Insider Selling: Scott Darling Sells 3,000 Shares of Trulia Stock (TRLA)
Trulia (NASDAQ:TRLA) VP Scott Darling sold 3,000 shares of the company’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $47.33, for a total value of $141,990.00. Following the transaction, the vice president now directly owns 7,500 shares in the company, valued at approximately $354,975. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
TRLA has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Trulia from an “underperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $48.40 price target on the stock. Separately, analysts at Oppenheimer initiated coverage on shares of Trulia in a research note on Thursday, June 19th. They set a “market perform” rating on the stock. Finally, analysts at RBC Capital downgraded shares of Trulia from an “outperform” rating to a “sector perform” rating in a research note on Thursday, June 19th. They now have a $45.00 price target on the stock. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. Trulia presently has an average rating of “Hold” and a consensus price target of $39.82.
Shares of Trulia (NASDAQ:TRLA) traded down 0.50% on Wednesday, hitting $46.16. 872,743 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’s 50-day moving average is $40.60 and its 200-day moving average is $35.27. The company’s market cap is $1.704 billion.
Trulia (NASDAQ:TRLA) last posted its quarterly earnings results on Tuesday, April 29th. The company reported ($0.14) earnings per share for the quarter, missing the analysts’ 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 last year, the company posted ($0.02) earnings per share. Trulia’s revenue was up 127.1% compared to the same quarter last year. 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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