Trulia Director Sami Inkinen Sells 35,800 Shares (TRLA)
Trulia (NASDAQ:TRLA) Director Sami Inkinen sold 35,800 shares of Trulia stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $40.98, for a total value of $1,467,084.00. Following the sale, the director now directly owns 670,552 shares of the company’s stock, valued at approximately $27,479,221. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Trulia (NASDAQ:TRLA) traded up 2.89% during mid-day trading on Friday, hitting $42.40. 1,730,788 shares of the company’s stock traded hands. 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 $35.50 and a 200-day moving average of $33.90. The company’s market cap is $1.566 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.
Several analysts have recently commented on the stock. Analysts at Needham & Company LLC reiterated a “positive” rating on shares of Trulia in a research note on Thursday, June 5th. Separately, 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. Finally, analysts at TheStreet downgraded shares of Trulia from a “hold” rating to a “sell” rating in a research note on Wednesday, May 14th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $39.16.
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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