Fubotv earnings beat by $0.10, revenue topped estimates
ZipRecruiter, Inc. NASDAQ:ZIP CEO Ian H. Siegel, has sold a total of 29,166 shares of Class A Common Stock over three days, according to a new SEC filing. The sales, which occurred between August 4 and August 6, 2025, amounted to $112306. The transactions come as the stock trades near its 52-week low of $3.73, having declined over 53% in the past six months. According to InvestingPro analysis, ZipRecruiter appears undervalued at current levels, with 13 additional ProTips available for subscribers.
On August 4, Siegel sold 9,722 shares at a weighted average price of $3.9392, in multiple transactions at prices ranging from $3.85 to $3.99 per share. The total value of this transaction was approximately $38,300. On August 5, he sold another 9,722 shares at a weighted average price of $3.8311, with prices ranging from $3.765 to $3.875 per share, for a total of approximately $37,242. The final sale occurred on August 6, with 9,722 shares sold at a weighted average price of $3.7815, with prices ranging from $3.725 to $3.865 per share, totaling approximately $36,764. The company is scheduled to report its next earnings on August 11, with analysts forecasting a return to profitability this fiscal year.
The sales were executed under a Rule 10b5-1 trading plan adopted on September 9, 2024. Following these transactions, Siegel indirectly holds 353,514 shares through the Siegel Family Trust, where he and Rochelle Siegel serve as co-trustees, and directly holds 143,778 shares. Despite these sales, management has been actively buying back shares, and the company maintains strong gross profit margins of 89.5%.
In other recent news, ZipRecruiter reported its first-quarter 2025 earnings, revealing a decline in revenue and a larger net loss compared to the previous year. Despite this, the company managed to exceed revenue forecasts, but its guidance for the next quarter fell below expectations from Goldman Sachs and other analysts. In response, Goldman Sachs lowered its 12-month price target for ZipRecruiter from $8.00 to $7.00, maintaining a Neutral stock rating. Meanwhile, Moody’s downgraded ZipRecruiter’s Corporate Family Rating to B2, citing challenges in the online job marketplace industry. The downgrade also affected the company’s Probability of Default Rating and Senior Unsecured Global Notes rating.
In a positive development, ZipRecruiter has partnered with Chase to become the exclusive hiring partner for the new Chase Sapphire Reserve for Business card. This partnership provides cardmembers with access to ZipRecruiter’s matching technology and hiring credits. Additionally, ZipRecruiter has teamed up with businessman Marcus Lemonis to help businesses find qualified talent, leveraging Lemonis’s experience to address challenges in employee retention and growth. These partnerships aim to enhance ZipRecruiter’s service offerings amid the current economic uncertainties.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.