Chin Yin Ong Sells 38,000 Shares of Grab (NASDAQ:GRAB) Stock

Grab Holdings Limited (NASDAQ:GRAB) insider Chin Yin Ong sold 38,000 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $3.59, for a total transaction of $136,420.00. Following the sale, the insider directly owned 3,822,988 shares of the company’s stock, valued at approximately $13,724,526.92. This trade represents a 0.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chin Yin Ong also recently made the following trade(s):

• On Thursday, April 2nd, Chin Yin Ong sold 38,000 shares of Grab stock. The stock was sold at an average price of $3.62, for a total transaction of $137,560.00.

Grab Stock Up 0.5%

Shares of Grab stock opened at $3.79 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.73 and a debt-to-equity ratio of 0.06. The company has a fifty day moving average price of $3.84 and a 200 day moving average price of $4.60. The stock has a market cap of $15.53 billion, a price-to-earnings ratio of 379.38, a price-to-earnings-growth ratio of 1.82 and a beta of 0.93. Grab Holdings Limited has a twelve month low of $3.48 and a twelve month high of $6.62.

Grab (NASDAQ:GRAB) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.03). The firm had revenue of $955.00 million during the quarter, compared to analysts’ expectations of $921.71 million. Grab had a net margin of 10.67% and a return on equity of 5.79%. Equities research analysts forecast that Grab Holdings Limited will post 0.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on GRAB. Weiss Ratings raised shares of Grab from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. Sanford C. Bernstein reissued an “outperform” rating and issued a $5.80 price objective on shares of Grab in a research report on Monday, January 26th. Zacks Research cut shares of Grab from a “hold” rating to a “strong sell” rating in a research report on Monday. HSBC raised shares of Grab from a “hold” rating to a “buy” rating and set a $6.20 price objective for the company in a research report on Friday, January 16th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Grab from $5.90 to $5.80 and set an “overweight” rating for the company in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $6.19.

Trending Headlines about Grab

Here are the key news stories impacting Grab this week:

• Positive Sentiment: China Renaissance upgraded GRAB from “hold” to “buy” with a $5.00 target, providing near?term buy?side momentum and framing upside versus current levels. Read More.
• Positive Sentiment: Q1 results showed revenue beat driven by On?Demand and Financial Services growth — supports the narrative that revenue strength can help improve profitability over time even though EPS missed. Read More.
• Positive Sentiment: Analyst/commentary pieces highlighting buybacks and long?term value?unlock potential are supporting investor optimism and helping stem near?term volatility. Read More.
• Neutral Sentiment: JPMorgan trimmed its price target slightly to $5.80 but maintained a constructive rating — a modest moderation rather than a bearish shift, which keeps some institutional support intact. Read More.
• Neutral Sentiment: An insider (Chin Yin Ong) sold 38,000 shares under a pre?arranged Rule 10b5?1 plan; the sale reduces ownership marginally and was planned in advance, limiting governance concerns. Read More.
• Negative Sentiment: Zacks Research downgraded GRAB from “hold” to “strong sell,” creating headline risk that can pressure retail flows and automated screeners. Read More.
• Negative Sentiment: Mizuho lowered its expectations/price target, trimming some of the upside cited by investors and adding to mixed analyst signals about near?term valuation. Read More.

Institutional Investors Weigh In On Grab

A number of institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its stake in shares of Grab by 15.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 13,565 shares of the company’s stock valued at $82,000 after purchasing an additional 1,768 shares in the last quarter. Savant Capital LLC raised its stake in shares of Grab by 19.3% in the 3rd quarter. Savant Capital LLC now owns 12,093 shares of the company’s stock valued at $73,000 after purchasing an additional 1,957 shares in the last quarter. Miracle Mile Advisors LLC raised its stake in shares of Grab by 6.4% in the 3rd quarter. Miracle Mile Advisors LLC now owns 33,290 shares of the company’s stock valued at $200,000 after purchasing an additional 2,007 shares in the last quarter. Pitcairn Co. raised its stake in shares of Grab by 11.0% in the 2nd quarter. Pitcairn Co. now owns 20,964 shares of the company’s stock valued at $105,000 after purchasing an additional 2,080 shares in the last quarter. Finally, Adalta Capital Management LLC raised its stake in shares of Grab by 2.2% in the 3rd quarter. Adalta Capital Management LLC now owns 100,880 shares of the company’s stock valued at $607,000 after purchasing an additional 2,200 shares in the last quarter. Institutional investors and hedge funds own 55.52% of the company’s stock.

Grab Company Profile

Grab Holdings Inc is a Singapore-based technology company that operates a consumer-facing “super app” across Southeast Asia offering services spanning ride-hailing, food and package delivery, and digital payments. Its platform connects consumers, drivers, merchants and delivery partners through mobile applications and supports on-demand mobility (taxi and private car), last-mile logistics, and on-demand food delivery under brands such as GrabFood and GrabExpress. The company has also developed a merchant-facing ecosystem that supports ordering, payment acceptance and loyalty functions.

Beyond transportation and delivery, Grab has expanded into financial services through Grab Financial Group, which provides digital payments via GrabPay, consumer lending, insurance distribution and small-business financial solutions.