Insider Selling: Trulia Director Unloads 5,800 Shares of Stock (TRLA)
Trulia (NASDAQ:TRLA) Director Sami Inkinen sold 5,800 shares of Trulia stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $34.40, for a total value of $199,520.00. Following the transaction, the director now directly owns 839,503 shares in the company, valued at approximately $28,878,903. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Trulia in a research note to investors on Wednesday, January 8th. They now have a $55.00 price target on the stock. Separately, analysts at RBC Capital upgraded shares of Trulia from a “sector perform” rating to an “outperform” rating in a research note to investors on Friday, January 3rd. They now have a $54.00 price target on the stock. One investment 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. The stock has an average rating of “Buy” and an average price target of $50.60.
Trulia (NASDAQ:TRLA) traded up 4.27% on Tuesday, hitting $35.44. The stock had a trading volume of 1,260,939 shares. Trulia has a 52 week low of $23.08 and a 52 week high of $52.71. The stock’s 50-day moving average is $34.88 and its 200-day moving average is $39.95. The company’s market cap is $1.322 billion.
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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