ZipRecruiter, Inc. (NYSE:ZIP – Get Free Report) CEO Ian Siegel sold 9,722 shares of the stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $3.95, for a total transaction of $38,401.90. Following the transaction, the chief executive officer owned 79,257 shares in the company, valued at approximately $313,065.15. This represents a 10.93% 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 Stock Down 0.4%
ZipRecruiter stock opened at $3.92 on Thursday. The business has a fifty day moving average of $3.44 and a two-hundred day moving average of $2.91. The firm has a market cap of $330.47 million, a P/E ratio of -13.98 and a beta of 1.43. ZipRecruiter, Inc. has a twelve month low of $1.65 and a twelve month high of $5.61.
ZipRecruiter (NYSE:ZIP – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.09. The company had revenue of $107.55 million for the quarter. Equities analysts expect that ZipRecruiter, Inc. will post -0.08 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on ZipRecruiter
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Disciplined Growth Investors Inc. MN grew its position in ZipRecruiter by 178.0% during the second quarter. Disciplined Growth Investors Inc. MN now owns 4,508,331 shares of the company’s stock valued at $22,587,000 after buying an additional 2,886,725 shares during the period. Millennium Management LLC lifted its holdings in ZipRecruiter by 99.0% in the third quarter. Millennium Management LLC now owns 1,496,767 shares of the company’s stock valued at $6,316,000 after acquiring an additional 744,805 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its position in ZipRecruiter by 63.1% in the third quarter. Jacobs Levy Equity Management Inc. now owns 1,402,698 shares of the company’s stock worth $5,919,000 after acquiring an additional 542,795 shares during the period. Tudor Investment Corp ET AL increased its stake in ZipRecruiter by 544.7% during the fourth quarter. Tudor Investment Corp ET AL now owns 513,353 shares of the company’s stock worth $2,002,000 after acquiring an additional 433,727 shares during the last quarter. Finally, UBS Group AG increased its position in shares of ZipRecruiter by 197.4% during the 4th quarter. UBS Group AG now owns 645,157 shares of the company’s stock worth $2,516,000 after purchasing an additional 428,232 shares during the last quarter. Hedge funds and other institutional investors own 70.55% of the company’s stock.
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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