Insider Selling: STUB (NYSE:STUB) Insider Sells $1,489,810.08 in Stock

STUB (NYSE:STUB) insider Nayaab Islam sold 219,736 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $6.78, for a total transaction of $1,489,810.08. Following the sale, the insider directly owned 8,232,228 shares in the company, valued at $55,814,505.84. This represents a 2.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Nayaab Islam also recently made the following trade(s):

• 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 value of $589,774.78.
• 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 value of $39,228.00.
• On Monday, July 6th, Nayaab Islam sold 54,801 shares of STUB stock. The shares were sold at an average price of $13.03, for a total value of $714,057.03.
• On Wednesday, July 1st, Nayaab Islam sold 2,099 shares of STUB stock. The shares were sold at an average price of $13.00, for a total value of $27,287.00.
• On Tuesday, June 30th, Nayaab Islam sold 25,400 shares of STUB stock. The stock was sold at an average price of $13.03, for a total transaction 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 transaction of $16,900.00.
• On Friday, June 26th, Nayaab Islam sold 25,080 shares of STUB stock. The stock was sold at an average price of $12.05, for a total transaction 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 Up 0.3%

Shares of STUB opened at $6.57 on Friday. The business’s fifty day moving average price is $9.51 and its two-hundred day moving average price is $8.80. The firm has a market capitalization of $2.51 billion and a price-to-earnings ratio of -1.14. STUB has a 52 week low of $5.74 and a 52 week high of $27.89. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.04 and a current ratio of 1.04.

Hedge Funds Weigh In On STUB

Institutional investors have recently modified their holdings of the business. California State Teachers Retirement System acquired a new position in shares of STUB in the second quarter valued at approximately $509,000. Rose Capital Advisors LLC acquired a new stake in STUB in the second quarter valued at $183,000. Comprehensive Financial Management LLC increased its position in STUB by 13.6% during the second 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 last quarter. Stephens Group LLC raised its stake in STUB by 193.2% in 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 period. Finally, Bank of America Corp DE lifted its stake in shares of 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 last quarter.

Trending Headlines about STUB

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.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wall Street Zen lowered STUB from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Evercore set a $14.00 price objective on shares of STUB in a report on Thursday, August 13th. BMO Capital Markets cut shares of STUB from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 19th. Citigroup reaffirmed a “neutral” rating on shares of STUB in a report on Wednesday, July 15th. Finally, Sanford C. Bernstein upgraded shares of STUB to an “outperform” rating in a research report on Tuesday, May 19th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $10.83.

STUB Company Profile

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.