Trulia Director Gregory Waldorf Sells 2,839 Shares (TRLA)
Trulia (NASDAQ:TRLA) Director Gregory Waldorf sold 2,839 shares of Trulia stock on the open market in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $57.39, for a total value of $162,930.21. Following the completion of the transaction, the director now directly owns 8,936 shares of the company’s stock, valued at approximately $512,837. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of Trulia (NASDAQ:TRLA) traded up 0.07% during mid-day trading on Monday, hitting $59.18. 71,936 shares of the company’s stock traded hands. Trulia has a 1-year low of $26.35 and a 1-year high of $67.50. The stock has a 50-day moving average of $50.43 and a 200-day moving average of $38.67. The company’s market cap is $2.208 billion.
Trulia (NASDAQ:TRLA) last announced its earnings results on Thursday, July 31st. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the 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 in the prior year, the company posted $0.05 earnings per share. The company’s quarterly revenue was up 115.8% on a year-over-year basis. On average, analysts predict that Trulia will post $-0.28 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on TRLA shares. 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 analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $52.82.
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.
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