GrubHub Inc. (NYSE:GRUB) CFO Adam Dewitt sold 5,000 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $64.61, for a total transaction of $323,050.00. Following the transaction, the chief financial officer now owns 18,744 shares of the company’s stock, valued at $1,211,049.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Monday, November 6th, Adam Dewitt sold 6,722 shares of GrubHub stock. The shares were sold at an average price of $61.90, for a total transaction of $416,091.80.
  • On Monday, October 16th, Adam Dewitt sold 5,000 shares of GrubHub stock. The shares were sold at an average price of $51.13, for a total transaction of $255,650.00.
  • On Monday, October 2nd, Adam Dewitt sold 6,722 shares of GrubHub stock. The shares were sold at an average price of $52.61, for a total transaction of $353,644.42.
  • On Monday, September 11th, Adam Dewitt sold 5,000 shares of GrubHub stock. The shares were sold at an average price of $55.90, for a total transaction of $279,500.00.
  • 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.

Shares of GrubHub Inc. (NYSE:GRUB) traded up $0.91 during midday trading on Wednesday, reaching $67.70. 1,115,569 shares of the company traded hands, compared to its average volume of 2,001,782. GrubHub Inc. has a one year low of $32.43 and a one year high of $67.84. The stock has a market cap of $5,637.75, a PE ratio of 74.75, a PEG ratio of 3.57 and a beta of 1.64.

GrubHub (NYSE:GRUB) last announced its quarterly earnings data on Wednesday, October 25th. The information services provider reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.04. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. The company had revenue of $163.10 million during the quarter, compared to analysts’ expectations of $159.63 million. During the same quarter in the prior year, the company earned $0.23 EPS. GrubHub’s revenue was up 32.1% compared to the same quarter last year. analysts predict that GrubHub Inc. will post 0.88 EPS for the current year.

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GRUB has been the subject of a number of recent analyst reports. Cowen and Company reaffirmed an “outperform” rating and issued a $54.00 price objective on shares of GrubHub in a report on Tuesday, July 25th. Roth Capital set a $55.00 price objective on shares of GrubHub and gave the company a “buy” rating in a report on Monday, July 31st. Stifel Nicolaus set a $53.00 price objective on shares of GrubHub and gave the company a “buy” rating in a report on Thursday, August 3rd. Wedbush set a $55.00 price objective on shares of GrubHub and gave the company a “buy” rating in a report on Friday, August 4th. Finally, Wells Fargo & Company reaffirmed a “hold” rating on shares of GrubHub in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $58.61.

A number of hedge funds and other institutional investors have recently made changes to their positions in GRUB. Legal & General Group Plc grew its stake in GrubHub by 9.3% during the 1st quarter. Legal & General Group Plc now owns 28,286 shares of the information services provider’s stock valued at $931,000 after acquiring an additional 2,409 shares in the last quarter. State Street Corp grew its stake in GrubHub by 2.4% during the 1st quarter. State Street Corp now owns 1,527,184 shares of the information services provider’s stock valued at $50,228,000 after acquiring an additional 35,244 shares in the last quarter. Eqis Capital Management Inc. purchased a new stake in GrubHub during the 2nd quarter valued at about $276,000. Aperio Group LLC boosted its holdings in GrubHub by 82.7% in the 2nd quarter. Aperio Group LLC now owns 11,913 shares of the information services provider’s stock valued at $519,000 after purchasing an additional 5,394 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in GrubHub by 39.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 426,415 shares of the information services provider’s stock valued at $18,591,000 after purchasing an additional 120,482 shares during the last quarter.

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 (NYSE:GRUB)

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