Ziprecruiter EVP Yarbrough sells $23,234 in shares

Published 07/08/2025, 09:32
Ziprecruiter EVP Yarbrough sells $23,234 in shares

Timothy G. Yarbrough, Executive Vice President and Chief Financial Officer of ZipRecruiter, Inc. NASDAQ:ZIP, sold 6,069 shares of Class A Common Stock on August 5, 2025. The shares were sold at a weighted average price of $3.8284, for a total transaction value of $23,234. The transaction comes as ZipRecruiter trades near its 52-week low of $3.73, with the stock down over 53% in the past six months. According to InvestingPro analysis, the company maintains strong fundamentals with an impressive 89.5% gross profit margin and healthy liquidity ratio of 7.02.

The sales were executed in multiple transactions at prices ranging from $3.78 to $3.86 per share. This transaction was executed under a pre-arranged 10b5-1 trading plan adopted on September 12, 2024. With the company’s next earnings report due in 4 days, InvestingPro subscribers can access 13 additional investment tips and comprehensive insider trading analysis to make more informed investment decisions.

Following the transaction, Yarbrough directly owns 293,506 shares of ZipRecruiter, Inc. Class A Common Stock. Yarbrough also indirectly owns 93,365 shares through the Yarbrough Family Trust dated March 23, 2017, of which he is a co-trustee. The company, currently valued at $338 million, is trading below its Fair Value according to InvestingPro’s exclusive analysis.

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 exceeding revenue forecasts, the company’s financial performance has raised concerns among investors. Moody’s Ratings downgraded ZipRecruiter’s Corporate Family Rating to B2, reflecting ongoing challenges in the online job marketplace industry. Additionally, Goldman Sachs adjusted its outlook on ZipRecruiter, reducing the 12-month price target from $8.00 to $7.00, while maintaining a Neutral stock rating. The company’s revenue guidance for the next quarter fell below expectations, indicating cautious sentiment among employers due to uncertainty in the U.S. economic outlook.

In other developments, ZipRecruiter has formed a partnership with Chase, becoming the exclusive hiring partner for the new Chase Sapphire Reserve for Business card. This partnership offers cardmembers access to ZipRecruiter’s matching technology and up to $400 in annual hiring credit. Furthermore, businessman Marcus Lemonis has partnered with ZipRecruiter to help businesses find qualified talent, leveraging his business experience alongside the platform’s technology. These collaborations aim to boost ZipRecruiter’s offerings and address challenges related to employee retention and business growth.

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