GrubHub Inc (NASDAQ:GRUB) COO Stanley Chia sold 645 shares of GrubHub stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $53.57, for a total value of $34,552.65. Following the sale, the chief operating officer now directly owns 1,215 shares of the company’s stock, valued at $65,087.55. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Stanley Chia also recently made the following trade(s):

  • On Wednesday, September 6th, Stanley Chia sold 705 shares of GrubHub stock. The shares were sold at an average price of $56.66, for a total value of $39,945.30.
  • On Friday, August 25th, Stanley Chia sold 4,671 shares of GrubHub stock. The stock was sold at an average price of $54.17, for a total value of $253,028.07.
  • On Thursday, August 3rd, Stanley Chia sold 822 shares of GrubHub stock. The stock was sold at an average price of $46.65, for a total value of $38,346.30.
  • On Wednesday, July 5th, Stanley Chia sold 837 shares of GrubHub stock. The stock was sold at an average price of $43.54, for a total value of $36,442.98.

GrubHub Inc (NASDAQ:GRUB) opened at 54.23 on Wednesday. The firm’s 50-day moving average is $54.36 and its 200-day moving average is $45.52. GrubHub Inc has a 12 month low of $32.43 and a 12 month high of $57.61. The stock has a market cap of $4.69 billion and a P/E ratio of 79.75.

GrubHub (NASDAQ:GRUB) last announced its quarterly earnings results on Thursday, August 3rd. The information services provider reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. The business had revenue of $158.79 million for the quarter, compared to analysts’ expectations of $158.13 million. GrubHub had a return on equity of 5.84% and a net margin of 9.29%. On average, equities analysts forecast that GrubHub Inc will post $1.09 earnings per share for the current fiscal year.

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Several equities research analysts recently weighed in on GRUB shares. Zacks Investment Research cut GrubHub from a “hold” rating to a “sell” rating in a research note on Wednesday. Stifel Nicolaus reiterated a “buy” rating and issued a $53.00 price target on shares of GrubHub in a research note on Wednesday. Wedbush reiterated an “outperform” rating and issued a $60.00 price target (down from $63.00) on shares of GrubHub in a research note on Tuesday, September 26th. Pacific Crest reissued an “overweight” rating and set a $62.00 price objective on shares of GrubHub in a report on Monday, September 25th. Finally, Craig Hallum started coverage on shares of GrubHub in a report on Monday, September 25th. They set a “buy” rating and a $70.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. GrubHub presently has an average rating of “Buy” and a consensus price target of $53.42.

Institutional investors and hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its position in GrubHub by 6.4% in the second quarter. PNC Financial Services Group Inc. now owns 2,453 shares of the information services provider’s stock worth $108,000 after buying an additional 148 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in GrubHub by 11.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,761 shares of the information services provider’s stock valued at $120,000 after buying an additional 285 shares during the last quarter. Fortaleza Asset Management Inc. bought a new stake in GrubHub in the second quarter valued at $146,000. Chicago Partners Investment Group LLC bought a new stake in GrubHub in the second quarter valued at $154,000. Finally, Karp Capital Management Corp bought a new stake in GrubHub in the first quarter valued at $214,000.

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 (NASDAQ:GRUB)

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