Dan Spaulding Sells 3,819 Shares of Zillow Group (NASDAQ:Z) Stock

Zillow Group, Inc. (NASDAQ:Z) insider Dan Spaulding sold 3,819 shares of Zillow Group stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $71.12, for a total value of $271,607.28. Following the sale, the insider owned 55,797 shares in the company, valued at $3,968,282.64. This represents a 6.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Dan Spaulding also recently made the following trade(s):

• On Friday, November 14th, Dan Spaulding sold 5,455 shares of Zillow Group stock. The stock was sold at an average price of $69.40, for a total transaction of $378,577.00.

Zillow Group Trading Down 2.2%

Z traded down $1.57 during midday trading on Friday, reaching $68.80. The company’s stock had a trading volume of 3,766,893 shares, compared to its average volume of 2,754,949. Zillow Group, Inc. has a 1 year low of $57.51 and a 1 year high of $93.88. The stock’s 50-day moving average is $77.63 and its 200-day moving average is $75.64. The firm has a market capitalization of $16.65 billion, a price-to-earnings ratio of -491.39, a PEG ratio of 28.32 and a beta of 2.10.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). Zillow Group had a negative net margin of 1.29% and a negative return on equity of 0.56%. The company had revenue of $729.00 million for the quarter, compared to analysts’ expectations of $670.28 million. Zillow Group has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Zillow Group, Inc. will post 0.32 earnings per share for the current fiscal year.

Institutional Trading of Zillow Group

Large investors have recently added to or reduced their stakes in the business. Pittenger & Anderson Inc. raised its position in Zillow Group by 32.8% in the third quarter. Pittenger & Anderson Inc. now owns 546 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 135 shares during the period. Brighton Jones LLC lifted its position in Zillow Group by 2.5% during the second quarter. Brighton Jones LLC now owns 5,747 shares of the financial services provider’s stock valued at $403,000 after purchasing an additional 140 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ lifted its position in Zillow Group by 0.3% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 48,575 shares of the financial services provider’s stock valued at $3,743,000 after purchasing an additional 144 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Zillow Group by 25.1% during the second quarter. Farther Finance Advisors LLC now owns 792 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 159 shares during the period. Finally, True Vision MN LLC increased its position in Zillow Group by 2.1% in the second quarter. True Vision MN LLC now owns 7,760 shares of the financial services provider’s stock worth $544,000 after buying an additional 161 shares in the last quarter. 71.01% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Oppenheimer assumed coverage on shares of Zillow Group in a report on Monday, October 6th. They issued a “market perform” rating for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Zillow Group in a report on Wednesday, October 8th. Bank of America upped their price target on Zillow Group from $81.00 to $88.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Mizuho upgraded Zillow Group to a “strong-buy” rating in a report on Monday, September 29th. Finally, Sanford C. Bernstein upgraded shares of Zillow Group from a “market perform” rating to an “outperform” rating and set a $105.00 target price on the stock in a research note on Wednesday, September 17th. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $91.14.

Zillow Group Company Profile

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.