GrubHub Inc (GRUB) SVP Margo Drucker Sells 1,238 Shares

GrubHub Inc (NYSE:GRUB) SVP Margo Drucker sold 1,238 shares of the business’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $67.46, for a total value of $83,515.48. Following the completion of the transaction, the senior vice president now directly owns 892 shares in the company, valued at approximately $60,174.32. 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 Tuesday, December 5th, Margo Drucker sold 1,621 shares of GrubHub stock. The stock was sold at an average price of $67.24, for a total value of $108,996.04.
  • On Wednesday, November 1st, Margo Drucker sold 1,237 shares of GrubHub stock. The stock was sold at an average price of $61.10, for a total value of $75,580.70.
  • On Friday, November 3rd, Margo Drucker sold 1,620 shares of GrubHub stock. The stock was sold at an average price of $60.98, for a total value of $98,787.60.
  • On Tuesday, October 3rd, Margo Drucker sold 1,736 shares of GrubHub stock. The stock was sold at an average price of $52.92, for a total value of $91,869.12.
  • On Wednesday, September 6th, Margo Drucker sold 1,737 shares of GrubHub stock. The stock was sold at an average price of $56.97, for a total value of $98,956.89.

Shares of GrubHub Inc (GRUB) traded up $0.64 on Wednesday, reaching $67.58. The company had a trading volume of 883,100 shares, compared to its average volume of 1,977,503. The stock has a market cap of $5,920.00, a PE ratio of 76.94, a price-to-earnings-growth ratio of 3.67 and a beta of 1.67. GrubHub Inc has a twelve month low of $32.43 and a twelve month high of $69.82.

GrubHub (NYSE:GRUB) last announced its earnings results on Wednesday, October 25th. The information services provider reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. The business had revenue of $163.10 million for the quarter, compared to analyst estimates of $159.63 million. GrubHub had a return on equity of 7.45% and a net margin of 9.60%. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 EPS. equities analysts forecast that GrubHub Inc will post 0.89 EPS for the current year.

Several research firms have weighed in on GRUB. Cowen reissued an “outperform” rating and issued a $78.00 price objective (up previously from $65.00) on shares of GrubHub in a research report on Friday, December 1st. Craig Hallum reaffirmed a “buy” rating and set a $80.00 price target (up previously from $70.00) on shares of GrubHub in a research report on Tuesday, November 21st. KeyCorp set a $62.00 price target on GrubHub and gave the company a “buy” rating in a research report on Thursday, November 16th. Zacks Investment Research cut GrubHub from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, DA Davidson reaffirmed a “hold” rating and set a $50.00 price target (up previously from $48.00) on shares of GrubHub in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirteen have given 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 target price of $59.18.

A number of hedge funds and other institutional investors have recently made changes to their positions in GRUB. Carmignac Gestion increased its stake in GrubHub by 55.4% in the 2nd quarter. Carmignac Gestion now owns 4,976,545 shares of the information services provider’s stock worth $216,977,000 after acquiring an additional 1,773,959 shares during the last quarter. Fiera Capital Corp bought a new position in GrubHub in the 2nd quarter worth about $40,593,000. Caledonia Private Investments Pty Ltd increased its stake in GrubHub by 8.0% in the 3rd quarter. Caledonia Private Investments Pty Ltd now owns 10,702,879 shares of the information services provider’s stock worth $563,614,000 after acquiring an additional 790,969 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in GrubHub in the 2nd quarter worth about $29,203,000. Finally, Janus Henderson Group PLC bought a new position in GrubHub in the 2nd quarter worth about $28,875,000.

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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.

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