Trulia Director Unloads $650,103 in Stock (TRLA)
Trulia (NASDAQ:TRLA) Director Gregory Waldorf unloaded 21,176 shares of Trulia stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $30.70, for a total transaction of $650,103.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Trulia (NASDAQ:TRLA) opened at 30.73 on Monday. Trulia has a 1-year low of $23.08 and a 1-year high of $52.71. The stock has a 50-day moving average of $35.07 and a 200-day moving average of $39.27. The company’s market cap is $1.145 billion.
Trulia (NASDAQ:TRLA) last announced its earnings results on Thursday, February 13th. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted ($0.03) earnings per share. The company’s quarterly revenue was up 141.4% on a year-over-year basis. Analysts expect that Trulia will post $-0.45 EPS for the current fiscal year.
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 research analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $45.37.
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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