ZipRecruiter Inc (ZIP) President David Travers Sells 59,564 Shares
David Travers, President of ZipRecruiter Inc (NYSE:ZIP), executed a sale of 59,564 shares in the company on March 21, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $11.69 per share, resulting in a total value of $696,522.16.
ZipRecruiter Inc, an online employment marketplace, connects millions of job seekers with companies of all sizes. The platform uses AI-driven smart matching technology to effectively pair job seekers with relevant opportunities.
Over the past year, the insider has sold a total of 95,584 shares of ZipRecruiter Inc and has not made any purchases of the stock. The company's insider transaction history over the last year indicates a total of 44 insider sells and no insider buys.
On the day of the insider's recent sale, shares of ZipRecruiter Inc were trading at $11.69, giving the company a market capitalization of $1.194 billion. The price-earnings ratio of the company stands at 25.66, which is above the industry median of 17.69 but below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 0.79, with a GF Value of $14.77, suggesting that ZipRecruiter Inc is modestly undervalued according to GuruFocus's valuation model. The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
