Militia Capital Management LLC Purchases Shares of 217,072 ZipRecruiter, Inc. $ZIP

Militia Capital Management LLC acquired a new stake in shares of ZipRecruiter, Inc. (NYSE:ZIP) in the first quarter, Holdings Channel.com reports. The fund acquired 217,072 shares of the company’s stock, valued at approximately $399,000.

Other large investors have also modified their holdings of the company. Caerus Investment Advisors LLC acquired a new position in shares of ZipRecruiter in the 1st quarter worth $25,000. Readystate Asset Management LP acquired a new stake in shares of ZipRecruiter during the first quarter worth $347,000. Renaissance Technologies LLC raised its position in shares of ZipRecruiter by 3.4% during the first quarter. Renaissance Technologies LLC now owns 1,920,900 shares of the company’s stock worth $3,534,000 after purchasing an additional 62,900 shares during the period. Sei Investments Co. purchased a new stake in shares of ZipRecruiter during the first quarter valued at $140,000. Finally, Hsbc Holdings PLC lifted its holdings in shares of ZipRecruiter by 30.6% during the fourth quarter. Hsbc Holdings PLC now owns 208,392 shares of the company’s stock valued at $808,000 after purchasing an additional 48,881 shares during the last quarter. 70.55% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on ZIP shares. Weiss Ratings upgraded ZipRecruiter from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, July 20th. The Goldman Sachs Group boosted their price objective on ZipRecruiter from $3.00 to $3.50 and gave the stock a “neutral” rating in a report on Monday, May 11th. Finally, UBS Group upped their price objective on shares of ZipRecruiter from $4.00 to $4.50 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. Four research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $4.00.

Insider Transactions at ZipRecruiter

In related news, CEO Ian H. Siegel sold 9,722 shares of the company’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $3.90, for a total transaction of $37,915.80. Following the transaction, the chief executive officer directly owned 59,813 shares of the company’s stock, valued at approximately $233,270.70. The trade was a 13.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Travers sold 24,706 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $2.99, for a total value of $73,870.94. Following the completion of the sale, the chief financial officer directly owned 1,245,763 shares of the company’s stock, valued at approximately $3,724,831.37. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 125,107 shares of company stock valued at $414,911 over the last quarter. Company insiders own 19.85% of the company’s stock.

ZipRecruiter Stock Performance

ZipRecruiter stock opened at $4.22 on Tuesday. ZipRecruiter, Inc. has a 52 week low of $1.65 and a 52 week high of $5.61. The firm has a market capitalization of $356.38 million, a price-to-earnings ratio of -15.08 and a beta of 1.42. The company has a 50 day moving average price of $3.69 and a 200 day moving average price of $2.94.

ZipRecruiter (NYSE:ZIP) last announced its earnings results on Thursday, May 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.09. The firm had revenue of $107.55 million for the quarter. Equities analysts forecast that ZipRecruiter, Inc. will post -0.08 earnings per share for the current fiscal year.

ZipRecruiter Company Profile

ZipRecruiter, Inc operates an online employment marketplace that connects job seekers and employers. Its platform provides various solutions, such as job posting, online interviews, job alerts, match scores, and application updates. The company was incorporated in 2010 and is based in Santa Monica, California.