Today it was reported that a Director at GrubHub (NYSE: GRUB), David Fisher, exercised options to sell 19,000 GRUB shares at $4.62 a share, for a total transaction value of $2.47M.
Following David Fisher’s last GRUB Sell transaction on November 03, 2017, the stock climbed by 67.7%. In addition to David Fisher, 2 other GRUB executives reported Sell trades in the last month.
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Based on GrubHub’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $240 million and quarterly net profit of $30.12 million. In comparison, last year the company earned revenue of $159 million and had a net profit of $14.75 million. GRUB’s market cap is $11.74B and the company has a P/E ratio of 91.49. Currently, GrubHub has an average volume of 999.3K.
Based on 16 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $136.69, reflecting a -5.6% downside.
The insider sentiment on GrubHub has been negative according to 235 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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GrubHub, Inc. operates as an online and mobile food-ordering company, which connects diners with local takeout restaurants. Its online and mobile ordering platforms allow diners and corporate businesses to order directly from takeout restaurants in the United States and London. The company’s brands include GrubHub, Seamless, MenuPages, and Allmenus.
