Insider Selling: Peter Flint Sells 10,400 Shares of Trulia Stock (TRLA)
Trulia (NASDAQ:TRLA) CEO Peter Flint sold 10,400 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $45.72, for a total transaction of $475,488.00. Following the sale, the chief executive officer now directly owns 1,558,759 shares of the company’s stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on TRLA shares. Analysts at Deutsche Bank raised their price target on shares of Trulia (NASDAQ:TRLA) from $47.00 to $50.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at Zacks upgraded shares of Trulia (NASDAQ:TRLA) from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, September 3rd. They now have a $42.50 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. raised their price target on shares of Trulia (NASDAQ:TRLA) to $51.00 in a research note to investors on Wednesday, August 21st.
One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. Trulia currently has an average rating of “Buy” and a consensus target price of $48.50.
Shares of Trulia (NASDAQ:TRLA) traded down 1.60% on Tuesday, hitting $45.60. 614,894 shares of the company’s stock traded hands. Trulia has a 52 week low of $14.69 and a 52 week high of $48.40. The stock’s 50-day moving average is $42.12 and its 200-day moving average is $33.84. The company’s market cap is $1.483 billion.
Trulia (NASDAQ:TRLA) last released its earnings data on Wednesday, July 31st. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.01. The company had revenue of $29.70 million for the quarter, compared to the consensus estimate of $27.69 million. The company’s revenue for the quarter was up 76.6% on a year-over-year basis. Analysts expect that Trulia will post $0.21 EPS for the current fiscal year.
Trulia, Inc is a real estate search engine company. The Company offers free and subscription products that provide real estate professionals with access to transaction-ready consumers and help them enhance their online presence.
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