ZipRecruiter (NYSE:ZIP) EVP Amy Garefis Sells 7,819 Shares

ZipRecruiter, Inc. (NYSE:ZIP) EVP Amy Garefis sold 7,819 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $5.15, for a total value of $40,267.85. Following the sale, the executive vice president directly owned 207,108 shares in the company, valued at $1,066,606.20. The trade was a 3.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amy Garefis also recently made the following trade(s):

• On Monday, July 20th, Amy Garefis sold 7,983 shares of ZipRecruiter stock. The shares were sold at an average price of $3.95, for a total transaction of $31,532.85.
• On Monday, June 15th, Amy Garefis sold 9,113 shares of ZipRecruiter stock. The shares were sold at an average price of $3.62, for a total value of $32,989.06.

ZipRecruiter Trading Down 17.8%

NYSE ZIP opened at $4.25 on Friday. ZipRecruiter, Inc. has a 12 month low of $1.65 and a 12 month high of $5.61. The company’s 50-day moving average price is $4.08 and its 200-day moving average price is $3.14. The stock has a market cap of $349.48 million, a PE ratio of 12.14 and a beta of 1.42.

ZipRecruiter (NYSE:ZIP) last issued its 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 firm had revenue of $118.06 million for the quarter. As a group, sell-side analysts forecast that ZipRecruiter, Inc. will post 0.16 earnings per share for the current year.

Institutional Trading of ZipRecruiter

Large investors have recently added to or reduced their stakes in the company. Disciplined Growth Investors Inc. MN lifted its stake in shares of ZipRecruiter by 178.0% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 4,508,331 shares of the company’s stock valued at $22,587,000 after purchasing an additional 2,886,725 shares during the period. Renaissance Technologies LLC raised its position in shares of ZipRecruiter by 3.4% in the first quarter. Renaissance Technologies LLC now owns 1,920,900 shares of the company’s stock worth $3,534,000 after acquiring an additional 62,900 shares during the period. Millennium Management LLC boosted its stake in shares of ZipRecruiter by 99.0% during the 3rd quarter. Millennium Management LLC now owns 1,496,767 shares of the company’s stock worth $6,316,000 after acquiring an additional 744,805 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in shares of ZipRecruiter by 2.8% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 1,441,616 shares of the company’s stock worth $5,622,000 after acquiring an additional 38,918 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of ZipRecruiter by 5.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 803,229 shares of the company’s stock valued at $3,133,000 after acquiring an additional 38,351 shares during the period. Hedge funds and other institutional investors own 70.55% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on ZIP shares. The Goldman Sachs Group lifted their price objective on shares of ZipRecruiter from $3.50 to $5.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. 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. Weiss Ratings upgraded ZipRecruiter from a “sell (d-)” rating to a “sell (d+)” rating in a report on Thursday, August 6th. Finally, Wall Street Zen raised ZipRecruiter from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $4.17.

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.