Trulia Director Unloads $162,930 in Stock (TRLA)
Trulia (NASDAQ:TRLA) Director Gregory Waldorf unloaded 2,839 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $57.39, for a total transaction of $162,930.21. Following the completion of the transaction, the director now directly owns 8,936 shares in the company, valued at approximately $512,837. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on TRLA. Analysts at Macquarie raised their price target on shares of Trulia from $56.00 to $70.00 in a research note on Tuesday, August 5th. They now have an “outperform” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Trulia from $45.00 to $64.00 in a research note on Friday, August 1st. Finally, analysts at Deutsche Bank cut their price target on shares of Trulia from $71.00 to $64.00 in a research note on Friday, August 1st. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $52.82.
Shares of Trulia (NASDAQ:TRLA) traded down 1.01% on Thursday, hitting $56.76. The stock had a trading volume of 459,456 shares. Trulia has a 52-week low of $26.35 and a 52-week high of $67.50. The stock has a 50-day moving average of $50.03 and a 200-day moving average of $38.49. The company’s market cap is $2.118 billion.
Trulia (NASDAQ:TRLA) last released its earnings data on Thursday, July 31st. The company reported ($0.11) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.16) by $0.05. The company had revenue of $64.10 million for the quarter, compared to the consensus estimate of $62.32 million. During the same quarter last year, the company posted $0.05 earnings per share. Trulia’s revenue was up 115.8% compared to the same quarter last year. Analysts expect that Trulia will post $-0.28 EPS for the current fiscal year.
Trulia, Inc is a real estate search engine company. The Company also offers a suite of free and subscription products that provide real estate professionals with access to transaction-ready consumers and help them to grow and manage their online presence.
Receive News & Ratings for Trulia Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trulia Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.