The stock was sold at an average price of $35.09, for a total value of $219,312.50. Following the completion of the sale, the chief financial officer now directly owns 28,223 shares of the company's stock, valued at approximately $987,805. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Caledonia Private Investments Pty Ltd acquired 877,681 shares as Grubhub Inc (GRUB)'s stock rose 15.35%. The stock's 50 day moving average is $44.08 and its 200-day moving average is $39.04. GrubHub Inc has a 52-week low of $29.42 and a 52-week high of $47.84. The company has market cap of $3.75 billion.
In the last reported quarter, Grubhub Inc reported its Actual EPS (earnings per share) of $0.29/share where most of the analysts working on this stock were estimating the EPS to be $0.24/share. Credit Suisse initiated GrubHub Inc (NYSE:GRUB) on Wednesday, January 11 with "Outperform" rating. The business had revenue of $156.10 million during the quarter, compared to analysts' expectations of $152.97 million. Next quarter's EPS is forecasted to be $0.25 and the next full year EPS is anticipated to be $1.39. The firm's revenue for the quarter was up 39.1% on a year-over-year basis. As of the latest earnings report the EPS was $0.66 and is projected to be $1.12 for the current year with 86,203,000 shares now outstanding.
More notable recent GrubHub Inc (NYSE:GRUB) news were published by: Investorplace.com which released: "Why GrubHub Inc (GRUB) Stock Is a No-Go Right Now" on June 29, 2017, also Seekingalpha.com with their article: "Monness reiterates lonesome Sell on GrubHub as competition mounts" published on June 27, 2017, Streetinsider.com published: "Cowen Upgrades GrubHub Inc". Karp Capital Management Corp purchased a new position in shares of GrubHub during the first quarter valued at $214,000. Finally, Teza Capital Management LLC bought a new position in GrubHub during the first quarter valued at approximately $257,000. Renaissance Group LLC now owns 8,776 shares of the information services provider's stock valued at $289,000 after buying an additional 42 shares during the last quarter. Prudential Financial Inc. raised its position in GrubHub by 22.5% in the first quarter.
News coverage about GrubHub (NASDAQ:GRUB) has been trending somewhat positive this week, Accern reports. Zacks Investment Research raised shares of GrubHub from a "hold" rating to a "buy" rating and set a $50.00 price objective for the company in a research note on Tuesday, June 27th. Pacific Crest reiterated an overweight rating and set a $50.00 price objective on shares of GrubHub in a research report on Wednesday, June 28th. Morgan Stanley lowered GrubHub from an "overweight" rating to an "equal weight" rating and lowered their price target for the stock from $47.00 to $43.00 in a research note on Monday, June 26th. TheStreet upgraded shares of GrubHub from a "c-" rating to a "b-" rating in a research note on Monday, April 3rd. GrubHub now has a consensus rating of "Buy" and a consensus price target of $46.00. One analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have assigned a buy rating to the company's stock. The shares were sold at an average price of $45.21, for a total transaction of $3,757,674.36. Swiss National Bank now owns 113,200 shares of the information services provider's stock valued at $3,723,000 after buying an additional 1,100 shares during the period. The stock rose 1.53% or $0.69 reaching $45.73 per share. In the last three months, insiders sold 267,077 shares of company stock worth $11,781,177.
ILLEGAL ACTIVITY NOTICE: This report was first posted by Sports Perspectives and is owned by of Sports Perspectives. Also, COO Stanley Chia sold 837 shares of the company's stock in a transaction dated Wednesday, July 5th. The disclosure for this sale can be found here. If you are accessing this report on another domain, it was copied illegally and republished in violation of USA & worldwide trademark & copyright laws.
And as CNBC reports, a new study suggests that online ordering platforms like Grubhub are fueling a surge in the meal delivery market.
BidaskClub upgraded shares of Shaw Communications from a "hold" rating to a "buy" rating in a research note on Tuesday, June 27th. Norges Bank purchased a new position in shares of Shaw Communications during the fourth quarter worth approximately $77,114,000.
Nor did she complain when her flight from Weihai to Beijing Sunday night was delayed six hours to 3 a.m. Women's Open Golf tournament Thursday, July 13, 2017, in Bedminster, N.J. "I wanted to win more".
Quelques jours après la clôture du sommet de l'Union africaine (UA), les diplomates marocains étaient de retour à Addis-Abeba. Avant le Rwanda, la délégation marocaine s'était rendue pour une mission similaire en Éthiopie.
Nu heeft een groep fanatieke Ajax-supporters uit Amsterdam Noord een spandoek geplaatst in de tuin van het huis van Nouri . Hij zou tijdens de medische behandeling gereanimeerd zijn. "We hebben gehoord dat hij buiten levensgevaar is".
The bee has become the symbol of solidarity among those affected by the bomb with hundreds of people getting bee tattoos . The move comes following the launch of #ACITYUNITED, which saw both Manchester clubs pledge £1m for the Fund.
The ex-dividend date of this dividend was Tue, Jun 13th. this indicates a $0.08 dividend on a yearly basis and a payout of 0.37%. Northwestern Mutual Wealth Management Co. increased its position in Range Resources Corporation by 0.8% in the first quarter.
As per normal, HBO leads among networks and streaming services, hoarding 110 nominations today, up from 94 a year ago . The 2017 list of Emmy nominations was released on Thursday morning but social media users weren't entirely pleased.
Une pacotille pour le quintuple Ballon d'or, qui aurait perçu plus de 76 millions d'euros rien que pour la saison dernière. Selon les médias britanniques, une nuit à l'intérieur de ce havre de paix s'élèverait à plus de 5 500 €.
Alfred Angelo Bridal is closing many of its locations, including two in San Diego County due to reports of bankruptcy. The retailer was founded in 1933 by Alfred Angelo and his wife Edythe Piccione in Philadelphia.
New Nintendo 3DS Production Ends In Japan
It seems like Nintendo always announces the end of production for its hardware in the most obscure way possible. The New Nintendo 3DS and New Nintendo 3DS XL remain available outside of Japan.