Insider Selling: Dan Levitan Sells 25,438 Shares of Zulily Stock (ZU)
Zulily (NYSE:ZU) Director Dan Levitan sold 25,438 shares of the company’s stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $29.17, for a total transaction of $742,026.46. Following the completion of the transaction, the director now directly owns 251,045 shares in the company, valued at approximately $7,322,983. 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 ZU. Analysts at Citigroup Inc. reiterated a “hold” rating on shares of Zulily in a research note on Wednesday, May 7th. They now have a $41.00 price target on the stock, down previously from $46.00. Separately, analysts at RBC Capital cut their price target on shares of Zulily from $50.00 to $45.00 in a research note on Wednesday, May 7th. They now have a “sector perform” rating on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Zulily in a research note on Tuesday, February 25th. They now have a $40.00 price target on the stock, down previously from $50.00. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $40.67.
Shares of Zulily (NYSE:ZU) traded down 0.54% during mid-day trading on Thursday, hitting $34.80. 1,454,762 shares of the company’s stock traded hands. Zulily has a 1-year low of $28.75 and a 1-year high of $73.50. The stock’s 50-day moving average is $45.01 and its 200-day moving average is $44.76. The company has a market cap of $4.320 billion and a price-to-earnings ratio of 2332.67.
Zulily (NYSE:ZU) last released its earnings data on Tuesday, May 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.03. The company had revenue of $237.90 million for the quarter, compared to the consensus estimate of $233.58 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The company’s revenue for the quarter was up 87.3% on a year-over-year basis. Analysts expect that Zulily will post $0.24 EPS for the current fiscal year.
Zulily, Inc is an e-commerce company. The Company, through its desktop and mobile Websites and mobile applications, which it refers to as its sites, helps its customers discover new and unique products.
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