Insider Selling: Peter Flint Sells 10,400 Shares of Trulia Stock (TRLA)
Trulia (NASDAQ:TRLA) CEO Peter Flint sold 10,400 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $41.60, for a total value of $432,640.00. Following the sale, the chief executive officer now directly owns 1,337,683 shares of the company’s stock, valued at approximately $55,647,613. The sale was disclosed in a legal filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on TRLA shares. Analysts at Macquarie initiated coverage on shares of Trulia in a research note on Tuesday, July 8th. They set an “outperform” rating on the stock. Separately, analysts at Zacks upgraded shares of Trulia from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 1st. They now have a $48.40 price target on the stock. Finally, 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. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. Trulia presently has a consensus rating of “Hold” and a consensus price target of $39.82.
Trulia (NASDAQ:TRLA) traded down 2.91% during mid-day trading on Tuesday, hitting $40.03. The stock had a trading volume of 1,092,919 shares. 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 $42.31 and its 200-day moving average is $35.83. The company’s market cap is $1.478 billion.
Trulia (NASDAQ:TRLA) last issued its quarterly earnings data 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. On average, analysts predict that Trulia will post $-0.35 earnings per share 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.
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.