Nayaab Islam Sells 85,973 Shares of STUB (NYSE:STUB) Stock

STUB (NYSE:STUB) insider Nayaab Islam sold 85,973 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $6.86, for a total transaction of $589,774.78. Following the completion of the transaction, the insider owned 8,146,255 shares of the company’s stock, valued at $55,883,309.30. This trade represents a 1.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Nayaab Islam also recently made the following trade(s):

• On Tuesday, August 25th, Nayaab Islam sold 219,736 shares of STUB stock. The stock was sold at an average price of $6.78, for a total transaction of $1,489,810.08.
• On Tuesday, July 7th, Nayaab Islam sold 2,800 shares of STUB stock. The stock was sold at an average price of $14.01, for a total transaction of $39,228.00.
• On Monday, July 6th, Nayaab Islam sold 54,801 shares of STUB stock. The shares were sold at an average price of $13.03, for a total transaction of $714,057.03.
• On Wednesday, July 1st, Nayaab Islam sold 2,099 shares of STUB stock. The shares were sold at an average price of $13.00, for a total value of $27,287.00.
• On Tuesday, June 30th, Nayaab Islam sold 25,400 shares of STUB stock. The shares were sold at an average price of $13.03, for a total value of $330,962.00.
• On Monday, June 29th, Nayaab Islam sold 1,300 shares of STUB stock. The stock was sold at an average price of $13.00, for a total value of $16,900.00.
• On Friday, June 26th, Nayaab Islam sold 25,080 shares of STUB stock. The stock was sold at an average price of $12.05, for a total value of $302,214.00.
• On Monday, June 15th, Nayaab Islam sold 16,720 shares of STUB stock. The stock was sold at an average price of $11.37, for a total value of $190,106.40.

STUB Trading Up 0.3%

Shares of STUB opened at $6.57 on Friday. STUB has a one year low of $5.74 and a one year high of $27.89. The stock has a 50-day moving average price of $9.51 and a 200 day moving average price of $8.80. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $2.51 billion and a P/E ratio of -1.14.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of STUB. California State Teachers Retirement System acquired a new position in shares of STUB in the 2nd quarter worth approximately $509,000. Rose Capital Advisors LLC acquired a new stake in shares of STUB during the 2nd quarter valued at approximately $183,000. Comprehensive Financial Management LLC raised its position in shares of STUB by 13.6% during the 2nd quarter. Comprehensive Financial Management LLC now owns 390,543 shares of the company’s stock valued at $5,026,000 after acquiring an additional 46,808 shares in the last quarter. Stephens Group LLC lifted its stake in STUB by 193.2% during the second quarter. Stephens Group LLC now owns 1,022,413 shares of the company’s stock worth $13,158,000 after purchasing an additional 673,715 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in STUB by 396.1% during the first quarter. Bank of America Corp DE now owns 572,790 shares of the company’s stock worth $3,574,000 after purchasing an additional 457,321 shares during the last quarter.

Analysts Set New Price Targets

A number of analysts have recently weighed in on STUB shares. BMO Capital Markets downgraded shares of STUB from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 19th. Oppenheimer cut their price target on shares of STUB from $12.00 to $11.00 and set an “outperform” rating on the stock in a report on Thursday, August 13th. Wall Street Zen downgraded shares of STUB from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Sanford C. Bernstein raised shares of STUB to an “outperform” rating in a report on Tuesday, May 19th. Finally, Mizuho set a $11.00 target price on shares of STUB in a research report on Friday, August 14th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, STUB currently has a consensus rating of “Hold” and an average price target of $10.83.

STUB News Summary

Here are the key news stories impacting STUB this week:

• Negative Sentiment: Executive Vice Chairman and Chief Legal Officer Mark Streams sold 2,530 shares for approximately $17,406 at an average price of $6.88. The sale reduced his ownership by 0.18%. Top StubHub Executive Quietly Cashes Out in Notable Stock Sale
• Negative Sentiment: Insider Nayaab Islam sold 85,973 shares for roughly $589,775 at $6.86 per share. Combined with a 219,736-share sale on August 25, Islam has sold 305,709 shares worth about $2.08 million in two recent transactions, reducing the position by approximately 3.6%. Insider Selling: STUB Insider Sells 85,973 Shares
• Neutral Sentiment: Despite the selling, Islam still owned 8.15 million shares and Streams retained approximately 1.39 million shares after their respective transactions. Insider sales can reflect diversification or personal liquidity needs rather than a definitive view of future business performance.
• Neutral Sentiment: Analyst opinions remain mixed: five analysts rate STUB a Buy, seven rate it Hold and two rate it Sell. The consensus rating is Hold, with an average price target of $10.83, while recent targets include $11 from Oppenheimer and Mizuho and $14 from Evercore. The stock is trading well below those targets but remains below its 50-day and 200-day moving averages, signaling continued technical weakness.

About STUB

Stubhub Holdings Inc, through its subsidiaries, provides an online marketplace to buy and sell tickets for sports, concerts, theater, festivals and other live events. Stubhub Holdings Inc is based in NEW YORK.