Redfin Corp (RDFN) CTO Bridget Frey Sells 5,000 Shares

Author: David / Source: StockNewsTimes

Redfin Corp (NASDAQ:RDFN) CTO Bridget Frey sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $20.66, for a total transaction of $103,300.00. Following the transaction, the chief technology officer now owns 42,083 shares in the company, valued at $869,434.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Redfin Corp (NASDAQ RDFN) traded down $0.01 during midday trading on Thursday, reaching $20.59. 1,268,800 shares of the company traded hands, compared to its average volume of 1,383,357. Redfin Corp has a fifty-two week low of $19.18 and a fifty-two week high of $33.49.

Redfin (NASDAQ:RDFN) last announced its quarterly earnings data on Thursday, February 22nd. The company reported ($0.02) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.03. The business had revenue of $95.80 million during the quarter, compared to analyst estimates of $91.59 million. The business’s quarterly revenue was up 43.4% compared to the same quarter last year. equities analysts predict that Redfin Corp will post -0.19 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of RDFN. Nationwide Fund Advisors bought a new stake in Redfin in the third quarter valued at approximately $285,000. First Trust Advisors LP bought a new stake in Redfin…

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