Insider Selling: GrubHub Inc (GRUB) Director Sells $2,471,330.00 in Stock

GrubHub Inc (NYSE:GRUB) Director David Fisher sold 19,000 shares of the stock in a transaction dated Friday, August 10th. The stock was sold at an average price of $130.07, for a total value of $2,471,330.00. Following the transaction, the director now owns 20,667 shares in the company, valued at $2,688,156.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of NYSE:GRUB opened at $128.55 on Friday. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.08. GrubHub Inc has a 12 month low of $49.60 and a 12 month high of $141.06. The stock has a market cap of $11.80 billion, a price-to-earnings ratio of 131.17, a PEG ratio of 3.62 and a beta of 1.06.

GrubHub (NYSE:GRUB) last posted its earnings results on Wednesday, July 25th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.19. GrubHub had a return on equity of 10.52% and a net margin of 15.16%. The business had revenue of $239.70 million during the quarter, compared to analyst estimates of $233.05 million. During the same quarter last year, the firm earned $0.26 earnings per share. The company’s revenue for the quarter was up 50.9% compared to the same quarter last year. research analysts predict that GrubHub Inc will post 1.5 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the company. Picton Mahoney Asset Management acquired a new stake in shares of GrubHub in the first quarter valued at about $1,603,000. Dupont Capital Management Corp acquired a new stake in shares of GrubHub in the first quarter valued at about $990,000. Chicago Capital LLC grew its stake in shares of GrubHub by 46.7% in the second quarter. Chicago Capital LLC now owns 150,576 shares of the information services provider’s stock valued at $15,797,000 after buying an additional 47,962 shares in the last quarter. Mitchell Capital Management Co. acquired a new stake in shares of GrubHub in the first quarter valued at about $2,290,000. Finally, BlackRock Inc. grew its stake in shares of GrubHub by 4.7% in the first quarter. BlackRock Inc. now owns 5,737,439 shares of the information services provider’s stock valued at $582,177,000 after buying an additional 260,107 shares in the last quarter.

Several equities analysts recently weighed in on GRUB shares. Gabelli started coverage on GrubHub in a research report on Monday, April 23rd. They set a “hold” rating on the stock. DA Davidson upped their price target on GrubHub to $100.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 24th. Roth Capital restated a “neutral” rating and set a $100.00 price target on shares of GrubHub in a research note on Wednesday, April 25th. They noted that the move was a valuation call. ValuEngine upgraded GrubHub from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 2nd. Finally, Zacks Investment Research lowered GrubHub from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $121.14.

GrubHub Company Profile

GrubHub Inc, together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 80,000 local restaurants with diners in approximately 1,600 cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites for iPhone, Android, iPad, Apple Watch, and Apple TV devices; and operates Grubhub, Seamless, and Eat24 Websites through grubhub.com, seamless.com, and eat24.com.

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Insider Buying and Selling by Quarter for GrubHub (NYSE:GRUB)

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