Universal Beteiligungs und Servicegesellschaft mbH Invests $1.04 Million in STUB $STUB

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in STUB (NYSE:STUB) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 75,000 shares of the company’s stock, valued at approximately $1,044,000.

Separately, CWM LLC lifted its position in shares of STUB by 56,638.1% in the fourth quarter. CWM LLC now owns 276,882 shares of the company’s stock worth $3,746,000 after purchasing an additional 276,394 shares in the last quarter.

Insider Buying and Selling

In other STUB news, insider Scott Michael Fitzgerald sold 28,387 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $7.66, for a total transaction of $217,444.42. Following the transaction, the insider owned 77,961 shares in the company, valued at $597,181.26. This trade represents a 26.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

STUB Stock Performance

NYSE:STUB opened at $7.64 on Monday. The stock has a 50 day moving average price of $7.47. STUB has a 52 week low of $5.74 and a 52 week high of $27.89. The firm has a market capitalization of $2.72 billion and a P/E ratio of -11.57. The company has a quick ratio of 1.03, a current ratio of 1.04 and a debt-to-equity ratio of 1.27.

STUB (NYSE:STUB) last released its quarterly earnings data on Wednesday, March 4th. The company reported ($1.56) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($1.55). The company had revenue of $449.17 million during the quarter. The firm’s revenue for the quarter was down 15.8% on a year-over-year basis. As a group, sell-side analysts forecast that STUB will post 0.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on STUB shares. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $10.00 price target (down from $22.00) on shares of STUB in a research report on Thursday, March 5th. Weiss Ratings initiated coverage on STUB in a report on Wednesday, January 14th. They issued a “sell (d-)” rating on the stock. Wedbush restated a “neutral” rating and issued a $10.00 price objective (down from $18.00) on shares of STUB in a report on Thursday, March 5th. Wall Street Zen upgraded STUB from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Craig Hallum initiated coverage on STUB in a report on Thursday, January 29th. They issued a “hold” rating and a $12.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, STUB currently has a consensus rating of “Hold” and an average target price of $10.39.

STUB 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.