ZipRecruiter (NYSE:ZIP) EVP Amy Garefis Sells 7,983 Shares

ZipRecruiter, Inc. (NYSE:ZIP) EVP Amy Garefis sold 7,983 shares of the business’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $3.95, for a total value of $31,532.85. Following the completion of the sale, the executive vice president owned 214,927 shares of the company’s stock, valued at $848,961.65. This trade represents a 3.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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, June 15th, Amy Garefis sold 9,113 shares of ZipRecruiter stock. The stock was sold at an average price of $3.62, for a total value of $32,989.06.

ZipRecruiter Price Performance

Shares of ZIP opened at $4.26 on Wednesday. The stock has a market capitalization of $360.01 million, a PE ratio of -15.23 and a beta of 1.43. The business’s fifty day moving average price is $3.62 and its 200 day moving average price is $2.91. ZipRecruiter, Inc. has a 12-month low of $1.65 and a 12-month high of $5.61.

ZipRecruiter (NYSE:ZIP) last released its earnings results on Thursday, May 7th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.09. The business had revenue of $107.55 million for the quarter. As a group, research analysts anticipate that ZipRecruiter, Inc. will post -0.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ZIP shares. UBS Group increased their price objective on shares of ZipRecruiter from $4.00 to $4.50 and gave the stock a “neutral” rating in a research note on Wednesday, July 22nd. Weiss Ratings upgraded ZipRecruiter from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, July 20th. Finally, The Goldman Sachs Group upped their target price on ZipRecruiter from $3.00 to $3.50 and gave the company a “neutral” rating in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, ZipRecruiter presently has an average rating of “Reduce” and an average price target of $4.00.

Hedge Funds Weigh In On ZipRecruiter

Several hedge funds and other institutional investors have recently modified their holdings of ZIP. Caerus Investment Advisors LLC bought a new position in shares of ZipRecruiter during the first quarter worth about $25,000. Evoke Wealth LLC bought a new stake in ZipRecruiter in the 4th quarter valued at about $40,000. nVerses Capital LLC bought a new stake in ZipRecruiter in the 4th quarter valued at about $41,000. Quarry LP acquired a new position in ZipRecruiter during the 3rd quarter valued at about $42,000. Finally, Kemnay Advisory Services Inc. acquired a new position in ZipRecruiter during the 4th quarter valued at about $43,000. Institutional investors and hedge funds own 70.55% of the company’s stock.

ZipRecruiter Company Profile

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.