Trulia VP Unloads $115,470 in Stock (TRLA)
Trulia (NASDAQ:TRLA) VP Scott Darling unloaded 3,000 shares of Trulia stock on the open market in a transaction dated Monday, June 2nd. The stock was sold at an average price of $38.49, for a total value of $115,470.00. Following the completion of the transaction, the vice president now directly owns 7,500 shares of the company’s stock, valued at approximately $288,675. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Trulia (NASDAQ:TRLA) traded down 2.96% during mid-day trading on Tuesday, hitting $38.04. 977,358 shares of the company’s stock traded hands. Trulia has a one year low of $26.35 and a one year high of $52.71. The stock’s 50-day moving average is $34.03 and its 200-day moving average is $33.73. The company’s market cap is $1.405 billion.
Trulia (NASDAQ:TRLA) last posted its quarterly earnings results 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. On average, analysts predict that Trulia will post $-0.36 earnings per share 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 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 analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $40.64.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.