Insider Selling: Zulily CFO Sells 6,400 Shares of Stock (ZU)
Zulily (NYSE:ZU) CFO Marc D. Stolzman sold 6,400 shares of the stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $38.67, for a total transaction of $247,488.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Zulily (NYSE:ZU) traded down 1.55% during mid-day trading on Wednesday, hitting $38.20. The stock had a trading volume of 826,497 shares. 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 $36.54 and a 200-day moving average of $43.84. The company has a market cap of $4.743 billion and a price-to-earnings ratio of 2586.67.
Zulily (NYSE:ZU) last released its earnings data on Tuesday, May 6th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted ($0.03) earnings per share. The company’s quarterly revenue was up 87.3% on a year-over-year basis. Analysts expect that Zulily will post $0.17 EPS for the current fiscal year.
ZU has been the subject of a number of recent research reports. Analysts at CRT Capital initiated coverage on shares of Zulily in a research note on Friday, June 13th. They set a “fair value” rating and a $41.00 price target on the stock. Separately, 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. Finally, 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. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $40.75.
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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