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Amy Garefis, Executive Vice President and Chief People Officer at ZipRecruiter Inc (NASDAQ:ZIP), sold 3,021 shares of Class A Common Stock on June 18, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as the stock has declined over 10% in the past week, though InvestingPro data shows the company maintains strong fundamentals with an impressive 89.5% gross profit margin and healthy liquidity ratio of 7.02.
The shares were sold at a weighted average price of $5.0747, for a total transaction value of $15,330. The prices for the shares sold ranged from $4.94 to $5.17. According to InvestingPro’s Fair Value analysis, the stock is currently trading near its Fair Value, with 6 additional exclusive ProTips available for subscribers.
Following the transaction, Garefis directly owns 211,309 shares of ZipRecruiter, INC. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 10, 2024. For comprehensive insider trading analysis and detailed financial metrics, access the full Pro Research Report available on InvestingPro.
In other recent news, ZipRecruiter reported a 10% year-over-year decline in revenue for the first quarter of 2025, totaling $110 million, which still managed to slightly exceed forecasts. The company also faced a net loss of $12.8 million, nearly doubling the loss from the previous year. Despite these financial challenges, ZipRecruiter experienced a 10% sequential increase in quarterly paid employers, reaching 63,000, though this was an 11% decrease compared to the previous year. Goldman Sachs responded to these developments by adjusting their 12-month price target for ZipRecruiter from $8.00 to $7.00, while maintaining a Neutral stock rating. The company’s revenue guidance for the next quarter also fell short of expectations from both Goldman Sachs and other analysts. ZipRecruiter projects a modest revenue growth of 1% quarter-over-quarter for Q2 2025, aiming for $111 million. The company maintains a strong balance sheet with $468 million in cash, which provides some stability amid the macroeconomic uncertainties. Analysts at Goldman Sachs noted that ZipRecruiter’s long-term prospects remain favorable due to the ongoing shift towards online recruiting and the increasing importance of technology in hiring processes.
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