Janus Henderson Group PLC Has $670,000 Stake in Zillow Group, Inc. $Z

Janus Henderson Group PLC lowered its stake in shares of Zillow Group, Inc. (NASDAQ:Z) by 97.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,191 shares of the financial services provider’s stock after selling 641,277 shares during the quarter. Janus Henderson Group PLC’s holdings in Zillow Group were worth $670,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Independent Franchise Partners LLP grew its holdings in shares of Zillow Group by 0.9% during the 4th quarter. Independent Franchise Partners LLP now owns 10,953,405 shares of the financial services provider’s stock worth $747,241,000 after purchasing an additional 94,569 shares in the last quarter. Capital World Investors lifted its position in Zillow Group by 1.8% during the fourth quarter. Capital World Investors now owns 10,826,066 shares of the financial services provider’s stock worth $738,554,000 after purchasing an additional 191,058 shares during the period. Tiger Global Management LLC grew its stake in Zillow Group by 21.7% during the first quarter. Tiger Global Management LLC now owns 7,368,957 shares of the financial services provider’s stock worth $304,927,000 after buying an additional 1,312,000 shares in the last quarter. State Street Corp raised its position in shares of Zillow Group by 3.9% in the 4th quarter. State Street Corp now owns 3,838,788 shares of the financial services provider’s stock valued at $261,882,000 after buying an additional 143,726 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Zillow Group by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 3,363,657 shares of the financial services provider’s stock worth $228,898,000 after acquiring an additional 55,323 shares during the period. 71.01% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Zillow Group

Here are the key news stories impacting Zillow Group this week:

• Negative Sentiment: Several law firms reminded Zillow investors that August 10 is the deadline to seek lead-plaintiff status in a securities class action covering purchases of Zillow Class A or Class C shares from February 11, 2025, through May 7, 2026. The lawsuit alleges violations of federal securities laws; the allegations have not been proven, and the notices do not represent a new operating or financial charge. Faruqi class action deadline notice DJS Law Group lawsuit notice
• Negative Sentiment: Keefe, Bruyette & Woods reduced its Zillow price target to $34, roughly in line with the stock’s current trading area. The cut signals weaker expected upside and adds to recent caution from Sanford C. Bernstein and Evercore, both of which downgraded the shares to “Hold.” Keefe, Bruyette & Woods price-target reduction
• Negative Sentiment: A report said Zillow warned that the housing market may have peaked for 2026. Such a view could weigh on expectations for housing transactions, listings and demand for Zillow’s advertising and related services. Zillow housing-market outlook

Analyst Ratings Changes

A number of research analysts recently issued reports on Z shares. Sanford C. Bernstein cut shares of Zillow Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Evercore downgraded Zillow Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft decreased their price target on Zillow Group from $80.00 to $68.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Wall Street Zen cut Zillow Group from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings downgraded Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $68.50.

Insider Transactions at Zillow Group

In other news, CFO Jeremy Hofmann sold 5,501 shares of Zillow Group stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $37.40, for a total transaction of $205,737.40. Following the sale, the chief financial officer directly owned 68,315 shares of the company’s stock, valued at approximately $2,554,981. This trade represents a 7.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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, CEO Jeremy Wacksman sold 9,072 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $36.54, for a total value of $331,490.88. Following the sale, the chief executive officer owned 153,699 shares in the company, valued at approximately $5,616,161.46. This trade represents a 5.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 42,910 shares of company stock valued at $1,605,732. 23.76% of the stock is currently owned by corporate insiders.

Zillow Group Stock Performance

NASDAQ Z opened at $33.75 on Tuesday. The firm’s fifty day moving average price is $33.00 and its two-hundred day moving average price is $41.12. The stock has a market cap of $7.72 billion, a PE ratio of 153.42, a PEG ratio of 1.44 and a beta of 1.98. Zillow Group, Inc. has a fifty-two week low of $29.23 and a fifty-two week high of $93.88.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.07. The company had revenue of $772.00 million during the quarter, compared to analysts’ expectations of $758.10 million. Zillow Group had a return on equity of 2.32% and a net margin of 1.96%. As a group, sell-side analysts predict that Zillow Group, Inc. will post 0.9 earnings per share for the current fiscal year.

Zillow Group 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.