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Ryan T. Sakamoto, the EVP, Chief Legal Officer of ZipRecruiter, INC. (NASDAQ:ZIP), sold 2,169 shares of Class A Common Stock on October 17, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $396 million, has seen its stock decline by approximately 56% over the past year, according to InvestingPro data.
The shares were sold at a weighted average price of $4.321, for a total value of $9,372. The prices for the shares sold ranged from $4.27 to $4.51.
Following the transaction, Sakamoto directly owns 118,256 shares of ZipRecruiter, INC. Class A Common Stock and indirectly owns 77,700 shares through the Sakamoto Living Trust dated 1/5/15, of which the Reporting Person is trustee and beneficiary.
The sale was executed under a Rule 10b5-1 trading plan adopted on September 11, 2024. Despite recent stock performance challenges, ZIP maintains strong liquidity with a current ratio of 5.49, indicating robust short-term financial health.
In other recent news, ZipRecruiter reported its second-quarter 2025 earnings, with revenue reaching $112.2 million, slightly exceeding the forecast of $111.74 million. Despite this revenue beat, the company experienced a notable decline in its stock price. Additionally, ZipRecruiter has launched Breakroom, a platform designed to offer frontline workers insights into workplace conditions, including pay and team culture.
Goldman Sachs and JPMorgan both adjusted their price targets for ZipRecruiter to $5.00 from $7.00, maintaining a Neutral rating. Goldman Sachs described the company’s earnings report as "solid," noting that total revenue and adjusted EBITDA were within guided ranges. However, JPMorgan highlighted macroeconomic pressures affecting hiring demand as a factor weighing on ZipRecruiter’s growth. These developments reflect the current challenges and strategic moves ZipRecruiter is navigating in the market.
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