GrubHub Inc (GRUB) CMO Sells $98,356.68 in Stock
GrubHub Inc (NYSE:GRUB) CMO Barbara Martin Coppola sold 1,458 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $67.46, for a total transaction of $98,356.68. Following the sale, the chief marketing officer now directly owns 7,097 shares of the company’s stock, valued at $478,763.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Barbara Martin Coppola also recently made the following trade(s):
- On Monday, December 4th, Barbara Martin Coppola sold 728 shares of GrubHub stock. The shares were sold at an average price of $67.51, for a total transaction of $49,147.28.
- On Wednesday, November 1st, Barbara Martin Coppola sold 1,458 shares of GrubHub stock. The shares were sold at an average price of $61.10, for a total transaction of $89,083.80.
- On Monday, October 2nd, Barbara Martin Coppola sold 1,459 shares of GrubHub stock. The shares were sold at an average price of $52.66, for a total transaction of $76,830.94.
- 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 transaction of $127,217.44.
GrubHub Inc (GRUB) opened at $68.94 on Friday. The firm has a market cap of $5,931.64, a P/E ratio of 78.64, a price-to-earnings-growth ratio of 3.75 and a beta of 1.67. GrubHub Inc has a 12 month low of $32.43 and a 12 month high of $69.82.
GrubHub (NYSE:GRUB) last released its quarterly earnings data on Wednesday, October 25th. The information services provider reported $0.28 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.04. The firm had revenue of $163.10 million for the quarter, compared to analyst estimates of $159.63 million. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. The company’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.23 EPS. equities research analysts expect that GrubHub Inc will post 0.89 earnings per share for the current year.
Institutional investors have recently added to or reduced their stakes in the business. Lord Abbett & CO. LLC acquired a new position in GrubHub in the 2nd quarter valued at approximately $19,789,000. Bank of New York Mellon Corp increased its stake in GrubHub by 11.7% in the 2nd 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 buying an additional 77,237 shares during the period. Geneva Advisors LLC acquired a new position in GrubHub in the 2nd quarter valued at approximately $622,000. Delta Lloyd Asset Management N.V. acquired a new position in shares of GrubHub during the 2nd quarter worth $2,126,000. Finally, Principal Financial Group Inc. increased its stake in shares of GrubHub by 51.3% during the 2nd quarter. Principal Financial Group Inc. now owns 17,348 shares of the information services provider’s stock worth $756,000 after purchasing an additional 5,880 shares during the last quarter.
Several analysts recently commented on GRUB shares. Stifel Nicolaus reissued a “buy” rating and set a $53.00 target price on shares of GrubHub in a research note on Wednesday, October 4th. Wedbush restated an “outperform” rating and issued a $60.00 price target (down previously from $63.00) on shares of GrubHub in a research report on Tuesday, September 26th. Canaccord Genuity restated a “buy” rating and issued a $50.00 price target on shares of GrubHub in a research report on Thursday, August 10th. Monness Crespi & Hardt upped their price target on shares of GrubHub from $35.00 to $42.00 and gave the company a “sell” rating in a research report on Thursday, October 26th. Finally, Zacks Investment Research upgraded shares of GrubHub from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $59.18.
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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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