Militia Capital Management LLC Buys Shares of 217,072 ZipRecruiter, Inc. $ZIP

Militia Capital Management LLC purchased a new stake in shares of ZipRecruiter, Inc. (NYSE:ZIP) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 217,072 shares of the company’s stock, valued at approximately $399,000. Militia Capital Management LLC owned 0.26% of ZipRecruiter as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the company. Caerus Investment Advisors LLC acquired a new stake in shares of ZipRecruiter in the 1st quarter worth about $25,000. Readystate Asset Management LP acquired a new position in ZipRecruiter during the 1st quarter valued at about $347,000. Renaissance Technologies LLC boosted its stake in ZipRecruiter by 3.4% during 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 period. Sei Investments Co. bought a new position in ZipRecruiter in the 1st quarter worth about $140,000. Finally, Hsbc Holdings PLC increased its stake in shares of ZipRecruiter by 30.6% in the fourth quarter. Hsbc Holdings PLC now owns 208,392 shares of the company’s stock valued at $808,000 after purchasing an additional 48,881 shares during the period. Institutional investors own 70.55% of the company’s stock.

Insider Buying and Selling

In other ZipRecruiter news, CEO Ian H. Siegel sold 34,978 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $3.00, for a total value of $104,934.00. Following the completion of the sale, the chief executive officer directly owned 108,423 shares of the company’s stock, valued at approximately $325,269. This represents a 24.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Amy Garefis sold 9,113 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $3.62, for a total transaction of $32,989.06. Following the transaction, the executive vice president owned 222,910 shares of the company’s stock, valued at approximately $806,934.20. This trade represents a 3.93% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold a total of 125,107 shares of company stock valued at $414,911 over the last three months. Company insiders own 19.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ZIP shares. UBS Group lifted 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 increased their price objective on ZipRecruiter from $3.00 to $3.50 and gave the stock a “neutral” rating in a report on Monday, May 11th. Finally, Weiss Ratings upgraded ZipRecruiter from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, July 20th. Four analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, ZipRecruiter has an average rating of “Reduce” and a consensus price target of $4.00.

ZipRecruiter Stock Performance

Shares of NYSE ZIP opened at $4.22 on Tuesday. The stock has a fifty day moving average price of $3.69 and a two-hundred day moving average price of $2.94. The firm has a market cap of $356.38 million, a P/E ratio of -15.08 and a beta of 1.42. ZipRecruiter, Inc. has a 1 year low of $1.65 and a 1 year high of $5.61.

ZipRecruiter (NYSE:ZIP) last posted its quarterly earnings data 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 during the quarter. On average, research analysts predict that ZipRecruiter, Inc. will post -0.08 earnings per share for the current fiscal year.

ZipRecruiter 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.