Insider Selling: GrubHub Inc (NYSE:GRUB) SVP Sells 587 Shares of Stock

GrubHub Inc (NYSE:GRUB) SVP Margo Drucker sold 587 shares of the stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $60.00, for a total value of $35,220.00. Following the sale, the senior vice president now directly owns 8,315 shares of the company’s stock, valued at $498,900. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Margo Drucker also recently made the following trade(s):

  • On Thursday, August 1st, Margo Drucker sold 183 shares of GrubHub stock. The shares were sold at an average price of $67.56, for a total transaction of $12,363.48.
  • On Monday, August 5th, Margo Drucker sold 587 shares of GrubHub stock. The shares were sold at an average price of $67.49, for a total transaction of $39,616.63.
  • On Friday, July 19th, Margo Drucker sold 15,489 shares of GrubHub stock. The stock was sold at an average price of $74.99, for a total transaction of $1,161,520.11.

Shares of NYSE GRUB traded up $2.35 during trading on Monday, hitting $62.75. 2,125,539 shares of the company traded hands, compared to its average volume of 2,649,946. GrubHub Inc has a 1 year low of $55.61 and a 1 year high of $149.35. The company has a 50-day moving average price of $65.32 and a 200-day moving average price of $69.59. The firm has a market capitalization of $5.52 billion, a P/E ratio of 51.02, a P/E/G ratio of 3.47 and a beta of 1.25. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.41.

GrubHub (NYSE:GRUB) last released its quarterly earnings data on Tuesday, July 30th. The information services provider reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.13. The business had revenue of $325.06 million during the quarter, compared to the consensus estimate of $317.39 million. GrubHub had a return on equity of 4.25% and a net margin of 2.17%. The business’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.50 EPS. Research analysts predict that GrubHub Inc will post 0.69 EPS for the current fiscal year.

Several research firms have recently commented on GRUB. Credit Suisse Group reduced their target price on shares of GrubHub from $140.00 to $133.00 and set an “outperform” rating for the company in a research note on Friday, July 26th. Cowen set a $91.00 price objective on shares of GrubHub and gave the company a “buy” rating in a research note on Friday. Benchmark restated a “buy” rating and set a $90.00 target price on shares of GrubHub in a research report on Wednesday, July 31st. JMP Securities decreased their target price on shares of GrubHub to $95.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 31st. Finally, Wedbush set a $90.00 target price on shares of GrubHub and gave the stock an “in-line” rating in a research note on Wednesday, July 31st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $95.68.

A number of hedge funds have recently bought and sold shares of GRUB. Clearbridge Investments LLC grew its stake in shares of GrubHub by 257.6% during the 1st quarter. Clearbridge Investments LLC now owns 6,028,803 shares of the information services provider’s stock worth $418,821,000 after acquiring an additional 4,342,673 shares during the period. Nuveen Asset Management LLC bought a new position in shares of GrubHub during the 2nd quarter valued at approximately $214,636,000. Viking Global Investors LP purchased a new stake in GrubHub during the 2nd quarter valued at $98,984,000. Baillie Gifford & Co. raised its holdings in GrubHub by 9.4% during the 2nd quarter. Baillie Gifford & Co. now owns 10,040,807 shares of the information services provider’s stock valued at $783,082,000 after buying an additional 865,569 shares during the period. Finally, VGI Partners Ltd bought a new stake in GrubHub in the second quarter worth $49,895,000.

About GrubHub

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 105,000 local restaurants with diners with diners in various cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites; and operates Websites through grubhub.com, seamless.com, eat24.com, and menupages.com.

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

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