Zillow Group, Inc. (NASDAQ:Z – Get Free Report)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $30.08 and last traded at $30.50, with a volume of 3409890 shares. The stock had previously closed at $30.31.
Key Headlines Impacting Zillow Group
Here are the key news stories impacting Zillow Group this week:
- Positive Sentiment: No clearly positive company-specific catalysts were reported in the latest headlines.
- Neutral Sentiment: Multiple law firms, including Rosen, Kahn Swick & Foti, Faruqi & Faruqi, Bronstein Gewirtz & Grossman, Pomerantz, and Howard G. Smith’s firm, are reminding investors about a securities class action and the August 10, 2026 lead-plaintiff deadline. Article Title
- Neutral Sentiment: Short-interest data was reported with no meaningful change in the latest update, so it does not appear to be a major new trading driver. Article Title
- Negative Sentiment: One report explicitly cites Zillow stock dropping after the alleged anticompetitive agreement was disclosed, reinforcing concern that the legal issues could affect fundamentals, costs, or future guidance. Article Title
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on Z. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Zillow Group from $80.00 to $68.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Keefe, Bruyette & Woods cut their price target on Zillow Group from $60.00 to $50.00 and set a “market perform” rating on the stock in a research report on Thursday, May 7th. Wall Street Zen upgraded Zillow Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. decreased their price objective on Zillow Group from $84.00 to $76.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Finally, Zacks Research downgraded Zillow Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Zillow Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.00.
Zillow Group Stock Down 3.7%
The company’s 50-day moving average is $38.02 and its 200 day moving average is $49.31. The company has a market cap of $6.73 billion, a price-to-earnings ratio of 117.64, a price-to-earnings-growth ratio of 1.31 and a beta of 1.97.
Zillow Group (NASDAQ:Z – Get Free Report) last posted its earnings results on Wednesday, May 6th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.10. Zillow Group had a net margin of 2.27% and a return on equity of 1.41%. The business had revenue of $708.00 million for the quarter, compared to analyst estimates of $705.10 million. Analysts predict that Zillow Group, Inc. will post 0.9 EPS for the current fiscal year.
Insider Activity at Zillow Group
In other Zillow Group news, insider Dan Spaulding sold 3,078 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $37.40, for a total value of $115,117.20. Following the sale, the insider directly owned 49,696 shares of the company’s stock, valued at approximately $1,858,630.40. This trade represents a 5.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Bradley D. Owens sold 3,364 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $37.23, for a total value of $125,241.72. Following the completion of the sale, the general counsel owned 65,245 shares of the company’s stock, valued at $2,429,071.35. This trade represents a 4.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 42,910 shares of company stock valued at $1,605,732 in the last ninety days. 25.03% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Zillow Group
Large investors have recently added to or reduced their stakes in the stock. Doliver Advisors LP grew its position in shares of Zillow Group by 1.8% in the fourth quarter. Doliver Advisors LP now owns 9,687 shares of the financial services provider’s stock valued at $661,000 after purchasing an additional 171 shares during the period. Empowered Funds LLC raised its position in shares of Zillow Group by 4.7% during the 1st quarter. Empowered Funds LLC now owns 3,822 shares of the financial services provider’s stock worth $262,000 after purchasing an additional 171 shares during the last quarter. GAMMA Investing LLC lifted its stake in Zillow Group by 21.4% in the 4th quarter. GAMMA Investing LLC now owns 1,186 shares of the financial services provider’s stock valued at $81,000 after buying an additional 209 shares in the last quarter. CIBC Asset Management Inc lifted its stake in Zillow Group by 3.0% in the 4th quarter. CIBC Asset Management Inc now owns 7,550 shares of the financial services provider’s stock valued at $515,000 after buying an additional 220 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. AG boosted its holdings in Zillow Group by 6.9% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 3,923 shares of the financial services provider’s stock worth $268,000 after buying an additional 252 shares during the last quarter. 71.01% of the stock is currently owned by institutional investors and hedge funds.
Zillow Group Company Profile
Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.
Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.
Read More
- Five stocks we like better than Zillow Group
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.
