GrubHub Inc (NYSE:GRUB) CFO Adam Dewitt sold 2,250 shares of GrubHub stock in a transaction on Monday, August 20th. The shares were sold at an average price of $127.41, for a total value of $286,672.50. Following the transaction, the chief financial officer now owns 17,666 shares of the company’s stock, valued at approximately $2,250,825.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Monday, August 6th, Adam Dewitt sold 4,000 shares of GrubHub stock. The shares were sold at an average price of $126.45, for a total value of $505,800.00.
  • On Monday, July 16th, Adam Dewitt sold 6,750 shares of GrubHub stock. The shares were sold at an average price of $110.28, for a total value of $744,390.00.
  • On Monday, July 2nd, Adam Dewitt sold 2,500 shares of GrubHub stock. The shares were sold at an average price of $102.90, for a total value of $257,250.00.
  • On Monday, June 18th, Adam Dewitt sold 2,250 shares of GrubHub stock. The shares were sold at an average price of $117.70, for a total value of $264,825.00.
  • On Monday, June 4th, Adam Dewitt sold 2,500 shares of GrubHub stock. The shares were sold at an average price of $108.31, for a total value of $270,775.00.

Shares of GRUB opened at $138.44 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.43 and a quick ratio of 3.43. GrubHub Inc has a one year low of $49.60 and a one year high of $141.06. The firm has a market capitalization of $12.24 billion, a P/E ratio of 98.79, a PEG ratio of 3.66 and a beta of 1.06.

GrubHub (NYSE:GRUB) last issued its quarterly earnings data on Wednesday, July 25th. The information services provider reported $0.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.19. GrubHub had a return on equity of 10.52% and a net margin of 15.16%. The company had revenue of $239.70 million during the quarter, compared to analyst estimates of $233.05 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. GrubHub’s revenue was up 50.9% compared to the same quarter last year. equities research analysts predict that GrubHub Inc will post 1.5 EPS for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the stock. Signaturefd LLC bought a new stake in shares of GrubHub in the first quarter worth $101,000. Dubuque Bank & Trust Co. bought a new stake in shares of GrubHub in the second quarter worth $107,000. Meeder Asset Management Inc. bought a new stake in shares of GrubHub in the first quarter worth $138,000. Massey Quick Simon & CO. LLC bought a new stake in shares of GrubHub in the second quarter worth $147,000. Finally, Fortis Advisors LLC bought a new stake in shares of GrubHub in the first quarter worth $173,000.

A number of brokerages have issued reports on GRUB. Cowen reiterated a “buy” rating and set a $149.00 price objective on shares of GrubHub in a research note on Thursday, July 26th. Credit Suisse Group lifted their target price on GrubHub from $99.00 to $121.00 and gave the stock a “neutral” rating in a report on Thursday, July 26th. ValuEngine raised GrubHub from a “buy” rating to a “strong-buy” rating in a report on Wednesday, May 2nd. Wells Fargo & Co reissued a “hold” rating and issued a $90.00 target price on shares of GrubHub in a report on Wednesday, May 2nd. Finally, Roth Capital lifted their target price on GrubHub from $100.00 to $130.00 and gave the stock a “neutral” rating in a report on Thursday, July 26th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. GrubHub currently has an average rating of “Hold” and an average price target of $121.14.

About GrubHub

GrubHub Inc, together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 80,000 local restaurants with diners in approximately 1,600 cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites for iPhone, Android, iPad, Apple Watch, and Apple TV devices; and operates Grubhub, Seamless, and Eat24 Websites through grubhub.com, seamless.com, and eat24.com.

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

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