Key Points
- STUB insider Mark Streams sold 2,530 shares at an average price of $6.88, generating $17,406.40 and reducing his stake by 0.18% to approximately 1.39 million shares.
- Streams has made several recent sales, including 150,000 shares on August 24, while another insider, Nayaab Islam, sold roughly 305,709 shares worth $2.08 million across two August transactions.
- STUB opened at $6.57 and remains below its 50-day and 200-day moving averages. Analysts have a consensus Hold rating and an average price target of $10.83, compared with the stock’s 12-month range of $5.74 to $27.89.
STUB (NYSE:STUB - Get Free Report) insider Mark Streams sold 2,530 shares of the company's stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $6.88, for a total value of $17,406.40. Following the completion of the sale, the insider directly owned 1,391,516 shares in the company, valued at approximately $9,573,630.08. The trade was a 0.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Mark Streams also recently made the following trade(s):
- On Tuesday, August 25th, Mark Streams sold 10,176 shares of STUB stock. The stock was sold at an average price of $6.84, for a total value of $69,603.84.
- On Monday, August 24th, Mark Streams sold 150,000 shares of STUB stock. The stock was sold at an average price of $6.76, for a total value of $1,014,000.00.
- On Friday, August 21st, Mark Streams sold 6,500 shares of STUB stock. The shares were sold at an average price of $6.93, for a total value of $45,045.00.
- On Tuesday, July 7th, Mark Streams sold 400 shares of STUB stock. The shares were sold at an average price of $14.01, for a total value of $5,604.00.
- On Monday, July 6th, Mark Streams sold 28,531 shares of STUB stock. The shares were sold at an average price of $13.02, for a total value of $371,473.62.
- On Wednesday, July 1st, Mark Streams sold 3,002 shares of STUB stock. The stock was sold at an average price of $13.00, for a total value of $39,026.00.
- On Tuesday, June 30th, Mark Streams sold 18,167 shares of STUB stock. The stock was sold at an average price of $13.03, for a total value of $236,716.01.
- On Monday, June 29th, Mark Streams sold 300 shares of STUB stock. The shares were sold at an average price of $13.00, for a total transaction of $3,900.00.
STUB Price Performance
NYSE:STUB opened at $6.57 on Friday. The firm has a market cap of $2.51 billion and a price-to-earnings ratio of -1.14. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.86. The company's 50-day moving average is $9.51 and its two-hundred day moving average is $8.80. STUB has a 12-month low of $5.74 and a 12-month high of $27.89.
More STUB News
Here are the key news stories impacting STUB this week:
- Negative Sentiment: Executive Vice Chairman and Chief Legal Officer Mark Streams sold 2,530 shares for approximately $17,406 at an average price of $6.88. The sale reduced his ownership by 0.18%. Top StubHub Executive Quietly Cashes Out in Notable Stock Sale
- Negative Sentiment: Insider Nayaab Islam sold 85,973 shares for roughly $589,775 at $6.86 per share. Combined with a 219,736-share sale on August 25, Islam has sold 305,709 shares worth about $2.08 million in two recent transactions, reducing the position by approximately 3.6%. Insider Selling: STUB Insider Sells 85,973 Shares
- Neutral Sentiment: Despite the selling, Islam still owned 8.15 million shares and Streams retained approximately 1.39 million shares after their respective transactions. Insider sales can reflect diversification or personal liquidity needs rather than a definitive view of future business performance.
- Neutral Sentiment: Analyst opinions remain mixed: five analysts rate STUB a Buy, seven rate it Hold and two rate it Sell. The consensus rating is Hold, with an average price target of $10.83, while recent targets include $11 from Oppenheimer and Mizuho and $14 from Evercore. The stock is trading well below those targets but remains below its 50-day and 200-day moving averages, signaling continued technical weakness.
Analysts Set New Price Targets
STUB has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of STUB from a "buy" rating to a "hold" rating in a research note on Saturday, August 15th. JPMorgan Chase & Co. lifted their target price on shares of STUB from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Thursday, May 14th. Oppenheimer cut their price target on STUB from $12.00 to $11.00 and set an "outperform" rating for the company in a report on Thursday, August 13th. Craig Hallum lowered STUB from a "hold" rating to a "hold" rating in a research note on Tuesday, May 19th. Finally, Evercore set a $14.00 price objective on STUB in a report on Thursday, August 13th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $10.83.
Read Our Latest Research Report on STUB
Institutional Trading of STUB
Several hedge funds and other institutional investors have recently added to or reduced their stakes in STUB. Stephens Group LLC lifted its holdings 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 worth $13,158,000 after acquiring an additional 673,715 shares during the period. Morling Financial Advisors LLC purchased a new stake in STUB in the first quarter valued at approximately $868,000. Pine Ridge Advisers LLC acquired a new position in STUB during the first quarter worth approximately $4,117,000. Thrive Capital Management LLC acquired a new position in STUB during the third quarter worth approximately $1,158,000. Finally, Galaxy Digital Inc. purchased a new position in STUB during the first quarter worth approximately $2,070,000.
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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