Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. ZipRecruiter Inc shares valued at $51,916 were sold by YARBROUGH TIMOTHY G. on Nov 20 ’24. At $8.64 per share, YARBROUGH TIMOTHY G. sold 6,012 shares. The insider’s holdings dropped to 138,767 shares worth approximately $1.14 million following the completion of this transaction.
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Also, SAKAMOTO RYAN T. sold 1,489 shares, netting a total of over 12,863 in proceeds. Following the sale of shares at $8.64 each, the insider now holds 104,694 shares.
Before that, YARBROUGH FAMILY TRUST had added 3,034 shares to its account. In a trade valued at $26,517, the Officer bought ZipRecruiter Inc shares for $8.74 each.
Analysts at Goldman downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid January. As of November 20, 2023, Wells Fargo has initiated its “an Overweight” rating for ZIP. Earlier on October 04, 2023, UBS initiated its rating. Their recommendation was “a Neutral” for ZIP stock.
Analyzing ZIP Stock Performance
During the last five days, there has been a drop of approximately -5.71%. Over the course of the year, ZipRecruiter Inc shares have dropped approximately -40.65%. Shares of the company reached a 52-week high of $15.35 on 01/29/24 and a 52-week low of $7.21 on 08/07/24. A 50-day SMA is recorded $9.44, while a 200-day SMA reached $9.87. Nevertheless, trading volume fell to 0.65 million shares from 0.59 million shares the previous day.
Support And Resistance Levels for ZipRecruiter Inc (ZIP)
According to the 24-hour chart, there is a support level at 8.09, which, if violated, would cause prices to drop to 7.94. In the upper region, resistance lies at 8.47. The next price resistance is at 8.70. RSI (Relative Strength Index) is 37.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.37, which suggests the price will decrease in the coming days. Percent R is at 95.30%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
