ZipRecruiter Inc’s recent filing unveils that its CHIEF EXECUTIVE OFFICER SIEGEL IAN H. unloaded Company’s shares for reported $70709.0 on Jan 06 ’25. In the deal valued at $7.27 per share,9,722 shares were sold. As a result of this transaction, SIEGEL IAN H. now holds 587,115 shares worth roughly $4.34 million.
Then, SIEGEL IAN H. sold 9,730 shares, generating $69,544 in total proceeds. Upon selling the shares at $7.15, the CHIEF EXECUTIVE OFFICER now owns 606,559 shares.
Before that, SIEGEL IAN H. sold 9,722 shares. ZipRecruiter Inc shares valued at $67,884 were divested by the CHIEF EXECUTIVE OFFICER at a price of $6.98 per share. As a result of the transaction, SIEGEL IAN H. now holds 596,837 shares, worth roughly $4.41 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 Monday, ZipRecruiter Inc [NYSE:ZIP] saw its stock jump 6.33% to $7.39. Over the last five days, the stock has gained 4.23%. ZipRecruiter Inc shares have risen nearly 2.07% since the year began. Nevertheless, the stocks have fallen -45.90% over the past one year. While a 52-week high of $15.35 was reached on 01/02/25, a 52-week low of $6.84 was recorded on 01/03/25. SMA at 50 days reached $8.61, while 200 days put it at $9.36.
Levels Of Support And Resistance For ZIP Stock
The 24-hour chart illustrates a support level at 7.07, which if violated will result in even more drops to 6.76. On the upside, there is a resistance level at 7.55. A further resistance level may holdings at 7.72. The Relative Strength Index (RSI) on the 14-day chart is 41.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.56%. Stochastics %K at 21.81% 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 2024-12-13, dropping by -0.78 million shares to a total of 2.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.61 million shares. There was a decline of -27.66%, which implies that there is a negative sentiment for the stock.
