ZipRecruiter, Inc. (NYSE:ZIP – Get Free Report) EVP Amy Garefis sold 9,113 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $3.62, for a total transaction of $32,989.06. Following the sale, the executive vice president owned 222,910 shares of the company’s stock, valued at $806,934.20. This represents a 3.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
ZipRecruiter Trading Up 0.2%
Shares of ZIP opened at $3.06 on Friday. The company’s 50-day moving average price is $3.16 and its 200 day moving average price is $3.06. ZipRecruiter, Inc. has a 12-month low of $1.65 and a 12-month high of $5.61. The firm has a market cap of $257.87 million, a P/E ratio of -10.91 and a beta of 1.49.
ZipRecruiter (NYSE:ZIP – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.09. The firm had revenue of $107.55 million for the quarter. Equities research analysts forecast that ZipRecruiter, Inc. will post -0.08 earnings per share for the current year.
Institutional Inflows and Outflows
Analyst Upgrades and Downgrades
ZIP has been the topic of a number of analyst reports. The Goldman Sachs Group raised their price target on ZipRecruiter from $3.00 to $3.50 and gave the company a “neutral” rating in a research note on Monday, May 11th. UBS Group increased their price objective on ZipRecruiter from $2.50 to $3.50 and gave the company a “neutral” rating in a report on Friday, May 8th. Barclays cut their target price on ZipRecruiter from $5.00 to $3.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Finally, Weiss Ratings started coverage on ZipRecruiter in a research note on Tuesday, April 7th. They set a “sell (e+)” rating for the company. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $3.75.
Get Our Latest Analysis on ZIP
About ZipRecruiter
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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