ZipRecruiter SVP Bartolome Lora sells $11k in stock

Published 24/06/2025, 00:20
ZipRecruiter SVP Bartolome Lora sells $11k in stock

ZipRecruiter (NASDAQ:ZIP) SVP, Accounting & Controller, Bartolome Lora, sold 2,289 shares of Class A Common Stock on June 20, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $5.0777, for a total of $11,622. Prices for the sales ranged from $4.99 to $5.16.

Following the transaction, Lora directly owns 21,161 shares of ZipRecruiter. The sale was executed under a Rule 10b5-1 trading plan adopted on March 4, 2024. According to InvestingPro’s analysis, ZIP currently shows strong liquidity with a current ratio of 7.02, indicating robust financial health despite recent price volatility. Unlock comprehensive insider trading patterns and 8 additional key ProTips with InvestingPro’s detailed research report.

In other recent news, ZipRecruiter reported its first-quarter 2025 earnings, revealing a 10% decline in revenue year-over-year to $110 million, despite slightly surpassing forecasts. The company also experienced a net loss of $12.8 million, nearly doubling from the previous year. Analysts from Goldman Sachs have adjusted their outlook on ZipRecruiter, reducing the 12-month price target from $8.00 to $7.00 and maintaining a Neutral stock rating. The company’s revenue guidance for the next quarter fell below both Goldman Sachs and broader market estimates, reflecting a cautious stance due to the uncertain U.S. economic outlook. Despite these challenges, ZipRecruiter continues to innovate with new product features and maintains a strong balance sheet with $468 million in cash. The company also reported a 10% sequential increase in Quarterly Paid Employers to 63,000, although this figure is down 11% year-over-year. Looking ahead, ZipRecruiter projects Q2 2025 revenue to reach $111 million, indicating a 1% quarter-over-quarter growth. The firm remains optimistic about achieving year-over-year revenue growth by Q4 2025, with expectations for full-year adjusted EBITDA margins to remain in the mid-single digits.

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