GrubHub Inc (NYSE:GRUB) CFO Adam Dewitt sold 2,250 shares of the stock in a transaction on Monday, March 19th. The shares were sold at an average price of $107.83, for a total value of $242,617.50. Following the transaction, the chief financial officer now directly owns 17,716 shares of the company’s stock, valued at $1,910,316.28. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Adam Dewitt also recently made the following trade(s):

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  • On Monday, March 5th, Adam Dewitt sold 2,500 shares of GrubHub stock. The shares were sold at an average price of $99.18, for a total value of $247,950.00.
  • On Tuesday, February 20th, Adam Dewitt sold 5,000 shares of GrubHub stock. The shares were sold at an average price of $96.34, for a total value of $481,700.00.
  • On Monday, February 5th, Adam Dewitt sold 22,359 shares of GrubHub stock. The shares were sold at an average price of $69.20, for a total value of $1,547,242.80.
  • On Tuesday, January 16th, Adam Dewitt sold 5,000 shares of GrubHub stock. The shares were sold at an average price of $71.20, for a total value of $356,000.00.
  • On Tuesday, January 2nd, Adam Dewitt sold 6,722 shares of GrubHub stock. The shares were sold at an average price of $70.92, for a total value of $476,724.24.

Shares of GrubHub stock traded down $2.95 during trading on Thursday, hitting $107.07. The stock had a trading volume of 1,351,305 shares, compared to its average volume of 1,836,479. The firm has a market capitalization of $9,633.22, a PE ratio of 98.23, a PEG ratio of 4.12 and a beta of 1.00. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.15. GrubHub Inc has a 1-year low of $32.43 and a 1-year high of $112.41.

GrubHub (NYSE:GRUB) last issued its earnings results on Thursday, February 8th. The information services provider reported $0.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.07. The business had revenue of $205.10 million during the quarter, compared to analysts’ expectations of $201.55 million. GrubHub had a return on equity of 8.29% and a net margin of 14.49%. GrubHub’s revenue was up 49.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 earnings per share. research analysts anticipate that GrubHub Inc will post 1.16 earnings per share for the current fiscal year.

Several institutional investors have recently modified their holdings of the company. Xact Kapitalforvaltning AB purchased a new stake in shares of GrubHub during the fourth quarter worth $544,000. MetLife Investment Advisors LLC purchased a new stake in shares of GrubHub during the fourth quarter worth $2,816,000. Macquarie Group Ltd. raised its holdings in shares of GrubHub by 10.3% during the fourth quarter. Macquarie Group Ltd. now owns 1,014,954 shares of the information services provider’s stock worth $72,874,000 after acquiring an additional 94,823 shares in the last quarter. Lido Advisors LLC purchased a new stake in shares of GrubHub during the fourth quarter worth $502,000. Finally, Zeke Capital Advisors LLC purchased a new stake in shares of GrubHub during the fourth quarter worth $297,000.

GRUB has been the subject of a number of research reports. Canaccord Genuity reaffirmed a “buy” rating and set a $80.00 price target on shares of GrubHub in a research note on Tuesday, January 2nd. KeyCorp set a $80.00 price objective on GrubHub and gave the stock a “buy” rating in a research note on Monday, December 11th. Mizuho initiated coverage on GrubHub in a research note on Wednesday, January 24th. They set a “buy” rating and a $81.00 price objective for the company. Zacks Investment Research raised GrubHub from a “hold” rating to a “buy” rating and set a $80.00 price objective for the company in a research note on Tuesday, January 9th. Finally, Roth Capital raised their price objective on GrubHub from $65.00 to $78.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $75.53.

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About GrubHub

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.

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

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