Key Points
- ZipRecruiter President David Travers sold 24,705 shares at an average price of $3.66, generating $90,420.30. The Rule 10b5-1 transaction reduced his ownership by 1.93%, leaving him with 1,252,219 shares.
- ZipRecruiter reported quarterly EPS of $0.53, beating the consensus estimate of a $0.06 loss, on revenue of $118.06 million. Analysts expect full-year EPS of $0.16.
- The stock has a consensus “Hold” rating and a $4.17 price target, while 70.55% of shares are held by hedge funds and other institutional investors.
ZipRecruiter, Inc. (NYSE:ZIP - Get Free Report) EVP Amy Garefis sold 7,837 shares of ZipRecruiter stock in a transaction on Monday, September 21st. The shares were sold at an average price of $3.80, for a total transaction of $29,780.60. Following the completion of the transaction, the executive vice president owned 210,603 shares in the company, valued at approximately $800,291.40. This trade represents a 3.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amy Garefis also recently made the following trade(s):
- On Thursday, August 20th, Amy Garefis sold 7,819 shares of ZipRecruiter stock. The stock was sold at an average price of $5.15, for a total transaction of $40,267.85.
- On Monday, July 20th, Amy Garefis sold 7,983 shares of ZipRecruiter stock. The stock was sold at an average price of $3.95, for a total transaction of $31,532.85.
ZipRecruiter Trading Down 4.3%
Shares of ZIP opened at $3.71 on Wednesday. The stock's 50 day moving average is $4.25 and its two-hundred day moving average is $3.46. ZipRecruiter, Inc. has a twelve month low of $1.65 and a twelve month high of $5.61. The firm has a market capitalization of $305.48 million, a PE ratio of 10.61 and a beta of 1.44.
ZipRecruiter (NYSE:ZIP - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.53 earnings per share for the quarter, beating analysts' consensus estimates of ($0.06) by $0.59. The business had revenue of $118.06 million during the quarter. On average, sell-side analysts predict that ZipRecruiter, Inc. will post 0.16 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC boosted its holdings in shares of ZipRecruiter by 3.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,920,900 shares of the company's stock valued at $3,534,000 after purchasing an additional 62,900 shares during the last quarter. UBS Group AG increased its holdings 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 buying an additional 428,232 shares during the last quarter. Varde Management L.P. raised its position in shares of ZipRecruiter by 6.9% in the 2nd quarter. Varde Management L.P. now owns 371,456 shares of the company's stock worth $1,393,000 after buying an additional 23,929 shares during the period. Hsbc Holdings PLC raised its position in shares of ZipRecruiter by 30.6% in the 4th quarter. Hsbc Holdings PLC now owns 208,392 shares of the company's stock worth $808,000 after buying an additional 48,881 shares during the period. Finally, Militia Capital Management LLC purchased a new position in shares of ZipRecruiter in the 1st quarter worth $399,000. Institutional investors and hedge funds own 70.55% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on ZIP shares. Wall Street Zen raised shares of ZipRecruiter from a "buy" rating to a "strong-buy" rating in a research note on Saturday. The Goldman Sachs Group upped their target price on ZipRecruiter from $3.50 to $5.00 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Weiss Ratings raised ZipRecruiter from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, August 26th. Finally, UBS Group upped their price objective on ZipRecruiter from $4.00 to $4.50 and gave the company a "neutral" rating in a research report on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $4.17.
Get Our Latest Report on ZIP
ZipRecruiter Company Profile
(
Get Free Report)
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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