Monday, July 31, 2017 10:15 PM ET
GrubHub (GRUB) Insider Makes Significant Share Sale
One insider — Matthew M Maloney, Director and Officer — today, sold 36,928 shares of GrubHub having a market value of approximately $1,765,483, as indicated in a form 4 document filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 197,464 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 234,392 shares and have averaged 39,065 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at GrubHub is higher than the 11-company peer group average. Mobile Application Software peer group saw 23 buy/sell trades during this period for an average of 2.1 transactions per company. The number of shares per buy/sell trade for GrubHub insiders was also higher. Within the peer group there were 187,500 shares purchased and 524,734 shares sold with company insiders selling 14,662 shares on average.
In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data obtained to evaluate and write this story.
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