GrubHub Inc. (NYSE:GRUB) CFO Adam Dewitt sold 5,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $64.61, for a total value of $323,050.00. Following the completion of the transaction, the chief financial officer now directly owns 18,744 shares in the company, valued at $1,211,049.84. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

  • On Monday, November 6th, Adam Dewitt sold 6,722 shares of GrubHub stock. The stock was sold at an average price of $61.90, for a total value of $416,091.80.
  • On Monday, October 16th, Adam Dewitt sold 5,000 shares of GrubHub stock. The stock was sold at an average price of $51.13, for a total value of $255,650.00.
  • On Monday, October 2nd, Adam Dewitt sold 6,722 shares of GrubHub stock. The stock was sold at an average price of $52.61, for a total value of $353,644.42.
  • On Monday, September 11th, Adam Dewitt sold 5,000 shares of GrubHub stock. The stock was sold at an average price of $55.90, for a total value of $279,500.00.
  • On Friday, September 1st, Adam Dewitt sold 6,722 shares of GrubHub stock. The stock was sold at an average price of $56.41, for a total value of $379,188.02.
  • On Wednesday, August 30th, Adam Dewitt sold 10,500 shares of GrubHub stock. The stock was sold at an average price of $54.76, for a total value of $574,980.00.

Shares of GrubHub Inc. (GRUB) traded up $0.91 during mid-day trading on Thursday, reaching $67.70. The company’s stock had a trading volume of 1,115,500 shares, compared to its average volume of 2,001,781. GrubHub Inc. has a 1-year low of $32.43 and a 1-year high of $67.84. The stock has a market cap of $5,870.00, a price-to-earnings ratio of 76.77, a PEG ratio of 3.67 and a beta of 1.64.

GrubHub (NYSE:GRUB) last issued its quarterly earnings results on Wednesday, October 25th. The information services provider reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.04. GrubHub had a return on equity of 7.45% and a net margin of 9.60%. The business had revenue of $163.10 million during the quarter, compared to analyst estimates of $159.63 million. During the same quarter in the prior year, the business posted $0.23 EPS. GrubHub’s revenue for the quarter was up 32.1% compared to the same quarter last year. equities research analysts expect that GrubHub Inc. will post 0.88 EPS for the current year.

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A number of equities analysts recently commented on the company. Craig Hallum reaffirmed a “buy” rating and issued a $80.00 target price (up from $70.00) on shares of GrubHub in a report on Tuesday. KeyCorp set a $62.00 target price on GrubHub and gave the stock a “buy” rating in a report on Thursday, November 16th. Zacks Investment Research cut GrubHub from a “buy” rating to a “hold” rating in a report on Friday, November 10th. DA Davidson reaffirmed a “hold” rating and issued a $50.00 target price (up from $48.00) on shares of GrubHub in a report on Friday, October 27th. Finally, Wells Fargo & Co reaffirmed a “hold” rating and issued a $58.00 target price on shares of GrubHub in a report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. GrubHub has a consensus rating of “Buy” and an average price target of $58.61.

A number of hedge funds have recently modified their holdings of the business. Cubist Systematic Strategies LLC purchased a new position in shares of GrubHub during the third quarter valued at about $105,000. PNC Financial Services Group Inc. grew its position in shares of GrubHub by 6.4% during the second quarter. PNC Financial Services Group Inc. now owns 2,453 shares of the information services provider’s stock valued at $108,000 after purchasing an additional 148 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of GrubHub by 11.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,761 shares of the information services provider’s stock valued at $120,000 after purchasing an additional 285 shares in the last quarter. Fortaleza Asset Management Inc. purchased a new position in shares of GrubHub during the second quarter valued at about $146,000. Finally, Chicago Partners Investment Group LLC purchased a new position in shares of GrubHub during the second quarter valued at about $154,000.

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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