Trulia VP Sells $648,809 in Stock (TRLA)
Trulia (NASDAQ:TRLA) VP Scott Darling sold 13,241 shares of Trulia stock on the open market in a transaction dated Thursday, July 24th. The stock was sold at an average price of $49.00, for a total transaction of $648,809.00. Following the completion of the transaction, the vice president now directly owns 7,500 shares of the company’s stock, valued at approximately $367,500. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on TRLA. Analysts at William Blair downgraded shares of Trulia from an “outperform” rating to a “market perform” rating in a research note on Monday. Separately, analysts at Susquehanna raised their price target on shares of Trulia from $37.00 to $54.00 in a research note on Monday. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Trulia in a research note on Thursday, July 17th. They now have a $45.00 price target on the stock, up previously from $38.00. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. Trulia currently has a consensus rating of “Hold” and an average price target of $42.27.
Trulia (NASDAQ:TRLA) traded up 15.42% during mid-day trading on Monday, hitting $65.04. 15,682,872 shares of the company’s stock traded hands. Trulia has a one year low of $26.35 and a one year high of $67.50. The stock has a 50-day moving average of $44.12 and a 200-day moving average of $36.48. The company’s market cap is $2.402 billion.
Trulia (NASDAQ:TRLA) last announced its earnings results 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. 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.
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