ZipRecruiter CFO Yarbrough Sells Shares Price $38,566

Timothy G. Yarbrough, Govt Vice President and Chief Monetary Officer of ZipRecruiter, Inc. (NYSE:ZIP), just lately offered 5,325 shares of the corporate’s Class A Widespread Inventory. The sale, performed on January 6, 2025, was a part of a pre-established buying and selling plan beneath Rule 10b5-1. The shares had been offered at a weighted common value of $7.24, with particular person transaction costs starting from $6.93 to $7.40, totaling roughly $38,566. The inventory at the moment trades at $6.81, close to its 52-week low of $6.76, having declined over 50% previously 12 months. Based on InvestingPro evaluation, ZipRecruiter exhibits indicators of being undervalued regardless of sustaining spectacular gross revenue margins of practically 90%.

Following this transaction, Yarbrough holds 127,372 shares not directly by means of the Yarbrough Household Belief, a residing belief the place he serves as co-trustee. Moreover, he immediately owns 248,680 shares of ZipRecruiter. The corporate, with a market capitalization of $666 million, maintains sturdy liquidity with a present ratio of seven.41. InvestingPro subscribers can entry 12 further key insights and a complete Professional Analysis Report, providing detailed evaluation of ZipRecruiter’s monetary well being and development prospects.

In different current information, ZipRecruiter’s monetary efficiency for the third quarter of 2024 was outlined of their newest earnings name. The corporate’s executives, together with CEO Ian Siegel, President David Travers, and CFO Tim Yarborough, centered on their Q3 outcomes and supplied steering for This fall. They expressed confidence of their Q3 efficiency and This fall outlook, regardless of emphasizing potential dangers and uncertainties that might affect future outcomes.

The corporate’s detailed monetary data is accessible of their Kind 10-Q report. Throughout the name, no particular monetary misses had been mentioned, and the Q&A session allowed for additional clarification from analysts and buyers. As a part of the current developments, you will need to word that whereas the corporate’s administration has supplied forward-looking statements, these are topic to potential dangers that might have an effect on ZipRecruiter’s future monetary outcomes.

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