ZipRecruiter CFO Sells Shares as Stock Struggles, Company Reports Mixed Financial Results

ZipRecruiter CFO Timothy Yarbrough executed a share sell-off after the stock values decreased as the company delivered mixed financial results and received altered analyst projections.

Executive Vice President and Chief Financial Officer Timothy G. Yarbrough of ZipRecruiter, Inc. exercised his Rule 10b5-1 pre-established trading plan to sell 5,887 shares of the company’s Class A Common Stock on March 5, 2025. The March 5 stock sale resulted in selling shares at $5.6433 per unit for a total worth of $33,222. ZipRecruiter faces an ongoing difficult market situation while its stock prices have decreased by more than 53% during the previous year.

The company maintains its efforts to repurchase shares as a way to strengthen shareholder value in spite of market challenges. Yarbrough owns 117,071 shares through his Yarbrough Family Trust and additionally possesses 250,217 shares directly and 1,537 shares from the company’s employee stock purchase plan.

The fourth-quarter 2024 earnings from ZipRecruiter exceeded market expectations at $111 million above estimates of $107.77 million. The financial results of the company showed a $12.9 million net loss with its yearly balance sheet. ZipRecruiter stock received a downgraded rating from Barclays analysts who moved the investment value from Overweight to Equal Weight and decreased the price target from $10.00 to $6.00 because of valuation issues and expect a conservative EBITDA performance in 2025.  The company expects caution in its future plans by making additional sales and marketing investments in 2025 alongside revenue expansion during Q4.