Zacks Investment Research downgraded shares of GrubHub from a “buy” rating to a “hold” rating in a report on Wednesday, June 28th. Deutsche Bank AG downgraded shares of GrubHub from a “buy” rating to a “hold” rating in a report on Tuesday. KeyCorp reiterated a “buy” rating and issued a $62.00 target price (up previously from $56.00) on shares of GrubHub in a report on Wednesday, September 6th. Morgan Stanley downgraded shares of GrubHub from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $47.00 to $43.00 in a report on Monday, June 26th. Finally, Credit Suisse Group downgraded shares of GrubHub from an “outperform” rating to a “neutral” rating and lifted their target price for the company from $50.00 to $53.00 in a report on Monday, September 11th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $51.21.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GRUB. PNC Financial Services Group Inc. grew its holdings in GrubHub by 6.4% during 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 purchasing an additional 148 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in GrubHub by 11.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,761 shares of the information services provider’s stock valued at $120,000 after purchasing an additional 285 shares in the last quarter. Fortaleza Asset Management Inc. acquired a new stake in GrubHub during the 2nd quarter valued at $146,000. Chicago Partners Investment Group LLC acquired a new stake in GrubHub during the 2nd quarter valued at $154,000. Finally, Karp Capital Management Corp acquired a new stake in GrubHub during the 1st quarter valued at $214,000.

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 (NASDAQ:GRUB)

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