Zulily Director Sells $898,500 in Stock (ZU)
Zulily (NYSE:ZU) Director Michael J. Potter unloaded 25,000 shares of Zulily stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $35.94, for a total value of $898,500.00. Following the completion of the sale, the director now directly owns 25,000 shares in the company, valued at approximately $898,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Zulily (NYSE:ZU) traded up 1.99% on Friday, hitting $36.85. 557,701 shares of the company’s stock traded hands. Zulily has a 52 week low of $28.75 and a 52 week high of $73.50. The stock has a 50-day moving average of $42.12 and a 200-day moving average of $44.31. The company has a market cap of $4.575 billion and a price-to-earnings ratio of 2408.67.
Zulily (NYSE:ZU) last released its earnings data on Tuesday, May 6th. The company reported ($0.02) earnings per share for the quarter, missing the analysts’ 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 last year, the company posted ($0.03) earnings per share. Zulily’s revenue was up 87.3% compared to the same quarter last year. Analysts expect that Zulily will post $0.24 EPS for the current fiscal year.
ZU has been the subject of a number of recent research reports. 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 investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $40.67.
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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