Key Points
- Insider Nayaab Islam sold 110,409 STUB shares at an average price of $6.66, generating $735,324; the sale reduced the insider’s position by 1.36%, though they still own about 8.04 million shares.
- STUB opened at $6.61 and remains well below its 50-day and 200-day moving averages of $8.98 and $8.69, respectively. The stock has traded between $5.74 and $27.89 over the past year.
- Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $10.83; institutional investors have also made notable purchases, including Stephens Group’s 193.2% stake increase.
STUB (NYSE:STUB - Get Free Report) insider Nayaab Islam sold 24,554 shares of the firm's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $6.69, for a total transaction of $164,266.26. Following the transaction, the insider owned 8,011,292 shares of the company's stock, valued at approximately $53,595,543.48. This trade represents a 0.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Nayaab Islam also recently made the following trade(s):
- On Thursday, September 3rd, Nayaab Islam sold 110,409 shares of STUB stock. The stock was sold at an average price of $6.66, for a total transaction of $735,323.94.
- On Wednesday, August 26th, Nayaab Islam sold 85,973 shares of STUB stock. The stock was sold at an average price of $6.86, for a total transaction of $589,774.78.
- On Tuesday, August 25th, Nayaab Islam sold 219,736 shares of STUB stock. The shares were sold at an average price of $6.78, for a total transaction of $1,489,810.08.
- On Tuesday, July 7th, Nayaab Islam sold 2,800 shares of STUB stock. The stock was sold at an average price of $14.01, for a total transaction of $39,228.00.
- On Monday, July 6th, Nayaab Islam sold 54,801 shares of STUB stock. The stock was sold at an average price of $13.03, for a total transaction of $714,057.03.
- On Wednesday, July 1st, Nayaab Islam sold 2,099 shares of STUB stock. The stock was sold at an average price of $13.00, for a total transaction of $27,287.00.
- On Tuesday, June 30th, Nayaab Islam sold 25,400 shares of STUB stock. The shares were sold at an average price of $13.03, for a total value of $330,962.00.
- On Monday, June 29th, Nayaab Islam sold 1,300 shares of STUB stock. The shares were sold at an average price of $13.00, for a total value of $16,900.00.
- On Friday, June 26th, Nayaab Islam sold 25,080 shares of STUB stock. The shares were sold at an average price of $12.05, for a total value of $302,214.00.
- On Monday, June 15th, Nayaab Islam sold 16,720 shares of STUB stock. The stock was sold at an average price of $11.37, for a total value of $190,106.40.
STUB Stock Performance
Shares of NYSE STUB opened at $6.61 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. The stock has a market capitalization of $2.53 billion and a price-to-earnings ratio of -1.15. The stock's fifty day simple moving average is $8.98 and its 200 day simple moving average is $8.69. STUB has a 52-week low of $5.74 and a 52-week high of $27.89.
Analysts Set New Price Targets
STUB has been the topic of a number of analyst reports. Weiss Ratings raised STUB from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Tuesday, July 7th. Morgan Stanley upped their price objective on shares of STUB from $8.75 to $10.00 and gave the company an "equal weight" rating in a research note on Wednesday, June 10th. Craig Hallum cut shares of STUB from a "hold" rating to a "hold" rating in a report on Tuesday, May 19th. Evercore set a $14.00 target price on shares of STUB in a research report on Thursday, August 13th. Finally, TD Cowen cut their price target on shares of STUB from $16.00 to $12.00 and set a "buy" rating on the stock in a report on Friday, August 21st. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $10.83.
Read Our Latest Stock Analysis on STUB
Institutional Trading of STUB
Several hedge funds and other institutional investors have recently modified their holdings of STUB. Royal Bank of Canada grew its stake in STUB by 194.4% during 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. Ardmore Road Asset Management LP increased its stake in STUB by 25.0% in the 4th quarter. Ardmore Road Asset Management LP now owns 25,000 shares of the company's stock valued at $338,000 after buying an additional 5,000 shares during the period. Pittenger & Anderson Inc. purchased a new stake in STUB in the 1st quarter worth approximately $34,000. Cornerstone Wealth Management LLC lifted its position in STUB by 20.0% in the 4th quarter. Cornerstone Wealth Management LLC now owns 36,440 shares of the company's stock worth $493,000 after buying an additional 6,070 shares in the last quarter. Finally, Garner Asset Management Corp acquired a new stake in shares of STUB during the 4th quarter valued at $92,000.
Key STUB News
Here are the key news stories impacting STUB this week:
- Positive Sentiment: Analysts maintain a consensus “Hold” rating with an average price target of $10.83, well above recent trading levels. Five analysts rate the stock a Buy, although seven recommend Hold and two recommend Sell. STUB analyst and market data
- Positive Sentiment: Several institutional investors increased their positions, including Stephens Group, which boosted its stake by 193.2%, and Bank of America, which increased its holdings by 396.1%. New positions were also reported by Pine Ridge Advisers and other investors. STUB institutional and insider trading report
- Neutral Sentiment: A FormPros announcement about instant pay-stub generation does not appear to concern StubHub Holdings or provide a direct operational update for STUB investors. FormPros pay-stub generation announcement
- Negative Sentiment: Insiders sold a combined 300,503 STUB shares in transactions dated September 2–4, generating approximately $1.95 million in proceeds. Nayaab Islam sold 134,963 shares, while Mark Streams sold 165,540 shares. Although both insiders retain significant holdings, repeated sales can weigh on sentiment and suggest limited near-term insider conviction. STUB insider sales report
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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