Key Points
- ZipRecruiter EVP Amy Garefis sold 7,879 shares at an average price of $4.56, generating $35,928.24. The transaction, made under a Rule 10b5-1 plan, reduced her holdings by 3.74% to 202,724 shares.
- ZipRecruiter shares opened at $4.53, with a 52-week range of $1.65 to $5.61. The company recently reported quarterly EPS of $0.53, well above analysts’ expectation of a $0.06 loss, on revenue of $118.06 million.
- Analysts maintain a consensus “Hold” rating with an average price target of $4.17, while institutional investors own 70.55% of the company’s stock.
ZipRecruiter, Inc. (NYSE:ZIP - Get Free Report) EVP Amy Garefis sold 7,879 shares of the company's stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $4.56, for a total transaction of $35,928.24. Following the transaction, the executive vice president owned 202,724 shares of the company's stock, valued at approximately $924,421.44. The trade was a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Monday, September 21st, Amy Garefis sold 7,837 shares of ZipRecruiter stock. The shares were sold at an average price of $3.80, for a total transaction of $29,780.60.
- 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.
ZipRecruiter Stock Performance
NYSE ZIP opened at $4.53 on Thursday. The company's fifty day moving average is $4.12 and its two-hundred day moving average is $3.70. 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 announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.53 EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.59. The company had revenue of $118.06 million for the quarter. Research analysts predict that ZipRecruiter, Inc. will post -0.26 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Caerus Investment Advisors LLC acquired a new stake in ZipRecruiter during the first quarter worth $25,000. AXQ Capital LP bought a new stake in ZipRecruiter in the 2nd quarter valued at $38,000. Militia Capital Management LLC bought a new stake in ZipRecruiter in the 1st quarter valued at $134,000. Sei Investments Co. bought a new stake in ZipRecruiter in the 1st quarter valued at $140,000. Finally, Public Employees Retirement System of Ohio bought a new stake in ZipRecruiter in the 2nd quarter valued at $241,000. 70.55% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. Wall Street Zen lowered ZipRecruiter from a "strong-buy" rating to a "buy" rating in a research note on Sunday, September 27th. UBS Group upped their price target on ZipRecruiter from $4.00 to $4.50 and gave the company a "neutral" rating in a report on Wednesday, July 22nd. The Goldman Sachs Group upped their price target on ZipRecruiter from $3.50 to $5.00 and gave the company a "neutral" rating in a report on Thursday, August 6th. Finally, Weiss Ratings upgraded ZipRecruiter from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, August 26th. Four analysts have rated the stock with a Hold rating. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $4.17.
Get Our Latest Research Report on ZipRecruiter
About ZipRecruiter
(
Get Free Report)
ZipRecruiter, Inc (NYSE: ZIP) operates an online employment marketplace that connects businesses with job seekers. Its platform enables employers to create and distribute job postings, reach candidates across a broad network of recruiting channels, and manage applications through digital tools.
The company's services are designed to support the hiring process from job advertising through candidate engagement. Features have included automated candidate matching, applicant invitations, resume search and related recruiting tools, while job seekers can search for available positions, create profiles and apply for jobs through the platform.
ZipRecruiter was founded in 2010 and initially focused on helping small and midsize businesses distribute job postings more efficiently.
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