Insider Selling: Trulia VP Sells 3,000 Shares of Stock (TRLA)
Trulia (NASDAQ:TRLA) VP Scott Darling sold 3,000 shares of Trulia stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $41.80, for a total transaction of $125,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on TRLA. Analysts at RBC Capital raised their price target on shares of Trulia from $50.00 to $54.00 in a research note to investors on Wednesday. They now have a “sector perform” rating on the stock. Separately, analysts at Needham & Company raised their price target on shares of Trulia from $48.00 to $54.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Trulia from $51.00 to $52.00 in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Two research analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. Trulia has a consensus rating of “Hold” and an average price target of $51.29.
Shares of Trulia (NASDAQ:TRLA) traded down 3.10% during mid-day trading on Friday, hitting $38.73. 1,347,182 shares of the company’s stock traded hands. Trulia has a one year low of $14.69 and a one year high of $50.14. The stock has a 50-day moving average of $45.86 and a 200-day moving average of $38.11. The company’s market cap is $1.260 billion.
Trulia (NASDAQ:TRLA) last announced its earnings results on Tuesday, October 29th. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.08 by $0.11. The company had revenue of $40.30 million for the quarter, compared to the consensus estimate of $35.87 million. During the same quarter in the previous year, the company posted ($0.10) earnings per share. The company’s revenue for the quarter was up 117.8% on a year-over-year basis. Analysts expect that Trulia will post $0.63 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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