Key Points
- Grab insider Chin Yin Ong sold 38,000 shares for $121,980, at an average price of $3.21.
- After the sale, Ong retained 3,556,611 shares, worth about $11.4 million; the transaction reduced his stake by 1.06% and was conducted under a pre-arranged Rule 10b5-1 plan.
- Grab’s latest reported quarterly results modestly topped estimates, with EPS of $0.06 versus a $0.05 consensus and revenue of $997 million versus about $995 million expected.
Grab Holdings Limited (NASDAQ:GRAB - Get Free Report) insider Chin Ong sold 38,000 shares of Grab stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $3.21, for a total value of $121,980.00. Following the completion of the sale, the insider owned 3,556,611 shares in the company, valued at approximately $11,416,721.31. The trade was a 1.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Chin Yin Ong also recently made the following trade(s):
- On Monday, October 5th, Chin Ong sold 38,000 shares of Grab stock. The stock was sold at an average price of $3.09, for a total value of $117,420.00.
- On Thursday, September 3rd, Chin Ong sold 38,000 shares of Grab stock. The shares were sold at an average price of $3.43, for a total value of $130,340.00.
Grab Stock Performance
NASDAQ GRAB opened at $3.48 on Friday. The company has a market cap of $14.26 billion, a PE ratio of 69.61, a price-to-earnings-growth ratio of 0.71 and a beta of 0.83. The stock's 50 day simple moving average is $3.07 and its 200-day simple moving average is $3.61. Grab Holdings Limited has a 1-year low of $2.67 and a 1-year high of $6.24. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.38 and a quick ratio of 1.51.
Grab (NASDAQ:GRAB - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. Grab had a return on equity of 8.45% and a net margin of 14.76%. The firm had revenue of $997.00 million for the quarter, compared to analyst estimates of $994.97 million. As a group, equities research analysts anticipate that Grab Holdings Limited will post 0.13 EPS for the current fiscal year.
Grab News Summary
Here are the key news stories impacting Grab this week:
- Positive Sentiment: Grab reported record Q3 results, with revenue up 27% and adjusted EBITDA up 73%; all three business segments were profitable for the first time. The company also announced a $400 million share buyback, while CEO Anthony Tan reportedly bought $30 million of stock. Article: Grab Holdings: Misunderstood And Mispriced
- Positive Sentiment: Management raised its 2026 revenue and EBITDA outlook, citing lending growth, improving delivery margins and AI-driven efficiencies—an encouraging signal for earnings momentum. Article: GRAB Q3 Earnings Call Highlights Raised Outlook and Lending Growth
- Positive Sentiment: JPMorgan raised its price target on Grab, adding to positive analyst sentiment following the results. Article: Grab Stock Gets Price Target Bump from JPMorgan
- Positive Sentiment: DBS said Grab’s Singapore and Malaysia businesses may be worth more than the company’s current share price, suggesting potential undervaluation. Article: Grab’s Singapore, Malaysia Businesses Worth More Than Share Price
- Negative Sentiment: Insider Chin Ong sold 38,000 shares, reducing his position by 1.06%. The sale was made under a pre-arranged Rule 10b5-1 plan, which may temper concerns about the transaction. SEC Form 4 filing
Analysts Set New Price Targets
A number of brokerages have weighed in on GRAB. Barclays decreased their price objective on Grab from $5.00 to $4.00 and set an "overweight" rating on the stock in a report on Monday, October 19th. Zacks Research raised shares of Grab from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 6th. KeyCorp set a $7.00 target price on shares of Grab in a research report on Wednesday, September 16th. Benchmark reissued a "buy" rating on shares of Grab in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. raised their price target on shares of Grab from $4.80 to $5.10 and gave the stock an "overweight" rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, Grab presently has an average rating of "Buy" and a consensus target price of $5.67.
Get Our Latest Report on GRAB
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in GRAB. Montag A & Associates Inc. acquired a new stake in shares of Grab in the first quarter valued at approximately $27,000. Fermata Advisors LLC purchased a new position in Grab during the third quarter worth approximately $31,000. MLP3 LLC acquired a new position in Grab during the third quarter worth $31,000. Strategic Global Advisors LLC acquired a new position in Grab during the second quarter worth $41,000. Finally, 71 West Capital Partners acquired a new position in Grab during the second quarter worth $43,000. 55.52% of the stock is currently owned by institutional investors and hedge funds.
Grab Company Profile
(
Get Free Report)
Grab Holdings Inc (NASDAQ:GRAB) is a technology company that operates a superapp serving consumers, drivers, merchants and businesses across Southeast Asia. The company began as a ride-hailing service in Malaysia in 2012 and is headquartered in Singapore.
Grab's platform provides mobility services, including ride-hailing, taxi bookings and other transportation options. It also offers food, grocery and package deliveries, connecting users with restaurants, retailers and delivery partners through its digital marketplace.
In addition, Grab provides digital financial services in selected markets, including payments, consumer and merchant lending, digital banking and insurance-related products.
See Also
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