Barbara Martin Coppola Sells 1,459 Shares of GrubHub Inc (GRUB) Stock
GrubHub Inc (NASDAQ:GRUB) insider Barbara Martin Coppola sold 1,459 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $52.66, for a total value of $76,830.94. Following the completion of the sale, the insider now directly owns 8,875 shares in the company, valued at approximately $467,357.50. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Barbara Martin Coppola also recently made the following trade(s):
- On Wednesday, September 20th, Barbara Martin Coppola sold 2,342 shares of GrubHub stock. The shares were sold at an average price of $54.32, for a total value of $127,217.44.
- On Tuesday, August 8th, Barbara Martin Coppola sold 2,916 shares of GrubHub stock. The shares were sold at an average price of $55.97, for a total value of $163,208.52.
GrubHub Inc (GRUB) opened at 54.10 on Thursday. The firm has a 50 day moving average price of $54.36 and a 200 day moving average price of $45.58. GrubHub Inc has a 52 week low of $32.43 and a 52 week high of $57.61. The stock has a market capitalization of $4.67 billion and a P/E ratio of 79.56.
GrubHub (NASDAQ:GRUB) last posted its earnings results on Thursday, August 3rd. The information services provider reported $0.22 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.01. The company had revenue of $158.79 million during the quarter, compared to analyst estimates of $158.13 million. GrubHub had a return on equity of 5.84% and a net margin of 9.29%. Equities research analysts predict that GrubHub Inc will post $1.09 earnings per share for the current year.
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A number of equities research analysts have issued reports on the company. Citigroup Inc. lowered GrubHub from a “buy” rating to a “neutral” rating in a research report on Thursday. Zacks Investment Research lowered GrubHub from a “hold” rating to a “sell” rating in a research report on Wednesday. Stifel Nicolaus reaffirmed a “buy” rating and issued a $53.00 price target on shares of GrubHub in a research report on Wednesday. Wedbush reiterated an “outperform” rating and issued a $60.00 price objective (down previously from $63.00) on shares of GrubHub in a report on Tuesday, September 26th. Finally, Pacific Crest reiterated an “overweight” rating and issued a $62.00 price objective on shares of GrubHub in a report on Monday, September 25th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $53.57.
Large investors have recently bought and sold shares of the company. Bank of New York Mellon Corp grew its holdings in shares of GrubHub by 11.7% during the second quarter. Bank of New York Mellon Corp now owns 736,610 shares of the information services provider’s stock valued at $32,116,000 after purchasing an additional 77,237 shares during the last quarter. Geneva Advisors LLC bought a new position in shares of GrubHub during the second quarter valued at approximately $622,000. Oppenheimer & Co. Inc. bought a new position in shares of GrubHub during the first quarter valued at approximately $531,000. Delta Lloyd Asset Management N.V. bought a new position in shares of GrubHub during the second quarter valued at approximately $2,126,000. Finally, Tudor Investment Corp ET AL bought a new position in shares of GrubHub during the first quarter valued at approximately $949,000.
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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