Trulia Director Unloads $195,866 in Stock (TRLA)
Trulia (NASDAQ:TRLA) Director Sami Inkinen sold 5,800 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $33.77, for a total value of $195,866.00. Following the completion of the sale, the director now directly owns 873,953 shares in the company, valued at approximately $29,513,393. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Trulia (NASDAQ:TRLA) traded down 0.17% during mid-day trading on Thursday, hitting $35.21. The stock had a trading volume of 941,540 shares. Trulia has a one year low of $16.50 and a one year high of $52.71. The stock’s 50-day moving average is $33.78 and its 200-day moving average is $39.19. The company’s market cap is $1.313 billion.
Trulia (NASDAQ:TRLA) last posted its quarterly 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 last year, the company posted ($0.10) earnings per share. Trulia’s revenue was up 117.8% compared to the same quarter last year. On average, analysts predict that Trulia will post $0.63 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on TRLA shares. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Trulia in a research note to investors on Friday, December 13th. They now have a $55.00 price target on the stock. Separately, analysts at Goldman Sachs Group Inc. downgraded shares of Trulia from a “buy” rating to a “neutral” rating in a research note to investors on Monday, December 2nd. Finally, analysts at Zacks upgraded shares of Trulia from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, November 20th. They now have a $38.60 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $50.60.
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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