STUB (NYSE:STUB) Insider Sells $17,406.40 in Stock

STUB (NYSE:STUB) insider Mark Streams sold 2,530 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $6.88, for a total transaction of $17,406.40. Following the transaction, the insider owned 1,391,516 shares in the company, valued at approximately $9,573,630.08. This represents a 0.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Mark Streams also recently made the following trade(s):

• On Tuesday, August 25th, Mark Streams sold 10,176 shares of STUB stock. The stock was sold at an average price of $6.84, for a total value of $69,603.84.
• On Monday, August 24th, Mark Streams sold 150,000 shares of STUB stock. The stock was sold at an average price of $6.76, for a total value of $1,014,000.00.
• On Friday, August 21st, Mark Streams sold 6,500 shares of STUB stock. The shares were sold at an average price of $6.93, for a total transaction of $45,045.00.
• On Tuesday, July 7th, Mark Streams sold 400 shares of STUB stock. The shares were sold at an average price of $14.01, for a total transaction of $5,604.00.
• On Monday, July 6th, Mark Streams sold 28,531 shares of STUB stock. The stock was sold at an average price of $13.02, for a total value of $371,473.62.
• On Wednesday, July 1st, Mark Streams sold 3,002 shares of STUB stock. The stock was sold at an average price of $13.00, for a total transaction of $39,026.00.
• On Tuesday, June 30th, Mark Streams sold 18,167 shares of STUB stock. The shares were sold at an average price of $13.03, for a total transaction of $236,716.01.
• On Monday, June 29th, Mark Streams sold 300 shares of STUB stock. The stock was sold at an average price of $13.00, for a total transaction of $3,900.00.

STUB Stock Up 0.3%

STUB stock opened at $6.57 on Monday. The firm has a market cap of $2.51 billion and a price-to-earnings ratio of -1.14. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.04 and a quick ratio of 1.04. STUB has a fifty-two week low of $5.74 and a fifty-two week high of $27.89. The firm has a fifty day moving average price of $9.51 and a two-hundred day moving average price of $8.79.

Key Stories Impacting STUB

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.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on STUB. BMO Capital Markets downgraded STUB from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 19th. Mizuho set a $11.00 price target on STUB in a research report on Friday, August 14th. UBS Group set a $7.50 price target on STUB in a report on Thursday, August 13th. Morgan Stanley increased their price objective on STUB from $8.75 to $10.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 10th. Finally, Sanford C. Bernstein upgraded shares of STUB to an “outperform” rating in a research note on Tuesday, May 19th. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $10.83.

Institutional Investors Weigh In On STUB

Institutional investors have recently added to or reduced their stakes in the company. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in STUB during the fourth quarter valued at about $1,044,000. Garner Asset Management Corp acquired a new stake in shares of STUB during the 4th quarter worth approximately $92,000. International Assets Investment Management LLC acquired a new stake in shares of STUB during the 4th quarter worth approximately $149,000. Baader Bank Aktiengesellschaft bought a new stake in shares of STUB during the fourth quarter valued at approximately $1,015,000. Finally, Cornerstone Wealth Management LLC increased its position in shares of STUB by 20.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 36,440 shares of the company’s stock valued at $493,000 after purchasing an additional 6,070 shares during the period.

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.