GrubHub Inc (NASDAQ:GRUB) CTO Maria Belousova sold 2,307 shares of GrubHub stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $61.10, for a total value of $140,957.70. Following the transaction, the chief technology officer now directly owns 857 shares of the company’s stock, valued at $52,362.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Maria Belousova also recently made the following trade(s):

  • On Friday, November 3rd, Maria Belousova sold 2,685 shares of GrubHub stock. The shares were sold at an average price of $61.03, for a total value of $163,865.55.
  • On Tuesday, October 3rd, Maria Belousova sold 2,687 shares of GrubHub stock. The shares were sold at an average price of $52.79, for a total value of $141,846.73.
  • On Friday, September 1st, Maria Belousova sold 2,308 shares of GrubHub stock. The shares were sold at an average price of $57.09, for a total value of $131,763.72.
  • On Wednesday, September 6th, Maria Belousova sold 2,686 shares of GrubHub stock. The shares were sold at an average price of $57.03, for a total value of $153,182.58.

Shares of GrubHub Inc (NASDAQ GRUB) opened at $62.19 on Monday. GrubHub Inc has a 12-month low of $32.43 and a 12-month high of $62.96.

GrubHub (NASDAQ:GRUB) last posted its earnings results on Wednesday, October 25th. The information services provider reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.04. The company had revenue of $163.10 million during the quarter, compared to analyst estimates of $159.63 million. GrubHub had a return on equity of 5.01% and a net margin of 7.97%. The company’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.23 EPS.

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A number of research analysts have issued reports on GRUB shares. Vetr raised GrubHub from a “sell” rating to a “strong-buy” rating and set a $62.06 price objective for the company in a report on Monday, July 17th. Roth Capital lifted their price objective on GrubHub from $47.00 to $55.00 and gave the company a “buy” rating in a report on Monday, July 17th. Citigroup Inc. cut GrubHub from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $52.00 to $56.00 in a report on Thursday, October 5th. Credit Suisse Group cut GrubHub from an “outperform” rating to a “neutral” rating and lifted their price objective for the company from $50.00 to $53.00 in a report on Monday, September 11th. Finally, Bank of America Corporation lifted their price objective on GrubHub from $54.00 to $64.00 and gave the company a “buy” rating in a report on Tuesday, September 5th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, fourteen have assigned 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 target price of $58.18.

Several institutional investors have recently bought and sold shares of GRUB. BlackRock Inc. grew its position in shares of GrubHub by 75,703.7% during the 1st quarter. BlackRock Inc. now owns 5,080,365 shares of the information services provider’s stock worth $167,094,000 after buying an additional 5,073,663 shares during the period. Carmignac Gestion grew its position in shares of GrubHub by 55.4% during the 2nd quarter. Carmignac Gestion now owns 4,976,545 shares of the information services provider’s stock worth $216,977,000 after buying an additional 1,773,959 shares during the period. Fiera Capital Corp acquired a new position in shares of GrubHub during the 2nd quarter worth about $40,593,000. Canada Pension Plan Investment Board acquired a new position in shares of GrubHub during the 2nd quarter worth about $29,203,000. Finally, Janus Henderson Group PLC acquired a new position in shares of GrubHub during the 2nd quarter worth about $28,875,000.

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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