Key Points
- STUB CFO Constance James sold 116,644 shares at an average price of $7.06, generating approximately $823,507. Following the transaction, she retained 349,934 shares, a 25% reduction in her position.
- STUB shares opened at $6.81 and have traded between $5.74 and $27.89 over the past year. The company has a $2.56 billion market capitalization and a negative P/E ratio of -1.19.
- Analysts maintain a consensus “Hold” rating, with an average price target of $10.73, while several major institutional investors recently established or increased positions in STUB.
STUB (NYSE:STUB - Get Free Report) insider Scott Michael Fitzgerald sold 84,970 shares of the firm's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $7.08, for a total transaction of $601,587.60. Following the transaction, the insider directly owned 110,383 shares of the company's stock, valued at $781,511.64. The trade was a 43.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Scott Michael Fitzgerald also recently made the following trade(s):
- On Thursday, June 11th, Scott Michael Fitzgerald sold 867 shares of STUB stock. The stock was sold at an average price of $10.33, for a total transaction of $8,956.11.
STUB Stock Down 1.9%
Shares of STUB stock opened at $6.81 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.86. STUB has a 52-week low of $5.74 and a 52-week high of $27.89. The company has a market cap of $2.56 billion and a P/E ratio of -1.19. The firm's 50 day moving average price is $10.09 and its 200-day moving average price is $8.97.
Wall Street Analyst Weigh In
STUB has been the topic of several research analyst reports. Wall Street Zen downgraded STUB from a "buy" rating to a "hold" rating in a report on Saturday, August 15th. Weiss Ratings raised STUB from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Tuesday, July 7th. UBS Group set a $7.50 target price on shares of STUB in a research note on Thursday, August 13th. HSBC raised shares of STUB to a "buy" rating in a research note on Tuesday, May 19th. Finally, Oppenheimer decreased their price target on STUB from $12.00 to $11.00 and set an "outperform" rating for the company in a research note on Thursday, August 13th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $10.73.
View Our Latest Research Report on STUB
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Comprehensive Financial Management LLC lifted its position in shares of STUB by 13.6% during the 2nd quarter. Comprehensive Financial Management LLC now owns 390,543 shares of the company's stock worth $5,026,000 after buying an additional 46,808 shares during the period. Stephens Group LLC raised its position in shares of STUB by 193.2% during the 2nd quarter. Stephens Group LLC now owns 1,022,413 shares of the company's stock valued at $13,158,000 after acquiring an additional 673,715 shares during the last quarter. Bank of America Corp DE raised its holdings in STUB by 396.1% during the 1st quarter. Bank of America Corp DE now owns 572,790 shares of the company's stock worth $3,574,000 after buying an additional 457,321 shares during the period. Pine Ridge Advisers LLC bought a new position in STUB in the first quarter valued at approximately $4,117,000. Finally, Royal Bank of Canada lifted its position in STUB by 194.4% in the 1st quarter. Royal Bank of Canada now owns 6,382 shares of the company's stock valued at $39,000 after acquiring an additional 4,214 shares in the last quarter.
About STUB
(
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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