Insider Trading March 12, 2026

StubHub Accounting Chief Sells $217K in Stock as Shares Trade Near 52-Week Low

Principal Accounting Officer offloads 28,387 Class A shares amid recent earnings miss and analyst downgrades

By Sofia Navarro STUB
StubHub Accounting Chief Sells $217K in Stock as Shares Trade Near 52-Week Low
STUB

Scott Michael Fitzgerald, Principal Accounting Officer at StubHub Holdings Inc (NASDAQ: STUB), sold 28,387 shares of Class A common stock on March 11, 2026, for roughly $217,546. The sale, executed under a Rule 10b5-1 plan, occurred as the stock traded close to its 52-week low and followed disappointing fourth-quarter results and several analyst adjustments.

Key Points

  • Principal Accounting Officer Scott Michael Fitzgerald sold 28,387 Class A shares on March 11, 2026 for about $217,546, executed under a Rule 10b5-1 plan.
  • StubHub reported Q4 revenue of $449 million and an EPS loss of -1.56, missing consensus estimates and prompting analyst price-target reductions and rating changes.
  • The stock has experienced steep declines recently, trading near a 52-week low and down 64% over six months, with InvestingPro analysis indicating shares trade below Fair Value.

StubHub Holdings Inc (NASDAQ:STUB) disclosed that Principal Accounting Officer Scott Michael Fitzgerald sold 28,387 shares of the company’s Class A common stock on March 11, 2026. The transaction generated approximately $217,546, with shares sold at prices between $7.37 and $8.09, a range that includes the stock’s 52-week low of $7.37.

The sale was reported in a Form 4 filing with the Securities and Exchange Commission. After the disposition, Fitzgerald directly holds 77,961 shares of StubHub Holdings.

In a related payroll-tax transaction, the company withheld 1,900 shares on March 10, 2026 to satisfy tax obligations. Those withheld shares were valued at $15,067 based on a price of $7.93 per share.

The disposition was carried out under a Rule 10b5-1 trading plan that Fitzgerald adopted on December 10, 2025. The sale took place against a backdrop of recent share-price weakness: the stock has fallen 11% over the past week and 64% over the last six months.

Separately, InvestingPro analysis is cited as indicating that the stock is trading below Fair Value, implying it may be undervalued according to that service. The company’s Pro Research Report is noted as available for deeper analysis on a wide universe of US equities.


StubHub’s recent financial results and subsequent market reaction provide context for the timing of the insider sale. For the fourth quarter, StubHub reported revenue of $449 million, below the consensus expectation of $485 million. The company recorded an earnings per share loss of -1.56, which missed the forecasted -0.03 and represented a substantial deviation from expectations. Adjusted EBITDA for the quarter was $63 million, a figure that exceeded some analyst expectations.

Following the earnings release, several firms updated their views of StubHub. BMO Capital lowered its price target from $22 to $15, citing disappointing revenue and gross merchandise sales. Wedbush downgraded the stock to Neutral from Outperform, pointing to concerns about the company’s direct issuance business and regulatory risks. Guggenheim maintained a Neutral rating with a $9.00 price target, noting the revenue shortfall. Citizens reiterated a Market Perform rating and highlighted strategic adjustments in the company’s Direct Issuance and advertising roll-out.

These analyst moves and the company’s reported results illustrate the challenges StubHub is managing as it navigates current market conditions and makes strategic shifts in its business operations.


Key details

  • Sale date: March 11, 2026.
  • Shares sold: 28,387 Class A common shares.
  • Proceeds: Approximately $217,546; sale prices ranged from $7.37 to $8.09.
  • Post-sale direct ownership for Fitzgerald: 77,961 shares.
  • Withheld for taxes: 1,900 shares on March 10, 2026, valued at $15,067 at $7.93 per share.
  • Trading plan adoption date: December 10, 2025.

Risks

  • Weak quarterly revenue and a significant EPS miss raise execution and demand risks for the company - impacting the consumer discretionary and ticketing sectors.
  • Analyst downgrades and lowered price targets reflect increased market skepticism and potential valuation risk for equity investors.
  • Concerns around the company’s direct issuance business and regulatory risks introduce operational and compliance uncertainty that could affect future results.

More from Insider Trading

Baskett Forest Increases Stake in Korro Bio with $2.3 Million Purchase Mar 12, 2026 Antero Midstream Director Disposes 5,000 Shares as Stock Near 52-Week High Mar 12, 2026 Significant Insider Purchase at Korro Bio: 10% Owner Buys $2.3 Million in Stock Ahead of Earnings Mar 12, 2026 Korro Bio Investor Adds $2.3M in Common Stock as Company Secures New Financing and Analyst Upgrades Mar 12, 2026 Sera Prognostics CIO Disposes Small Stake as Company Advances PreTRM Data and Wins Coverage Mar 12, 2026