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GM Advisory Group LLC Takes Position in Grab Holdings Limited $GRAB

Grab logo with Computer and Technology background

Key Points

  • GM Advisory Group LLC has invested approximately $1.65 million in Grab Holdings Limited, acquiring 363,460 shares during the first quarter.
  • Grab Holdings reported revenue of $819 million for the last quarter, surpassing the consensus estimate of $809.41 million, with earnings per share meeting expectations at $0.01.
  • The company has a market cap of $20.34 billion and its stock has experienced a twelve month low of $3.17 and a high of $5.72.
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GM Advisory Group LLC acquired a new stake in shares of Grab Holdings Limited (NASDAQ:GRAB - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 363,460 shares of the company's stock, valued at approximately $1,646,000.

Other large investors also recently bought and sold shares of the company. Garde Capital Inc. purchased a new stake in shares of Grab in the 1st quarter valued at approximately $29,000. Summit Securities Group LLC boosted its position in shares of Grab by 63.6% during the 1st quarter. Summit Securities Group LLC now owns 8,229 shares of the company's stock worth $37,000 after purchasing an additional 3,199 shares during the period. J2 Capital Management Inc purchased a new position in shares of Grab during the 1st quarter worth approximately $45,000. Proficio Capital Partners LLC acquired a new stake in Grab during the 1st quarter worth approximately $45,000. Finally, Intelligence Driven Advisers LLC acquired a new stake in Grab during the 1st quarter worth approximately $48,000. Hedge funds and other institutional investors own 55.52% of the company's stock.

Grab Stock Up 2.4%

Grab stock traded up $0.12 during mid-day trading on Friday, reaching $5.13. 24,206,111 shares of the company's stock were exchanged, compared to its average volume of 30,935,648. The company has a market cap of $20.66 billion, a P/E ratio of 128.28 and a beta of 0.84. Grab Holdings Limited has a twelve month low of $3.17 and a twelve month high of $5.72. The company has a quick ratio of 1.87, a current ratio of 1.88 and a debt-to-equity ratio of 0.04. The company has a fifty day moving average of $4.99 and a 200-day moving average of $4.77.

Grab (NASDAQ:GRAB - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.01. The company had revenue of $819.00 million for the quarter, compared to analyst estimates of $809.41 million. Grab had a net margin of 3.65% and a return on equity of 1.75%. Grab has set its FY 2025 guidance at EPS. Sell-side analysts expect that Grab Holdings Limited will post 0.05 EPS for the current year.

Grab Company Profile

(Free Report)

Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings.

See Also

Institutional Ownership by Quarter for Grab (NASDAQ:GRAB)

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