Mark Streams Sells 10,176 Shares of STUB (NYSE:STUB) Stock

STUB (NYSE:STUB) insider Mark Streams sold 10,176 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $6.84, for a total transaction of $69,603.84. Following the transaction, the insider owned 1,394,046 shares of the company’s stock, valued at $9,535,274.64. This represents a 0.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Mark Streams also recently made the following trade(s):

• On Monday, August 24th, Mark Streams sold 150,000 shares of STUB stock. The shares were sold at an average price of $6.76, for a total transaction of $1,014,000.00.
• On Friday, August 21st, Mark Streams sold 6,500 shares of STUB stock. The stock was sold at an average price of $6.93, for a total transaction 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 transaction 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 transaction of $371,473.62.
• On Wednesday, July 1st, Mark Streams sold 3,002 shares of STUB stock. The shares were sold at an average price of $13.00, for a total transaction 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 stock was sold at an average price of $13.00, for a total value of $3,900.00.

STUB Price Performance

STUB stock opened at $6.56 on Thursday. The firm has a market capitalization of $2.51 billion and a P/E ratio of -1.14. 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 0.86, a current ratio of 1.04 and a quick ratio of 1.04. The business has a fifty day moving average price of $9.71 and a 200-day moving average price of $8.84.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Wall Street Zen downgraded STUB from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Bank of America reissued an “underperform” rating and issued a $7.50 price target (down from $11.00) on shares of STUB in a report on Thursday, August 13th. Oppenheimer cut their price objective on shares of STUB from $12.00 to $11.00 and set an “outperform” rating for the company in a research report on Thursday, August 13th. Guggenheim decreased their target price on shares of STUB from $12.50 to $11.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Finally, Sanford C. Bernstein upgraded shares of STUB to an “outperform” rating in a research report on Tuesday, May 19th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $10.83.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in STUB in the fourth quarter valued at approximately $1,044,000. Garner Asset Management Corp purchased a new position in STUB in the 4th quarter worth approximately $92,000. International Assets Investment Management LLC purchased a new position in STUB in the 4th quarter worth approximately $149,000. Baader Bank Aktiengesellschaft bought a new position in shares of STUB in the 4th quarter worth $1,015,000. Finally, Cornerstone Wealth Management LLC increased its holdings in shares of 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 during the last quarter.

About STUB

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.