TrueCar, Inc. (TRUE) Scheduled to Post Quarterly Earnings on Thursday

TrueCar, Inc. (NASDAQ:TRUE) is scheduled to release its Q416 earnings data on Thursday, February 16th. Analysts expect TrueCar to post earnings of ($0.05) per share and revenue of $71.31 million for the quarter.

Earnings History for TrueCar (NASDAQ:TRUE)

Shares of TrueCar, Inc. (NASDAQ:TRUE) opened at 13.23 on Wednesday. The firm’s market cap is $1.13 billion. The firm has a 50-day moving average of $12.96 and a 200-day moving average of $11.13. TrueCar, Inc. has a 52 week low of $4.42 and a 52 week high of $13.91.

“TrueCar, Inc. (TRUE) Scheduled to Post Quarterly Earnings on Thursday” was originally published by sleekmoney and is the sole property of of sleekmoney. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of US & international copyright and trademark law. The original version of this piece can be read at http://sleekmoney.com/truecar-inc-true-scheduled-to-post-quarterly-earnings-on-thursday/1661691.html.

In other news, EVP Brian Skutta sold 4,081 shares of the company’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $12.81, for a total value of $52,277.61. Following the completion of the sale, the executive vice president now owns 98,438 shares in the company, valued at approximately $1,260,990.78. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert Buce sold 40,100 shares of the company’s stock in a transaction on Wednesday, November 23rd. The stock was sold at an average price of $12.61, for a total transaction of $505,661.00. Following the completion of the sale, the director now owns 295,305 shares of the company’s stock, valued at approximately $3,723,796.05. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,950 shares of company stock valued at $644,343. Company insiders own 17.30% of the company’s stock.

A number of research firms recently issued reports on TRUE. B. Riley reiterated a “buy” rating and set a $14.00 target price on shares of TrueCar in a research report on Saturday, October 29th. JMP Securities reiterated a “hold” rating on shares of TrueCar in a research report on Sunday, November 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company. TrueCar currently has an average rating of “Buy” and an average target price of $12.17.

About TrueCar

TrueCar, Inc offers a diverse software ecosystem for buying cars. The Company’s software ecosystem is based on a common technology infrastructure, and powered by data and analytics. The Company operates its platform on the TrueCar Website and its branded mobile experience. It customizes and operates its platform on a co-branded basis for its affinity group marketing partners, including financial institutions, membership-based organizations, and employee buying programs for enterprises.

5 Day Chart for NASDAQ:TRUE

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/truecar-inc-true-scheduled-to-post-quarterly-earnings-on-thursday/1661691.html

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