ZipRecruiter, Inc. (NYSE:ZIP – Get Free Report) EVP Ryan Sakamoto sold 3,547 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $3.91, for a total value of $13,868.77. Following the transaction, the executive vice president owned 122,090 shares of the company’s stock, valued at $477,371.90. This represents a 2.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
ZipRecruiter Stock Performance
ZIP stock opened at $4.01 on Friday. The firm has a fifty day moving average price of $3.66 and a 200 day moving average price of $2.92. ZipRecruiter, Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $5.61. The firm has a market cap of $338.48 million, a PE ratio of -14.32 and a beta of 1.43.
ZipRecruiter (NYSE:ZIP – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.09. The business had revenue of $107.55 million during the quarter. On average, equities analysts predict that ZipRecruiter, Inc. will post -0.08 EPS for the current year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
ZIP has been the topic of several recent research reports. UBS Group upped their target price on shares of ZipRecruiter from $4.00 to $4.50 and gave the company a “neutral” rating in a research report on Wednesday, July 22nd. The Goldman Sachs Group lifted their price target on ZipRecruiter from $3.00 to $3.50 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Finally, Weiss Ratings upgraded ZipRecruiter from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, July 20th. Four research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $4.00.
Read Our Latest Stock Report on ZipRecruiter
ZipRecruiter Company Profile
ZipRecruiter, Inc operates an online employment marketplace that connects job seekers and employers. Its platform provides various solutions, such as job posting, online interviews, job alerts, match scores, and application updates. The company was incorporated in 2010 and is based in Santa Monica, California.
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