Zulily Insider Lori Twomey Sells 50,000 Shares (ZU)
Zulily (NYSE:ZU) Insider Lori Twomey sold 50,000 shares of the company’s stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $40.07, for a total value of $2,003,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Zulily (NYSE:ZU) traded down 3.97% on Friday, hitting $38.70. The stock had a trading volume of 1,421,193 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 $35.70 and a 200-day moving average of $43.89. The company has a market cap of $4.805 billion and a price-to-earnings ratio of 2686.67.
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.
A number of analysts have recently weighed in on ZU shares. Analysts at RBC Capital upgraded shares of Zulily from a “sector perform” rating to an “outperform” rating in a research note on Thursday. They now have a $50.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Goldman Sachs upgraded shares of Zulily from a “neutral” rating to a “buy” rating in a research note on Wednesday. Finally, 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. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $44.00.
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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