STUB (NYSE:STUB – Get Free Report) CFO Constance James sold 116,644 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $7.06, for a total transaction of $823,506.64. Following the completion of the transaction, the chief financial officer directly owned 349,934 shares in the company, valued at approximately $2,470,534.04. This represents a 25.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
STUB Stock Down 1.9%
Shares of STUB stock traded down $0.13 on Thursday, hitting $6.81. The stock had a trading volume of 6,029,818 shares, compared to its average volume of 6,578,466. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.04 and a quick ratio of 1.04. STUB has a twelve month low of $5.74 and a twelve month high of $27.89. The business’s 50 day moving average is $10.09 and its two-hundred day moving average is $8.97.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the stock. Evercore set a $14.00 target price on shares of STUB in a research report on Thursday, August 13th. Morgan Stanley lifted their price target on STUB from $8.75 to $10.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 10th. UBS Group set a $7.50 price target on STUB in a report on Thursday, August 13th. Citigroup reaffirmed a “neutral” rating on shares of STUB in a research note on Wednesday, July 15th. Finally, BMO Capital Markets cut STUB from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 19th. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $10.73.
Institutional Investors Weigh In On STUB
Institutional investors have recently added to or reduced their stakes in the business. WestCap Management LLC acquired a new position in shares of STUB during the fourth quarter worth $429,370,000. PointState Capital LP raised its position in 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 STUB during the 4th quarter worth about $106,887,000. Index Venture Associates III Ltd bought a new stake in shares of STUB in the 4th quarter valued at about $85,192,000. Finally, Capital International Investors bought a new stake in shares of STUB in the 4th quarter valued at about $55,235,000.
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.
Further Reading
- Five stocks we like better than STUB
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Receive News & Ratings for STUB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STUB and related companies with MarketBeat.com's FREE daily email newsletter.
