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Trulia (NASDAQ:TRLA) CEO Peter Flint sold 10,400 shares of the company’s stock on the open market in a transaction dated Monday, June 2nd. The stock was sold at an average price of $38.39, for a total value of $399,256.00. Following the completion of the sale, the chief executive officer now directly owns 1,390,091 shares of the company’s stock, valued at approximately $53,365,593. The sale was disclosed in a filing with the SEC, which can be accessed through 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 Tuesday, May 20th. They now have a $33.40 price target on the stock. Separately, analysts at TheStreet downgraded shares of Trulia from a “hold” rating to a “sell” rating in a research note on Wednesday, May 14th. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Trulia in a research note on Wednesday, April 30th. They now have a $41.00 price target on the stock, down previously from $44.00. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $40.64.

Trulia (NASDAQ:TRLA) traded down 2.96% on Tuesday, hitting $38.04. The stock had a trading volume of 977,358 shares. Trulia has a 52-week low of $26.35 and a 52-week high of $52.71. The stock has a 50-day moving average of $34.03 and a 200-day moving average of $33.73. The company’s market cap is $1.405 billion.

Trulia (NASDAQ:TRLA) last released its earnings data on Tuesday, April 29th. The company reported ($0.14) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.12) by $0.02. The company had revenue of $54.50 million for the quarter, compared to the consensus estimate of $53.46 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. The company’s quarterly revenue was up 127.1% on a year-over-year basis. Analysts expect that Trulia will post $-0.36 EPS 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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