ZipRecruiter Inc’s recently made public that its EVP & CHIEF TECHNOLOGY OFFICER SHIMANOVSKY BORIS F. unloaded Company’s shares for reported $62400.0 on Mar 21 ’24. In the deal valued at $12.00 per share,5,200 shares were sold. As a result of this transaction, SHIMANOVSKY BORIS F. now holds 224,182 shares worth roughly $2.6 million.
Then, TRAVERS DAVID sold 849 shares, generating $10,087 in total proceeds. Upon selling the shares at $11.88, the PRESIDENT now owns 1,086,401 shares.
Before that, TRAVERS DAVID sold 31,621 shares. ZipRecruiter Inc shares valued at $371,180 were divested by the PRESIDENT at a price of $11.74 per share. As a result of the transaction, TRAVERS DAVID now holds 1,086,401 shares, worth roughly $12.59 million.
A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. Wells Fargo began covering ZIP with “an Overweight” recommendation on November 20, 2023. UBS started covering the stock on October 04, 2023. It rated ZIP as “a Neutral”.
Price Performance Review of ZIP
On Tuesday, ZipRecruiter Inc [NYSE:ZIP] saw its stock jump 1.58% to $11.59. Over the last five days, the stock has gained 4.32%. ZipRecruiter Inc shares have fallen nearly -16.62% since the year began. Nevertheless, the stocks have fallen -28.01% over the past one year. While a 52-week high of $19.29 was reached on 01/29/24, a 52-week low of $10.27 was recorded on 04/03/24. SMA at 50 days reached $12.79, while 200 days put it at $14.03. A total of 0.42 million shares were traded, compared to the trading of 0.37 million shares in the previous session.
Levels Of Support And Resistance For ZIP Stock
The 24-hour chart illustrates a support level at 11.47, which if violated will result in even more drops to 11.35. On the upside, there is a resistance level at 11.75. A further resistance level may holdings at 11.92. The Relative Strength Index (RSI) on the 14-day chart is 44.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.58%. Stochastics %K at 34.41% indicates the stock is a holding.
How much short interest is there in ZipRecruiter Inc?
A steep rise in short interest was recorded in ZipRecruiter Inc stocks on Mar 15, 2024, growing by 0.49 million shares to a total of 3.54 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 3.05 million shares. There was a rise of 13.84%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 5.72% of the overall stock float, the days-to-cover ratio (short ratio) rose to 4.97.
