Trulia Director Sells $990,075 in Stock (TRLA)
Trulia (NASDAQ:TRLA) Director Gregory Waldorf unloaded 32,250 shares of Trulia stock on the open market in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $30.70, for a total value of $990,075.00. Following the sale, the director now directly owns 13,926 shares of the company’s stock, valued at approximately $427,528. The sale was disclosed in a filing with the SEC, which is available at this link.
A number of research firms have recently commented on TRLA. Analysts at Zacks downgraded shares of Trulia from a “neutral” rating to an “underperform” rating in a research note on Thursday. They now have a $29.20 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Trulia in a research note on Friday, February 14th. They now have a $43.00 price target on the stock, down previously from $55.00. Finally, analysts at Telsey Advisory Group cut their price target on shares of Trulia from $50.00 to $40.00 in a research note on Friday, February 14th. They now have a “not rated” rating on the stock. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $45.37.
Shares of Trulia (NASDAQ:TRLA) traded up 0.75% on Thursday, hitting $30.96. The stock had a trading volume of 2,075,490 shares. Trulia has a 52 week low of $23.08 and a 52 week high of $52.71. The stock has a 50-day moving average of $35.33 and a 200-day moving average of $39.44. The company’s market cap is $1.154 billion.
Trulia (NASDAQ:TRLA) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.03 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.07 by $0.04. The company had revenue of $49.70 million for the quarter, compared to the consensus estimate of $49.39 million. During the same quarter last year, the company posted ($0.03) earnings per share. Trulia’s revenue was up 141.4% compared to the same quarter last year. On average, analysts predict that Trulia will post $-0.45 earnings per share 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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