ZipRecruiter, Inc. (NYSE:ZIP – Get Free Report) CEO Ian Siegel sold 34,978 shares of ZipRecruiter stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $3.67, for a total transaction of $128,369.26. Following the transaction, the chief executive officer owned 218,895 shares in the company, valued at approximately $803,344.65. The trade was a 13.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
ZipRecruiter Trading Down 4.3%
ZIP traded down $0.17 on Tuesday, hitting $3.71. 596,943 shares of the stock traded hands, compared to its average volume of 915,034. The business has a fifty day moving average price of $4.25 and a two-hundred day moving average price of $3.46. The firm has a market capitalization of $305.48 million, a PE ratio of 10.61 and a beta of 1.44. ZipRecruiter, Inc. has a 52 week low of $1.65 and a 52 week high of $5.61.
ZipRecruiter (NYSE:ZIP – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.59. The firm had revenue of $118.06 million for the quarter. On average, equities research analysts forecast that ZipRecruiter, Inc. will post 0.16 EPS for the current fiscal year.
Institutional Trading of ZipRecruiter
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on ZIP shares. Weiss Ratings upgraded shares of ZipRecruiter from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 26th. The Goldman Sachs Group upped their target price on ZipRecruiter from $3.50 to $5.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Wall Street Zen upgraded ZipRecruiter from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, UBS Group upped their price target on ZipRecruiter from $4.00 to $4.50 and gave the company a “neutral” rating in a research report on Wednesday, July 22nd. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $4.17.
Get Our Latest Stock Report on ZipRecruiter
ZipRecruiter Company Profile
ZipRecruiter, Inc operates an online employment marketplace that connects employers with job seekers. Its platform allows businesses of various sizes to create and distribute job postings, manage applicants and communicate with candidates, while helping job seekers search for employment opportunities and apply for positions.
The company uses technology and data-driven matching tools to recommend relevant candidates to employers and suitable job opportunities to job seekers. Its services are delivered primarily through its website and mobile applications, with tools designed to streamline recruiting, applicant management and hiring workflows.
ZipRecruiter was founded in 2010 by Ian Siegel, Joe Edmonds, Ward Poulos and Will Redd.
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