Key Points
- Insider sale: Scott Michael Fitzgerald sold 1,613 shares of STUB at an average price of $7.57, totaling about $12,210. After the transaction, he still owned 93,445 shares, and the sale cut his holdings by 1.7%.
- Recent earnings beat: STUB reported quarterly EPS of $0.06, topping expectations of a $0.01 loss. Revenue came in at $446.05 million, up 12.2% from the same quarter last year.
- Mixed Wall Street view: Analysts currently have a consensus Hold rating on STUB with an average price target of $10.46. Ratings are split, with one Buy, six Hold, and one Sell.
STUB (NYSE:STUB - Get Free Report) insider Scott Michael Fitzgerald sold 1,613 shares of the business's stock in a transaction on Monday, May 11th. The shares were sold at an average price of $7.57, for a total transaction of $12,210.41. Following the sale, the insider directly owned 93,445 shares in the company, valued at $707,378.65. This trade represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Scott Michael Fitzgerald also recently made the following trade(s):
- On Monday, April 13th, Scott Michael Fitzgerald sold 1,619 shares of STUB stock. The shares were sold at an average price of $6.50, for a total transaction of $10,523.50.
- On Wednesday, March 11th, Scott Michael Fitzgerald sold 28,387 shares of STUB stock. The shares were sold at an average price of $7.66, for a total transaction of $217,444.42.
STUB Stock Performance
NYSE:STUB opened at $7.52 on Thursday. STUB has a one year low of $5.74 and a one year high of $27.89. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.03 and a current ratio of 1.04. The stock has a market capitalization of $2.68 billion and a price-to-earnings ratio of -11.39. The firm has a fifty day simple moving average of $7.20.
STUB (NYSE:STUB - Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.07. The business had revenue of $446.05 million during the quarter. The business's revenue for the quarter was up 12.2% compared to the same quarter last year. As a group, equities research analysts predict that STUB will post 0.34 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. WestCap Management LLC acquired a new position in shares of STUB during the 4th quarter worth about $429,370,000. PointState Capital LP raised its position in shares of STUB by 19.9% during the 4th quarter. PointState Capital LP now owns 24,823,335 shares of the company's stock worth $335,860,000 after purchasing an additional 4,117,332 shares during the last quarter. Capital Research Global Investors acquired a new position in shares of STUB during the 4th quarter worth about $106,887,000. Index Venture Associates III Ltd acquired a new position in shares of STUB during the 4th quarter worth about $85,192,000. Finally, Capital International Investors acquired a new position in shares of STUB during the 4th quarter worth about $55,235,000.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. Oppenheimer decreased their price objective on shares of STUB from $20.00 to $12.00 and set an "outperform" rating for the company in a research report on Thursday, March 5th. Craig Hallum assumed coverage on shares of STUB in a research report on Thursday, January 29th. They issued a "hold" rating and a $12.00 price objective for the company. Weiss Ratings assumed coverage on shares of STUB in a research report on Wednesday, January 14th. They issued a "sell (d-)" rating for the company. Citigroup upgraded shares of STUB from a "sell" rating to a "neutral" rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen upgraded shares of STUB from a "sell" rating to a "hold" rating in a research report on Saturday, March 7th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, STUB presently has a consensus rating of "Hold" and an average target price of $10.46.
Get Our Latest Stock Analysis on STUB
STUB Company Profile
(
Get Free Report)
Stubhub Holdings Inc, through its subsidiaries, provides an online marketplace to buy and sell tickets for sports, concerts, theater, festivals and other live events. Stubhub Holdings Inc is based in NEW YORK.
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