Key Points
- CAO John Pierantoni sold 14,819 Grab shares on March 20 at an average price of $3.61 for total proceeds of $53,496.59, leaving him with 569,376 shares (a 2.54% reduction).
- Grab beat EPS estimates with $0.04 vs. $0.01 but missed revenue expectations ($906M vs. $942M) in its Feb. 11 quarter; the stock trades around $3.7 with a 12‑month range of $3.36–$6.62.
- Institutional investors own 55.52% of Grab, with notable position increases from firms like Goldman Sachs, and analysts have an average rating of Buy with a consensus target of $6.47.
Grab Holdings Limited (NASDAQ:GRAB - Get Free Report) CAO John Pierantoni sold 14,819 shares of Grab stock in a transaction on Friday, March 20th. The shares were sold at an average price of $3.61, for a total transaction of $53,496.59. Following the sale, the chief accounting officer directly owned 569,376 shares of the company's stock, valued at $2,055,447.36. This trade represents a 2.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Grab Trading Down 1.6%
Grab stock opened at $3.73 on Thursday. Grab Holdings Limited has a 12 month low of $3.36 and a 12 month high of $6.62. The company has a quick ratio of 1.73, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a market cap of $15.28 billion, a P/E ratio of 124.37, a P/E/G ratio of 0.85 and a beta of 0.93. The company's fifty day simple moving average is $4.16 and its 200-day simple moving average is $5.06.
Grab (NASDAQ:GRAB - Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.03. The business had revenue of $906.00 million during the quarter, compared to analyst estimates of $942.08 million. Grab had a return on equity of 4.09% and a net margin of 7.92%. As a group, sell-side analysts forecast that Grab Holdings Limited will post 0.05 EPS for the current fiscal year.
Institutional Trading of Grab
Several large investors have recently made changes to their positions in GRAB. Integrated Wealth Concepts LLC increased its holdings in shares of Grab by 201.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 35,386 shares of the company's stock valued at $160,000 after acquiring an additional 23,639 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Grab by 6.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,231,195 shares of the company's stock worth $41,817,000 after purchasing an additional 529,433 shares during the last quarter. Empowered Funds LLC lifted its holdings in Grab by 6.2% in the 1st quarter. Empowered Funds LLC now owns 52,698 shares of the company's stock worth $239,000 after purchasing an additional 3,090 shares during the last quarter. Focus Partners Wealth bought a new stake in Grab during the first quarter worth approximately $63,000. Finally, ProShare Advisors LLC grew its holdings in Grab by 67.4% during the second quarter. ProShare Advisors LLC now owns 25,816 shares of the company's stock valued at $130,000 after purchasing an additional 10,395 shares during the last quarter. Institutional investors own 55.52% of the company's stock.
Analyst Upgrades and Downgrades
GRAB has been the subject of several research reports. HSBC upgraded Grab from a "hold" rating to a "buy" rating and set a $6.20 price target for the company in a report on Friday, January 16th. Benchmark restated a "buy" rating on shares of Grab in a report on Thursday, February 12th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $5.80 price objective on shares of Grab in a research report on Monday, January 26th. Wall Street Zen raised shares of Grab from a "sell" rating to a "hold" rating in a research report on Friday, January 23rd. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Grab in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, Grab has an average rating of "Buy" and a consensus target price of $6.47.
Read Our Latest Report on GRAB
Grab Company Profile
(
Get Free Report)
Grab Holdings Inc is a Singapore-based technology company that operates a consumer-facing "super app" across Southeast Asia offering services spanning ride-hailing, food and package delivery, and digital payments. Its platform connects consumers, drivers, merchants and delivery partners through mobile applications and supports on-demand mobility (taxi and private car), last-mile logistics, and on-demand food delivery under brands such as GrabFood and GrabExpress. The company has also developed a merchant-facing ecosystem that supports ordering, payment acceptance and loyalty functions.
Beyond transportation and delivery, Grab has expanded into financial services through Grab Financial Group, which provides digital payments via GrabPay, consumer lending, insurance distribution and small-business financial solutions.
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